Category: BLOOM

Nov 24

Trump Victory Forces Once Vocal Corner of Wall Street to Regroup

Breadcrumb Trail Links PMN Business Donald Trump’s return to the White House is forcing one of Wall Street’s more jargon-filled corners to rethink its talking points. Author of the article: Bloomberg News Frances Schwartzkopff Published Nov 24, 2024  •  3 minute read The Environmental Protection Agency headquarters in Washington, DC. Photographer: Stefani Reynolds/Bloomberg Photo by […]
Nov 24

US Agency Conducting Due Diligence on Adani’s Sri Lanka Project

Article content (Bloomberg) — A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still conducting due diligence on the project, following bribery allegations against the conglomerate’s billionaire founder and other top executives. The US International Development Finance Corp. hasn’t reached a final […]
Nov 24

Egypt Reviewing LNG Import Needs as Domestic Power Demand Dips

Article content (Bloomberg) — Egypt, which recently diverted a number of incoming liquefied natural gas shipments, is reviewing its energy import needs amid a fall in domestic power demand and a drive to trim spending. The North African nation’s decision to not receive the cargoes came amid efforts in “updating production and consumption models according […]
Nov 23

Mexico Looks Past Trump Threats With $2.7 Billion Port Expansion

Breadcrumb Trail Links PMN Business Mexico is looking beyond the incoming Trump administration’s threats of tariffs, betting on a bright future for global merchandise trade no matter what actions its northern neighbor and biggest trading partner takes. Author of the article: Bloomberg News Alex Vasquez Published Nov 23, 2024  •  4 minute read Captain Luis […]