Breadcrumb Trail Links PMN Business President-elect Donald Trump said he has no plans to replace Federal Reserve Chair Jerome Powell once he returns to the White House, saying “I don’t see it.” Author of the article: Bloomberg News Jenny Leonard and Michelle Jamrisko Published Dec 08, 2024 • 4 minute read US President-elect Donald Trump […]
Breadcrumb Trail Links PMN Business Losses in the Chinese yuan and the euro have picked up in recent months, and that is worsening the outlook for emerging-market currencies in Asia and Europe. Author of the article: Bloomberg News Marcus Wong and Malavika Kaur Makol Published Dec 08, 2024 • 3 minute read vua(y5seymtevlqkefertf}f_media_dl_1.png Bloomberg Article […]
Breadcrumb Trail Links PMN Business Debt markets have been in risk-on mode for weeks now, fired up by Federal Reserve rate cuts and the election of Donald Trump to the US presidency. Risk premiums on junk bonds have plunged more than 1 percentage point since early August, and companies launched the sales of around $105 […]
Breadcrumb Trail Links PMN Business Donald Trump has jumped straight into action as the defender of dollar power, training some heavy fire on an enemy that barely even exists. Author of the article: Bloomberg News Saleha Mohsin Published Dec 07, 2024 • 6 minute read bfpxjlmlvyyy4c]dk8on}luh_media_dl_1.png International Monetary Fund, Blo Article content (Bloomberg) — Donald […]
Breadcrumb Trail Links PMN Business The school is out of commission — hit by heavy shrapnel in July. Some homes are boarded up from direct hits. The avocado orchards have lost many hectares from fires sparked by missiles. Author of the article: Bloomberg News Ethan Bronner Published Dec 07, 2024 • 4 minute read Magen […]
Breadcrumb Trail Links PMN Business The stock market’s growth engine is running on fumes. Author of the article: Bloomberg News Jeran Wittenstein Published Dec 07, 2024 • 5 minute read e(n)786hdv70v9o6grqhgs8x_media_dl_1.png Bloomberg Article content (Bloomberg) — The stock market’s growth engine is running on fumes. Article content Article content For years, investors have counted on […]
Article content (Bloomberg) — Chevron Corp. and Shell Plc are in talks to join Argentina’s signature project to ramp up crude exports from its booming shale patch, according to people familiar the matter. Article content Chevron and Shell, which both have assets in the Vaca Muerta formation, are negotiating with a consortium of drillers spearheaded […]
Article content (Bloomberg) — Libya’s oil production has risen to the highest daily level in more than a decade, just months after a political crisis slashed the country’s output. Article content Crude and condensate production hit 1.422 million barrels on Thursday, the National Oil Corp. said in a post on X. That exceeds the state […]
Breadcrumb Trail Links PMN Business Canada’s largest banks all are poised to pay their employees more in variable compensation for 2024, with stock-market favorites Royal Bank of Canada, Canadian Imperial Bank of Commerce and National Bank of Canada increasing bonus pay the most. Author of the article: Bloomberg News Christine Dobby Published Dec 05, 2024 […]
Article content (Bloomberg) — Economic activity increased slightly in November after little change in preceding months, and US businesses grew more upbeat about demand prospects, the Federal Reserve said in its latest Beige Book survey. Article content “Though growth in economic activity was generally small, expectations for growth rose moderately across most geographies and sectors,” […]