Written by Article content (Bloomberg) — European natural gas prices registered their biggest weekly decline since January, with optimism on Ukraine transit flows contributing to the bearish momentum. Benchmark futures for December delivery closed 3.5% lower on Friday, capping a weekly drop for the front-month contract of almost 10%. That’s the biggest percentage reduction since the […]
Article content (Bloomberg) — The Czech economy is confronting a series of potential inflationary risks that warrant a consideration of pausing interest rate cuts, a top central banker said. Vice Governor Eva Zamrazilova said she’ll weigh whether to keep the benchmark rate unchanged at the Nov. 7 meeting or to back another quarter-point reduction. While […]
Article content DOUGLAS, Ga. (AP) — A funeral home owner in south Georgia has been arrested and accused of neglecting human corpses after authorities said they found 18 bodies in various stages of decomposition while serving an eviction notice at the business. Chris Lee Johnson, 39, of Douglas, has been charged with 17 counts of […]
Article content TORONTO — Five things to watch for in the Canadian business world in the coming week: Macklem on the Hill Bank of Canada governor Tiff Macklem and senior deputy governor Carolyn Rogers will be at the House of Commons Standing Committee on Finance on Tuesday. The pair will also be at the Standing […]
Breadcrumb Trail Links PMN Business A week before Federal Reserve officials gather to reflect on the appropriate tempo of interest-rates cuts, three high-profile reports are set to show underlying resilience in the US economy and a temporary hiccup in job growth. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Oct 26, […]
Breadcrumb Trail Links PMN Business Kamala Harris tethered ex-President Donald Trump to the rollback of federal abortion rights in a Friday night rally headlined by celebrity singer Beyoncé Knowles-Carter as the vice president sought to elevate her standing with female voters in the final days before the election. Author of the article: Bloomberg News Jennifer […]
Breadcrumb Trail Links PMN Business To those who argue that value investing has gotten too hard in today’s momentum-chasing, passive-driven world, Scott McBride’s results are a bit of a conundrum. Author of the article: Published Oct 25, 2024 • 4 minute read You can save this article by registering for free here. Or sign-in if […]
Article content LOS ANGELES (AP) — The unions representing more than 7,000 CVS workers in Southern California have reached a tentative agreement on a contract after workers went on strike over the weekend demanding better pay, staffing, and more affordable healthcare. “Today proves that when workers fight, we win,” the United Food and Commercial Workers […]
Article content HONG KONG (AP) — The Hong Kong government is barring most civil servants from using popular apps like WhatsApp, WeChat and Google Drive on their work computers due to potential security risks. The latest IT security guidelines from the Digitial Policy Office have many civil servants complaining about added inconvenience. Government workers will […]
Article content (Bloomberg) — German manufacturers are increasingly directing investments to the US, especially in sectors that use lots of energy and are thus more exposed to higher costs at home, according to the Bundesbank. Domestic production in industries like chemicals, glass and paper collapsed by 15% in 2022, the year that Russia invaded Ukraine […]