Marketing
BHP Sees China Opening Boost as Iron Ore Output Hits Record

Breadcrumb Trail Links PMN Business (Bloomberg) — BHP Group Ltd., the world’s biggest miner, reported record iron ore production for its fiscal first half, predicting China would drive commodity demand in 2023 as the country opens up. Author of the article: Bloomberg News James Fernyhough Published Jan 18, 2023  •  2 minute read Join the […]

Updated: Jan 18, 2023
Rogers asks court to dismiss competition watchdog’s appeal of merger

Breadcrumb Trail Links Telecom News ‘This pro-competitive transaction has been delayed long enough and must be allowed to proceed’ The headquarters of Rogers Communications Inc. in Toronto. Photo by Chris Helgren/Reuters/File Photo Article content Lawyers for Rogers Communications Inc. are requesting that the Federal Court of Appeal dismiss the Commissioner of Competition’s appeal of a […]

Updated: Jan 17, 2023
China’s economy set to slow sharply in Q4, policymakers face post-pandemic test

Breadcrumb Trail Links PMN Business Article content BEIJING — China’s economy is expected to have slowed sharply in the fourth quarter due to stringent COVID curbs, dragging down 2022 growth to one of its worst in nearly half a century and raising pressure on policymakers to unveil more stimulus this year. Data on Tuesday is […]

Updated: Jan 16, 2023
Puerto Rico to privatize power generation amid outages

Article content SAN JUAN, Puerto Rico (AP) — Puerto Rico announced Sunday that it plans to privatize electricity generation, a first for a U.S. territory facing chronic power outages as it struggles to rebuild a crumbling electric grid. Article content The move marks the beginning of the end for Puerto Rico’s Electric Power Authority, a […]

Updated: Jan 15, 2023
Bond Investors Are at a Crossroads With Fed Pause In Sight

Breadcrumb Trail Links PMN Business The emerging consensus that the Federal Reserve will raise rates only one or two more times has ushered in a new set of dilemmas for bond investors, who now must decide which parts of the market will fare best under the circumstances. Author of the article: Bloomberg News Michael MacKenzie […]

Updated: Jan 14, 2023
Tesla turns up heat on rivals with global price cuts

Breadcrumb Trail Links PMN Business Author of the article: Reuters Hyunjoo Jin and Victoria Waldersee and Zoey Zhang Published Jan 13, 2023  •  4 minute read Join the conversation Article content Tesla Inc has slashed prices globally on its electric vehicles by as much as 20%, extending an aggressive discounting effort and challenging rivals after […]

Updated: Jan 13, 2023
China’s on the move again, economic outlook brightens

Breadcrumb Trail Links PMN Business Author of the article: Reuters Ellen Zhang and Kevin Yao Published Jan 12, 2023  •  2 minute read Join the conversation Article content BEIJING — Residents of China are increasingly on the move after the country’s sudden reversal last month of heavy COVID-19 curbs, despite a surge in infections, pointing […]

Updated: Jan 12, 2023
Disney girds to fight activist investor Peltz over board seat

Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Uday Sampath Kumar and Yuvraj Malik Published Jan 11, 2023  •  2 minute read Join the conversation Article content Walt Disney Co on Wednesday snubbed a bid from activist investor Nelson Peltz seeking a board seat, months after a top-level shakeup at the […]

Updated: Jan 11, 2023
Augusta Gold Announces C$10 Million Bought Deal Offering

This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Article content VANCOUVER, British Columbia, Jan. 10, 2023 (GLOBE NEWSWIRE) — Augusta Gold Corp. (TSX:G; OTCQB:AUGG; […]

Updated: Jan 10, 2023
Hedge funds in 2022 post worst performance since 2018, dragged down by equities -HFR data

Breadcrumb Trail Links PMN Technology PMN Business Article content NEW YORK — Hedge funds last year posted their worst performance since 2018, mainly dragged down by equities as portfolio managers struggled to place their bets amid market turmoil, industry data provider HFR said on Monday. Overall, hedge funds fell 4.25% last year, according to the […]

Updated: Jan 9, 2023