Breadcrumb Trail Links PMN Business BHP Group Ltd. said first-half profit slumped 23% as China’s faltering economy dampened demand for iron ore, prompting the miner to cut its interim dividend to an eight-year low. Author of the article: Bloomberg News Paul-Alain Hunt Published Feb 17, 2025 • 3 minute read The BHP Group Ltd. logo […]
Article content (Bloomberg) — Federal Reserve Governor Christopher Waller said recent economic data support keeping interest rates on hold, but if inflation behaves as it did in 2024, policymakers can get back to cutting “at some point this year.” Article content “If this wintertime lull in progress is temporary, as it was last year, then […]
Article content (Bloomberg) — Diamondback Energy Inc. is closing in on a deal to acquire closely held West Texas oil producer Double Eagle in a bid to further its dominance in the world’s biggest shale patch, according to people familiar with the matter. Article content Diamondback, the largest independent oil and gas producer in the […]
Breadcrumb Trail Links PMN Business Canadian Conservative Leader Pierre Poilievre pledged to build an “east-west economy” with oil and gas pipelines stretching from Alberta to the Maritime provinces as part of a sweeping plan to respond to US tariff threats. Author of the article: Bloomberg News Randy Thanthong-Knight and Jacob Lorinc Published Feb 15, 2025 […]
Breadcrumb Trail Links PMN Business UK inflation probably hit its highest level in 10 months in January, continuing a resurgence in price pressures that has made the Bank of England wary over rushing into interest-rate cuts. Author of the article: Bloomberg News Tom Rees and Craig Stirling Published Feb 15, 2025 • 7 minute read […]
Breadcrumb Trail Links PMN Business The Energy Department is seeking to bring back nuclear energy specialists after abruptly telling hundreds of workers that their jobs were eliminated, according to two people familiar with the matter. Author of the article: Bloomberg News Ari Natter Published Feb 14, 2025 • 4 minute read Department of Energy headquarters […]
Article content (Bloomberg) — Duke Energy Corp., one of the biggest US power providers, removed a mention of climate targets in its latest earnings release as the company builds more natural gas plants and reconsiders its coal plans. Article content Duke said in its third-quarter earnings release last year that it was “executing an ambitious […]
Article content (Bloomberg) — Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank must gain more insight on proposed policy changes on issues like trade and immigration before adjusting interest rates. Article content “My view is until we have more clarity, it’s going to be impossible to make a judgment about where […]
Article content (Bloomberg) — The US should stop the closure of coal-fired power plants, Energy Secretary Chris Wright said, adding the fuel source would be essential to the nation’s power system for decades to come. Article content “We are on a path to continually shrink the electricity we generate from coal,” Wright said Tuesday on […]
Breadcrumb Trail Links PMN Business The new rates will go into effect on March 4, a U.S. official said Author of the article: Bloomberg News Jennifer A. Dlouhy, Jenny Leonard and Josh Wingrove Published Feb 10, 2025 • Last updated 0 minutes ago • 5 minute read a5sm23bk6n}{2anvcmb8sv(k_media_dl_1.png UNCTAD TRAINS, Office of the Uni Article content […]