Breadcrumb Trail Links PMN Business If a recession is going to come in the next 12 months — and most economists surveyed by Bloomberg say it probably is — then President Joe Biden should hope it begins sooner rather than later. Author of the article: Bloomberg News Gregory Korte Published Jun 18, 2023 • 4 […]
Breadcrumb Trail Links PMN Business As summer approaches and climate-driven impacts ramp up, the Zero podcast discusses a slew of solutions to cut emissions and adapt to a warmer planet. Author of the article: Bloomberg News Oscar Boyd, Christine Driscoll and Akshat Rathi Published Jun 18, 2023 • 3 minute read Join the conversation A […]
Article content (Bloomberg) — Puerto Rico’s financial oversight board is amending its plan to reduce $9 billion of Electric Power Authority debt to reflect steeper-than-expected declines in energy consumption. Article content The federally appointed oversight board notified the court of its intent to alter the restructuring plan after receiving new data from Prepa, as the […]
Breadcrumb Trail Links PMN Business Clop has been tied to hacks on health-care providers and a UK water supplier Author of the article: Bloomberg News Jamie Tarabay Published Jun 17, 2023 • 4 minute read Join the conversation k0bvdwrmz6)v2cb(kmli)51k_media_dl_1.png Sources: interviews, company/org Article content (Bloomberg) — Shell Plc, IAG SA’s British Airways, the British Broadcasting […]
Breadcrumb Trail Links PMN Business European Economy Commissioner Paolo Gentiloni urged governments to set aside rigid positions on the reform of the bloc’s debt rules and seek common ground as the EU tries to reach a deal by the end of the year. Author of the article: Bloomberg News Alessandra Migliaccio and Jorge Valero Published […]
Article content (Bloomberg) — The cost of moving oil on pipelines crisscrossing the US is surging by the most ever as operators pass on higher business expenses to their customers. Article content Shippers who haven’t signed contracts will see rates jump by an all-time high of 13.3% after “red-hot inflation” last year, while the increase […]
Article content (Bloomberg) — Africa needs to monetize its trees to help slow global warming, the head of AFC Capital Partners said. Article content The continent is home to the Congo Basin tropical forest, second in size only to the Amazon, and almost a quarter of the world’s mangroves. Forests absorb carbon dioxide from the […]
Article content (Bloomberg) — The number of wildfires burning in Canada’s top energy-producing province of Alberta is on the rise again, hurting air quality across the region and threatening oil and gas production. Article content The province had 76 active wildfires, up from 71 on Friday, with 28 burning out of control, according to provincial […]
Article content (Bloomberg) — Saudi Arabia and its OPEC+ allies are trying to combat “uncertainties and sentiment” in the oil market as the group looks to tackle short sellers, its energy minister said Sunday. “I think the physical market is telling us something, and the futures market is telling us something else,” Prince Abdulaziz bin […]
Article content (Bloomberg) — General Motors Co.’s move to adapt its electric vehicles to use Tesla Inc.’s network of Superchargers has sent shares reeling for other makers of EV charging stations. Article content EVgo Inc. sank as much as 17% Friday, its worst day in nearly a month. ChargePoint Holdings, Inc. shed as much as […]