Category: Canada

Oct 29

The World’s Iron Ore Powerhouse Is Preparing to Reinvent Itself

Breadcrumb Trail Links PMN Business The Pilbara region has propelled Australia’s economy for decades. Now it needs to contend with the end of China’s infrastructure boom — and a greener future Author of the article: Bloomberg News David Stringer Published Oct 28, 2023  •  6 minute read Join the conversation 4(r1s78(fyxojht2tn2)}fz{_media_dl_1.png Source: Rio Tinto Article content […]
Oct 21

Fresh Growth Numbers Are Set to Show US Remains Economic Powerhouse

Breadcrumb Trail Links PMN Business The world’s largest economy probably expanded at the quickest pace in nearly two years during the third quarter on the back of a steadfast US consumer, a challenge for Federal Reserve officials who are debating whether additional policy tightening is needed. Author of the article: Bloomberg News Vince Golle and […]
Oct 19

As Sanctions Lift on Venezuelan Oil, China’s Refiners Will Face Stiffer Competition

Article content (Bloomberg) — The rollback of American sanctions on Venezuelan oil could rob Chinese buyers of one of their cheapest sources of crude. Venezuela’s Merey crude is currently being delivered to China at a discount of as much as $20 a barrel compared to Brent, according to traders. That’s cheaper than sanctioned Iranian oil, […]
Oct 15

New Zealand Elects Center-Right Government for Post-Pandemic Era

Breadcrumb Trail Links PMN Business New Zealanders have chosen a center-right government to manage mounting economic challenges in the aftermath of the pandemic, rejecting the left-leaning administration of Prime Minister Chris Hipkins. Author of the article: Bloomberg News Matthew Brockett Published Oct 14, 2023  •  4 minute read Join the conversation Christopher Luxon on Oct. […]
Oct 14

China’s Economy Is in Search of More Stable Footing

Breadcrumb Trail Links PMN Business China’s economy isn’t yet on secure footing, as recent green shoots have been offset by lingering fears about the property crisis and a stubborn inability to revive confidence. Author of the article: Bloomberg News Bloomberg News Published Oct 14, 2023  •  7 minute read Join the conversation qovqw20no0vcee]r5kkpls4{_media_dl_1.png Sources: Brazil […]
Oct 14

Private Credit’s Secrecy Causes Watchdogs to Fret: Credit Weekly

Breadcrumb Trail Links PMN Business Risky private credit lending is vulnerable to higher interest rates and debt crunches, according to watchdogs across the globe that are seeking more transparency from the industry. Author of the article: Bloomberg News Katharine Hidalgo Published Oct 14, 2023  •  5 minute read Join the conversation sl2d80qljj29rmacg3ga3)g(_media_dl_1.png Source: Preqin Article […]