Breadcrumb Trail Links PMN Business When officials from 11 countries across Asia-Pacific and the Americas sat down in Detroit on Friday to discuss deepening and expanding their trade bloc, one country was conspicuously absent: the United States. Author of the article: Bloomberg News Eric Martin Published May 26, 2023 • 3 minute read Join the […]
Breadcrumb Trail Links PMN Business Billionaire Carlos Slim is making one of his biggest oil investments after agreeing to purchase a minority stake in a local producer that allows his Grupo Carso SAB to enter the Zama field, one of Mexico’s most promising energy projects. Author of the article: Bloomberg News Amy Stillman and Daniel […]
Breadcrumb Trail Links PMN Business If it’s always the economy, Alberta Premier Danielle Smith and her United Conservative Party should be cruising toward reelection on Monday. Author of the article: Bloomberg News Kevin Orland Published May 25, 2023 • 4 minute read Join the conversation 3qv93w4ot]ye78pb4uu)i0]]_media_dl_1.png Source: Bloomberg Article content (Bloomberg) — If it’s always […]
Breadcrumb Trail Links PMN Business OPEC watchers expect the group and its allies to refrain from further production cuts next week, even after Saudi Arabia delivered a warning to short sellers. Author of the article: Bloomberg News Grant Smith and Sharon Cho Published May 24, 2023 • 3 minute read Join the conversation An OPEC […]
Breadcrumb Trail Links PMN Business Bank of England Governor Andrew Bailey warned that inflation in the UK is sticky and taking longer to come down after shock data that fueled bets on higher interest rates. Author of the article: Bloomberg News Lucy White and Tom Rees Published May 24, 2023 • 2 minute read Join […]
Article content (Bloomberg) — Tanzania has wrapped up negotiations with an international energy consortium for a long-delayed $40 billion liquefied natural gas export project, paving the way for final agreements to be signed in the coming weeks. Article content The consortium, led by Equinor, Shell and Exxon Mobil, wants to develop an onshore LNG plant […]
Breadcrumb Trail Links PMN Business Money managers that trade derivatives linked to oil and fuel prices are about as bearish as they’ve been in more than a decade, suggesting they’re braced for a recession that could cause contracts from crude to jet fuel to take another tumble. Author of the article: Bloomberg News Devika Krishna […]
Article content (Bloomberg) — EON SE is exploring a sale of a UK unit supplying energy to large businesses, people with knowledge of the matter said, becoming the latest power company to seek an exit from a sector generating slim returns. Article content The German group is working with advisers to gauge buyer interest in […]
Article content (Bloomberg) — Partners Group Holding AG is looking at resurrecting the sale of its public sector software firm Civica in the second half of the year, after scrapping previous plans to cash out at least twice before. The Swiss investment firm has hired boutique firm Arma Partners to gauge interest in the UK […]
Breadcrumb Trail Links PMN Business High global borrowing costs are postponing construction of the $3 billion mill at the center of a massive wood-pulp project in Paraguay. Author of the article: Bloomberg News Ken Parks Published May 13, 2023 • 2 minute read Join the conversation Article content (Bloomberg) — High global borrowing costs are […]