Breadcrumb Trail Links PMN Business Shares in Asia are primed for declines Thursday after a selloff in US stocks and bonds following hawkish comments in minutes of the Federal Reserve’s last meeting. Author of the article: Bloomberg News Richard Henderson Published Aug 16, 2023 • Last updated 19 minutes ago • 3 minute read Join the […]
Breadcrumb Trail Links PMN Business The energy think tank says the Australia’s largest pure-play coal producer is underestimating its methane emissions from mining. Author of the article: Bloomberg News Aaron Clark Published Aug 16, 2023 • 2 minute read Join the conversation An excavator at a working coal mine in the Port of Newcastle. Photographer: […]
Breadcrumb Trail Links PMN Business The Philippine central bank is widely expected to keep its policy rate steady for a third straight meeting after economic growth sputtered while the peso slumped and rice prices rose. Author of the article: Bloomberg News Andreo Calonzo and Ditas Lopez Published Aug 16, 2023 • 3 minute read Join […]
Article content (Bloomberg) — Warren Buffett-backed Occidental Petroleum Corp. agreed to buy Canadian startup Carbon Engineering Ltd. for $1.1 billion as the oil producer expands its position as a leader in removing carbon dioxide from the atmosphere. Occidental will pay in cash and expects the deal to close before the end of the year, pending […]
Article content (Bloomberg) — Alberta will never comply with a federal plan to phase out carbon emissions from power generation by 2035 and will go its own way if such a plan is implemented, Premier Danielle Smith said. The province, which relies on fossil fuels for 89% of its electricity, can achieve a net zero […]
Breadcrumb Trail Links PMN Business Potential strikes at major Australian LNG plants have reignited fears over global gas supplies. Author of the article: Bloomberg News Anna Shiryaevskaya and Ruth Liao Published Aug 13, 2023 • 4 minute read Join the conversation i4yctl7janntp]z5tj700zj6_media_dl_1.png Source: Bloomberg Article content (Bloomberg) — Gas is back as a risk to […]
Breadcrumb Trail Links PMN Business United States Steel Corp. has rejected a takeover offer from rival Cleveland-Cliffs Inc. that promised to create one of the world’s biggest steelmakers, and will begin a review of its strategic options instead. Author of the article: Bloomberg News Joe Deaux Published Aug 13, 2023 • 3 minute read Join […]
Article content (Bloomberg) — The yen hovered around the psychological 145 level versus the dollar and within reach of its weakest level this year as a persistently wide interest-rate gap with the US weighs on the Japanese currency. Investors are on guard for any sharp moves as traders return in Tokyo following a holiday in […]
Article content (Bloomberg) — Contact Energy expects to have more than 95% of its New Zealand generation renewable by mid-2027 as it moves forward with plans to build new geothermal and solar-powered plants. The company plans to apply for consent to build a 160 megawatt solar farm northwest of Auckland before the end of this […]
Breadcrumb Trail Links PMN Business While the cause of the deadly Maui fires remains under investigation, lawyers are sending experts to the island to look into utility power lines as being a possible source of ignition. Author of the article: Bloomberg News Mark Chediak and Jef Feeley Published Aug 12, 2023 • 4 minute read […]