Category: BLOOM

Jul 21

Colombia’s Petro Seeks Legislation to Lower Rents, Power Prices

Article content (Bloomberg) — Colombia’s electricity tariffs and rental prices are the main drivers of inflation, and the government wants lawmakers to change legislation that regulate such costs, President Gustavo Petro said. While inflation has slowed, high interest rates and energy prices continue to hurt sectors that promote industrial production and homebuilding, Petro told members […]
Jul 20

Trump Fans Yell They Want Biden, Not Harris, as 2024 Opponent

Breadcrumb Trail Links PMN Business Donald Trump polled supporters at his Michigan rally whether they’d prefer for him to run against President Joe Biden or Vice President Kamala Harris. An overwhelming cacophony of voices suggested they want the 81-year-old president as Trump’s opponent. Author of the article: Bloomberg News Mark Niquette Published Jul 20, 2024 […]
Jul 20

US Federal Agencies Hit in Outage Caused by CrowdStrike Glitch

Breadcrumb Trail Links PMN Business US federal agencies were among those reeling from a massive technology outage Friday after a flawed software update by CrowdStrike Holdings Inc. disrupted global computer networks. Author of the article: Bloomberg News Jamie Tarabay and Jake Bleiberg Published Jul 19, 2024  •  3 minute read Representative Michael McCaul, a Republican […]
Jul 19

How American Pension Funds Help Vladimir Putin’s Gas Gambit

Breadcrumb Trail Links PMN Business US workers have indirectly invested in the highly specialized ice-class carriers serving Russia’s Yamal LNG Author of the article: Bloomberg News Natasha White and Stephen Stapczynski Published Jul 19, 2024  •  4 minute read rx56}c2knq6]u43k47qqt[}6_media_dl_1.png PitchBook, Bloomberg Article content (Bloomberg) — Russia needs to ramp up liquefied natural gas exports to replenish Kremlin coffers and fund its war […]
Jul 16

PepsiCo Signs Fertilizer Deal With Yara to Cut Food Emissions

Article content (Bloomberg) — PepsiCo Inc. struck an agreement with fertilizer giant Yara International ASA to secure lower-emission crop nutrients for farmers it buys from in Europe, as food and beverage companies push to become greener. Yara will initially mostly supply PepsiCo farmers with traditional products made using natural gas, but plans to boost volumes […]