Breadcrumb Trail Links News Economy President Donald Trump said he will announce 25% tariffs on all imports of steel and aluminum on Monday. Author of the article: Bloomberg News Josh Wingrove Published Feb 09, 2025 • Last updated 7 minutes ago • 3 minute read A worker welds a stainless steel part at a steel manufacturing […]
Article content (Bloomberg) — Brookfield Asset Management plans to invest €20 billion ($20.7 billion) to develop data centers and AI infrastructure in France over the next five years, as the competition to dominate artificial intelligence intensifies among global powers. Article content The New York-based investment firm has allocated €15 billion to data center investments, which […]
Breadcrumb Trail Links PMN Business BP Plc’s dramatic under-performance compared with other oil majors has reached a crunch point — a looming showdown with one of the world’s most aggressive activist investors. Author of the article: Bloomberg News Mitchell Ferman and Dinesh Nair Published Feb 09, 2025 • 4 minute read hc8q[ew40ytbcwox8nr)bn3c_media_dl_1.png Bloomberg Article content […]
Breadcrumb Trail Links PMN Business US inflation showed scant signs of downward momentum at the start of the year, while healthy job growth undergirded the economy, backing the Federal Reserve’s stance to hold the line on interest rates for now. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Feb 08, 2025 […]
Breadcrumb Trail Links PMN Business Even US President Donald Trump’s tariff rhetoric can’t rattle credit markets, a sign to some money managers and strategists that the market is too complacent. Author of the article: Bloomberg News Neil Callanan Published Feb 08, 2025 • 6 minute read f9q}60s{(k{3tzxq50g2cyhg_media_dl_1.png S&P Global Article content (Bloomberg) — Even US […]
Article content (Bloomberg) — A Russian underwater cable in the Baltic Sea has been damaged by an unspecified external impact, Tass reported on Saturday, citing the telecommunications provider PJSC Rostelecom. Article content Restoration work is underway and the incident has had no impact on subscribers so far, according to the state-owned company. Finnish media reported […]
Breadcrumb Trail Links PMN Business Stranded migrants and a foreign-aid freeze are squeezing Mexican cities that are also anticipating the arrival of deportees Author of the article: Bloomberg News Maya Averbuch Published Feb 08, 2025 • 7 minute read A playroom for children at the migrant shelter, where teachers sent by UNICEF used to come […]
Article content (Bloomberg) — When Canada’s Prime Minister Justin Trudeau told a group of executives that President Donald Trump wasn’t kidding about annexing Canada, he offered one reason: critical minerals. Article content Canada is rich in nearly three dozen critical minerals essential to modern technology and produces more than 60 minerals and metals including nickel, […]
Article content (Bloomberg) — Factories across Asia expanded at a lackluster pace in January as demand cooled, ahead of a trade war that President Donald Trump kicked off on the weekend. Article content The PMI gauge for manufacturing-heavy countries showed tepid activity, according to the S&P Global purchasing managers index that provides a snapshot of […]
Article content (Bloomberg) — Japanese automakers’ shares tumbled after US President Donald Trump pledged to impose tariffs against Canada and Mexico, with investors worried their operations may be upended considering many have factories south of the border from where they send cars into North America. Article content Toyota Motor Corp. shares fell as much as […]