Article content (Bloomberg) — Federal Reserve Governor Christopher Waller said he’s inclined to vote for another reduction in interest rates when officials meet later this month, though data due before then could make the case for holding them steady. Article content “At present I lean toward supporting a cut to the policy rate at our […]
Breadcrumb Trail Links PMN Business When Peabody Energy Corp. agreed to buy the coal assets of Anglo American Plc, only one European lender joined the US investment bankers and private credit specialists financing the deal: Deutsche Bank AG. Author of the article: Bloomberg News Natasha White Published Dec 02, 2024 • 4 minute read q98(wk50two8ij7{[toq}w}p_media_dl_1.png […]
Breadcrumb Trail Links PMN Business Some of the biggest companies in France now have lower borrowing costs than the sovereign as credit traders fret about fiscal plans that risk toppling the government. Author of the article: Bloomberg News Tasos Vossos Published Nov 30, 2024 • 4 minute read hrgvidm5u9}zp2d(og9t]]57_media_dl_1.png Bloomberg Article content (Bloomberg) — Some […]
Article content (Bloomberg) — Ghana’s creditors have agreed to an early repayment of all outstanding energy bonds, following a meeting this week. Article content The bondholders present at a Nov. 26 special meeting “unanimously proposed and resolved to authorize the modification of the final maturity or redemption date and interest payment dates of all the […]
Breadcrumb Trail Links PMN Business China released three Americans as part of a prisoner swap between the Biden administration and the Chinese government, according to people familiar with the matter, a rare moment of cooperation between the adversaries. Author of the article: Bloomberg News Courtney McBride Published Nov 27, 2024 • 3 minute read Article […]
Article content (Bloomberg) — Venezuelans are bracing for severe cooking-gas shortages after a blast knocked out a plant serving almost half the country. Propane production has plunged 97% since the Nov. 11 explosion at the Muscar gas complex in Monagas state, according to data seen by Bloomberg. Repairs are expected to take four months, imperiling […]
Breadcrumb Trail Links PMN Business Donald Trump’s return to the White House is forcing one of Wall Street’s more jargon-filled corners to rethink its talking points. Author of the article: Bloomberg News Frances Schwartzkopff Published Nov 24, 2024 • 3 minute read The Environmental Protection Agency headquarters in Washington, DC. Photographer: Stefani Reynolds/Bloomberg Photo by […]
Article content (Bloomberg) — A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still conducting due diligence on the project, following bribery allegations against the conglomerate’s billionaire founder and other top executives. The US International Development Finance Corp. hasn’t reached a final […]
Article content (Bloomberg) — Egypt, which recently diverted a number of incoming liquefied natural gas shipments, is reviewing its energy import needs amid a fall in domestic power demand and a drive to trim spending. The North African nation’s decision to not receive the cargoes came amid efforts in “updating production and consumption models according […]
Article content (Bloomberg) — COP29 appeared set for a last-ditch deal as key negotiators agreed to a broad blueprint on climate finance, pulling the United Nations talks in Azerbaijan back from the brink of collapse. After a chaotic day, when officials often appeared despairing of making progress, delegates appear ready to coalesce around a deal […]