Breadcrumb Trail Links PMN Business The stock market’s growth engine is running on fumes. Author of the article: Bloomberg News Jeran Wittenstein Published Dec 07, 2024 • 5 minute read e(n)786hdv70v9o6grqhgs8x_media_dl_1.png Bloomberg Article content (Bloomberg) — The stock market’s growth engine is running on fumes. Article content Article content For years, investors have counted on […]
Article content (Bloomberg) — Chevron Corp. and Shell Plc are in talks to join Argentina’s signature project to ramp up crude exports from its booming shale patch, according to people familiar the matter. Article content Chevron and Shell, which both have assets in the Vaca Muerta formation, are negotiating with a consortium of drillers spearheaded […]
Article content (Bloomberg) — Libya’s oil production has risen to the highest daily level in more than a decade, just months after a political crisis slashed the country’s output. Article content Crude and condensate production hit 1.422 million barrels on Thursday, the National Oil Corp. said in a post on X. That exceeds the state […]
Article content (Bloomberg) — Economic activity increased slightly in November after little change in preceding months, and US businesses grew more upbeat about demand prospects, the Federal Reserve said in its latest Beige Book survey. Article content “Though growth in economic activity was generally small, expectations for growth rose moderately across most geographies and sectors,” […]
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 […]