Business
Hungary, Austria and Serbia work together to stem migration

Article content BERLIN (AP) — The leaders of Hungary, Austria and Serbia met Monday in Budapest to find solutions on how to stem the increasing number of migrants arriving in Europe, among them many young men from India. Article content The three leaders agreed to take joint action to control the new arrivals along the […]

Updated: Oct 3, 2022
Australia Says Nuclear Sub Plan on Track to Unveil Early in 2023

Article content Australia is on track to make an announcement “in the first part of next year” on the path to acquiring nuclear-powered submarines under its project with the US and the UK, Defense Minister Richard Marles said. Article content “You don’t build a nuclear-powered submarine quickly, and so the question of when we would […]

Updated: Oct 2, 2022
Thousands March in UK Cities to Protest on Cost-of-Living Crisis

Article content A series of protests filled the streets of the largest UK cities on Saturday, with people rallying for causes ranging from a cost-of-living crisis and pay rises to protecting the climate. Article content Across Britain, in cities including London, Edinburgh, Swansea and Liverpool, protesters gathered for marches coordinated by the campaign Enough is […]

Updated: Oct 1, 2022
Sterling set for biggest weekly rises since March 2020

Breadcrumb Trail Links PMN Business Author of the article: Article content LONDON — Sterling rose on Friday and was set for its biggest weekly gains since March 2020 after the Bank of England intervened to calm markets spooked by the government tax cut plans announced on Sept. 23. In a turnaround from the record lows […]

Updated: Sep 30, 2022
Sterling climbs as dollar slips in wake of Bank of England intervention

Breadcrumb Trail Links PMN Business Author of the article: Article content LONDON — The pound reversed losses and climbed more than 1% on Thursday as the dollar slipped and investors analyzed the Bank of England’s dramatic intervention in the bond market. Sterling had dropped in morning trading in London but later rallied to stand 1.3% […]

Updated: Sep 29, 2022
Canada Pension Plan Investment Board flexes muscle on climate change

Breadcrumb Trail Links News FP Investor FP Finance Canada Pension Plan Investment Board pushed 35 companies to improve climate-related disclosures and practices Canada Pension Plan Investment Board is using its influence to push companies to improve climate-related disclosures and practices. Photo by Getty Images Article content The Canada Pension Plan Investment Board, which invests on […]

Updated: Sep 28, 2022
Irish Firms, Households Get Energy Help in €11 Billion Budget

Breadcrumb Trail Links PMN Business Companies in Ireland will be able to claim up to €10,000 ($9,600) a month to help with energy bills amid a raft of government measures totaling €11 billion. Author of the article: Bloomberg News Morwenna Coniam Paschal Donohoe, Ireland’s finance minister, during an European Union (EU) Economic and Financial Affairs […]

Updated: Sep 27, 2022
Euro zone yields at multi-year highs, Italian bonds underperform

Breadcrumb Trail Links PMN Business Author of the article: Article content Euro zone government bond yields jumped to multi-year highs amid expectations that central banks will keep tightening their monetary policy despite recession risks and a new sell-off in British gilts. Meanwhile, the spread between Italian and German yields widened after the rightist coalition won […]

Updated: Sep 26, 2022
Manchin Appeals to GOP to Seize Moment on Energy Permitting Bill

Breadcrumb Trail Links PMN Business (Bloomberg) — Democratic Senator Joe Manchin is still campaigning for votes on his plan to fast-track energy projects, while expressing confidence he’ll win enough bipartisan backing to pass the permitting legislation. Author of the article: Bloomberg News Jennifer A. Dlouhy Publishing date: Sep 25, 2022  •  10 minutes ago  •  2 […]

Updated: Sep 25, 2022
Unrealistic Demands Hindering European LNG Deals: Total CEO

Article content (Bloomberg) — Europe’s frantic search for gas supplies in the wake of Russia’s invasion of Ukraine is being stymied by buyers’ unrealistic demands, TotalEnergies SE’s chief executive officer said. Article content “If Europe wants some security of supply, it has a cost,” Patrick Pouyanne said in the Qatari capital, Doha, where the French […]

Updated: Sep 24, 2022