Written by Article content (Bloomberg) — Egypt, which recently diverted a number of incoming liquefied natural gas shipments, is reviewing its energy import needs amid a fall in domestic power demand and a drive to trim spending. The North African nation’s decision to not receive the cargoes came amid efforts in “updating production and consumption models according […]
Article content BARCELONA, Spain (AP) — Thousands of Spaniards rallied in downtown Barcelona on Saturday to protest the skyrocketing cost of renting an apartment in the popular tourist destination. People held up homemade signs in Spanish reading “Fewer apartments for investing and more homes for living,” and “The people without homes uphold their rights.” The […]
Article content (Bloomberg) — Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Adani charges hit mood Green stocks turn red Mixed signals for housing Good morning, this is Chiranjivi Chakraborty, an equities reporter in Mumbai. Investor focus […]
Breadcrumb Trail Links PMN Business The 23-acre property generates its own electricity, so there will be no running up that heating bill. Author of the article: Bloomberg News Sarah Rappaport Published Nov 21, 2024 • 5 minute read You can save this article by registering for free here. Or sign-in if you have an account. […]
Article content (Bloomberg) — Shares of Oklo Inc., the nuclear fission reactor company backed by OpenAI Inc’s Sam Altman, tumbled Wednesday after Kerrisdale Capital said it is shorting the stock. The report alleges that “virtually every aspect of Oklo’s investment case warrants skepticism,” sending the stock down as much as 10%. Oklo shares have whip-sawed […]
Article content COLOMBO, Sri Lanka (AP) — Sri Lanka’s new Marxist-leaning president swore in a 22-member Cabinet on Monday after his party secured a two-thirds parliamentary majority in last week’s election. The margin of victory will allow President Anura Kumara Dissanayake to make sweeping reforms, including a campaign promise of a new constitution, without needing […]
Breadcrumb Trail Links PMN Business North Korea may deploy as many as 100,000 troops to aid Russia’s war on Ukraine if the alliance between Pyongyang and Moscow continues to deepen, according to people familiar with assessments made by some Group of 20 nations. Author of the article: Bloomberg News Alberto Nardelli and Michael Nienaber Published […]
Article content (Bloomberg) — A fight is building at the United Nations climate talks over whether countries should recommit to last year’s historic pledge to transition away from fossil fuels. European and US negotiators see restating commitments agreed last year, including a boost in efficiency and renewable energy deployment, as essential to prevent backtracking on […]
Article content SAN FRANCISCO (AP) — Disgruntled X users are again flocking to Bluesky, a newer social media platform that grew out of the former Twitter before billionaire Elon Musk took it over in 2022. While it remains small compared to established online spaces such as X, it has emerged as an alternative for those […]
Article content (Bloomberg) — Canadians may face delays in getting their holiday gifts and purchases this year after workers at the national postal service went on strike. Employees who are part of the Canadian Union of Postal Workers walked out at 12:01 a.m. Toronto time on Friday, according to a union statement. The work stoppage […]