Article content (Bloomberg) — The approaching US earnings season is expected to be the gloomiest since the pandemic, according to Goldman Sachs Group Inc. strategists. Article content Analyst consensus expectations are for S&P 500 earnings-per-share to fall 7% in the first quarter from a year earlier, marking the sharpest decline since the third quarter of […]
Breadcrumb Trail Links PMN Business Silicon Valley Bank’s blunders were encouraged by US regulation, went untested by the Federal Reserve and were “hiding in plain sight” until Wall Street and depositors grew alarmed. Author of the article: Bloomberg News Hannah Levitt Published Apr 04, 2023 • 3 minute read Join the conversation Jamie Dimon Photo […]
Article content (Bloomberg) — Iraq’s semi-autonomous Kurdistan region said it has reached an agreement with the federal government to resume oil exports through Turkey this week, after a legal spat pushed up crude prices. Article content “Following several meetings between the Kurdistan Regional Government & Federal Government, an initial agreement has been reached to resume […]
Breadcrumb Trail Links PMN Business Bulgarians are voting in their fifth election in two years, seeking to end turmoil that has paralyzed the political system and put at risk European Union unity over Russia’s invasion of Ukraine. Author of the article: Bloomberg News Slav Okov Published Apr 02, 2023 • Last updated 1 hour ago • […]
Breadcrumb Trail Links PMN Business OPEC+ is still finding that the best response to growing oil market uncertainty is to hold its ground. Author of the article: Bloomberg News Grant Smith Published Apr 02, 2023 • Last updated 1 hour ago • 3 minute read Join the conversation 9e}nwdvjp[einyw7m{2w6dr6_media_dl_1.png Source: Bloomberg Article content (Bloomberg) — OPEC+ […]
Article content (Bloomberg) — Pakistan’s inflation quickened by a record on higher taxes and energy prices, suggesting that further interest rate increases may be needed. Article content Consumer prices rose 35.37% from a year earlier, according to data released by the statistics department Saturday. That compares with a median estimate for a 34.8% gain in […]
Breadcrumb Trail Links PMN Business China’s recovery gained traction in March, showing the world’s second-largest economy is strengthening after stringent pandemic restrictions were dropped and Covid infection waves eased. Author of the article: Bloomberg News Molly Smith and Vince Golle Published Apr 01, 2023 • 3 minute read Join the conversation 8fk]oem8pg219s085bjy8e62_media_dl_1.png Bloomberg RSS Article […]
Breadcrumb Trail Links PMN Business Slowing growth and relentless inflationary pressures mean there will be a big divide between winners and losers this earnings season, according to a deputy chief investment officer at BlackRock Inc. Author of the article: Bloomberg News Sagarika Jaisinghani Published Mar 31, 2023 • 2 minute read Join the conversation nhsk9psyuh2nqlhc]vle5]0l_media_dl_1.png […]
Breadcrumb Trail Links PMN Business The machines at Steve Hardeman’s factory in the West Midlands are quiet on Fridays, when the plant is closed. Five months ago, Hardeman took the decision to open his doors for just four days a week to save on energy bills. Author of the article: Bloomberg News Sabah Meddings and […]
Article content (Bloomberg) — The rising probability of military action near a Russian-occupied nuclear plant in Ukraine is forcing international monitors to shelve a proposed security zone around the site and instead concentrate on making its reactors more resilient to attack. Article content There are signals that new fighting may break out soon near the […]