Article content (Bloomberg) — GE Vernova Inc. has signed multiple contracts to sell natural gas turbines for data centers that will use enough power to light up major cities, the company’s top executive said. Article content Big technology companies are reserving turbines — the engines at the heart of gas-fired power plants — for their […]
Breadcrumb Trail Links PMN Business New research shows that the path for women to become CEO remains “unbelievably narrow” across British corporations. Author of the article: Bloomberg News Katherine Griffiths Published Dec 08, 2024 • 3 minute read 4b9pf561913mj[a6{zcor3ip_media_dl_1.png Bloomberg Intelligence Article content (Bloomberg) — Women are increasingly being hired for the roles at companies […]
Article content (Bloomberg) — Canadian Western Bank said it delayed the release of its fiscal fourth-quarter earnings Friday because it received a legal claim against a bank division that needed investigation. Article content The case won’t affect its sale to National Bank of Canada, it said. The claim involving CWB Maxium Financial Ltd. contains “allegations […]
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 […]