Breadcrumb Trail Links PMN Business Both Donald Trump and Kamala Harris’s teams are quietly preparing their governments-in-waiting, even as the two nominees remain focused on actually winning the presidency in the final days of an incredibly close election on Tuesday. Author of the article: Bloomberg News Nancy Cook Published Nov 02, 2024 • 4 minute […]
Article content (Bloomberg) — President Joe Biden will not attend a major UN climate change summit opening just days after the US election and set to shape the country’s approach to the issue for years to come. Biden’s absence at the high-level COP29 negotiations was confirmed by a person familiar with the matter who wasn’t […]
Article content (Bloomberg) — Air Canada posted quarterly earnings that beat estimates while announcing a new buyback program, boosting the airline’s shares the most in more than a year. The Montreal-based company raised its full-year outlook for adjusted Ebitda, a measure of profit that excludes items such as taxes and interest, to C$3.5 billion ($2.5 […]
Article content (Bloomberg) — Canada’s largest pension fund and Singapore’s GIC Pte are in advanced talks to back PSG Equity’s plan to transfer $1.8 billion of company stakes into a new vehicle designed specifically for this type of asset-shifting. PSG plans to move roughly a half-dozen investments from several older funds into a new one […]
Article content (Bloomberg) — Avangrid Inc. and Invenergy LLC units secured leases to install wind turbines across some 439,000 acres in the Gulf of Maine during a US government auction Tuesday, a week before a presidential election likely to dictate the shape of their development for years to come. Together, the firms pledged $22 million […]
Breadcrumb Trail Links PMN Business In the early days of Javier Milei’s presidency, Volkswagen AG’s South America chief wasn’t too happy with him. Now he’s part of a chorus of business leaders feeling encouraged about Argentina for the first time in years. Author of the article: Bloomberg News Kevin Simauchi and Leonardo Lara Published Oct […]
Breadcrumb Trail Links PMN Business Million Air, a luxury aviation company catering to the ultra-rich and high-flying executives, is borrowing $120.5 million from Wall Street to expand its operations in Austin to meet pent-up demand for hangar space to park private jets. Author of the article: Bloomberg News Erin Hudson and Amanda Albright Published Oct […]
Article content (Bloomberg) — Long-shot, third-party candidate Juan Dalmau has surged to a virtual tie in Puerto Rico’s governor race, propelled by his pledge to end tax breaks for wealthy newcomers to the island. Dalmau, the head of the Puerto Rican Independence Party, is now in a statistical dead heat with 29% support against 31% […]
Breadcrumb Trail Links PMN Business After sending more than 100 fighter planes to attack Iran, the Israeli government is seeking to walk a fine line: Officials there believe the attack did significant strategic damage but want to allow Iran to continue dismissing it as unworthy of response. Author of the article: Bloomberg News Galit Altstein […]
Article content (Bloomberg) — The chairmen of Asia’s two largest automakers made a rare joint public appearance at an event to showcase their companies’ high-performance vehicles, underscoring the trend of rivals joining hands in the face of electrification. Toyota Motor Corp.’s Akio Toyoda and Hyundai Motor Group’s Euisun Chung were at a racing festival in […]