Breadcrumb Trail Links PMN Business The first data center complex for OpenAI’s $100 billion Stargate infrastructure venture will have space for as many as 400,000 of Nvidia Corp.’s powerful AI chips — an amount that, if filled, would make it one of the largest known clusters of artificial intelligence computing power. Author of the article: […]
Article content (Bloomberg) — European stocks gained as resources sectors received a boost after China said it would take steps to revive consumption. Article content The Stoxx Europe 600 Index rose 0.8% at the close in London. Oil rose for a second day, lifting the energy sector, after China said it is planning to boost people’s incomes […]
Breadcrumb Trail Links PMN Business President Donald Trump’s top trade negotiator is attempting to inject order into sweeping new tariffs expected next month, after previous announcements roiled markets and fueled business uncertainty. Author of the article: Bloomberg News Jenny Leonard, Nancy Cook and Josh Wingrove Published Mar 17, 2025 • 5 minute read A container […]
Article content (Bloomberg) — Treasury Secretary Scott Bessent, a former hedge fund manager, said he’s not worried about the recent downturn that’s wiped trillions of dollars from the equities market as the US seeks to reshape its economic policies. Article content “I’ve been in the investment business for 35 years, and I can tell you […]
Breadcrumb Trail Links PMN Business Oil executives gathering in Houston this week learned the hard way that US President Donald Trump’s pro-fossil fuel agenda comes with a catch: lower prices. Author of the article: Bloomberg News Kevin Crowley and David Wethe Published Mar 14, 2025 • 4 minute read Wael Sawan Photographer: F. Carter Smith/Bloomberg […]
Breadcrumb Trail Links PMN Business A San Francisco federal judge ordered the Trump administration to rehire thousands of the government’s newest employees who were terminated in early February. Author of the article: Bloomberg News Courtney Rozen and Isaiah Poritz Published Mar 13, 2025 • 2 minute read WASHINGTON, DC – JANUARY 07: Commuters brave the […]
Breadcrumb Trail Links PMN Business Russian and European officials say the US is exploring ways to work with energy giant Gazprom PJSC on global projects, a step toward forging closer ties with the Kremlin while trying to broker a peace deal on Ukraine. Author of the article: Bloomberg News Bloomberg News Published Mar 13, 2025 […]
Breadcrumb Trail Links PMN Business US stocks resumed a three-week selloff Thursday, with the S&P 500 again falling 10% from its all-time high on renewed worries that tariffs will destabilize the American economy. Author of the article: Bloomberg News Natalia Kniazhevich Published Mar 13, 2025 • 3 minute read Traders work on the floor of […]
Breadcrumb Trail Links Energy Industry leaders now fear the worst: that Trump’s tariffs are designed to destabilize the Canadian economy and deter investment here Get the latest from Gabriel Friedman straight to your inbox Sign Up Published Mar 10, 2025 • 4 minute read Donald Trump is threatening to enact 25 per cent tariffs on […]
Article content (Bloomberg) — Israel halted its already limited supply of electricity to the Gaza Strip, a move the government called a response to the Hamas hostage crisis and which a liaison officer said would suspend production by a desalination plant in the war-wracked enclave. Article content A six-week Gaza truce, involving limited swaps of […]