Breadcrumb Trail Links PMN Business Justin Trudeau says Canada is ready to respond with counter-tariffs against the US if President-elect Donald Trump follows through on his threat to begin a trade war in North America. Author of the article: Bloomberg News Curtis Heinzl Published Jan 12, 2025 • Last updated 1 hour ago • 3 minute […]
Breadcrumb Trail Links PMN Business Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and steadfast economy, supporting the Federal Reserve’s go-slow approach to further rate cuts. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jan 11, 2025 • […]
Article content (Bloomberg) — Enbridge Inc. is devising plans to rapidly boost capacity on its US oil pipeline system if the incoming Trump administration succeeds in kicking off a drilling boom. Article content The company sees an opportunity to move “several hundred thousand” more barrels of oil a day within the US in the next […]
Breadcrumb Trail Links PMN Business Texas refineries are bracing for an onslaught of cold, snow and freezing rain as the US South’s first major winter storm sweeps in during what’s projected to be a frigid month. Author of the article: Bloomberg News Barbara Powell and Nathan Risser Published Jan 09, 2025 • 2 minute read […]
Breadcrumb Trail Links PMN Business Japanese workers’ base salaries grew the most in 32 years, offering signs that a positive economic cycle is emerging, keeping the central bank on track for near-term additional rate hikes. Author of the article: Bloomberg News Erica Yokoyama Published Jan 08, 2025 • 2 minute read plvym993u]ty4cjqc824dw8w_media_dl_1.png Labor ministry Article […]
Breadcrumb Trail Links PMN Business Asian stocks were poised for a mixed open after Wall Street traders refrained from making big bets, with US equity markets set to close ahead of Friday’s jobs report. Author of the article: Bloomberg News Stephen Kirkland Published Jan 08, 2025 • Last updated 19 minutes ago • 5 minute read […]
Article content (Bloomberg) — More Chinese regions are cutting electricity prices to help out their embattled industries, which is likely to worsen the squeeze on profits at power suppliers. Article content The richest coastal provinces have reduced their benchmark thermal power prices by about 10% from last year, according to a briefing by UBS Group […]
Article content (Bloomberg) — Honda Motor Co. revealed two electric vehicle prototypes heralding a wave of new battery-powered models it plans to release in the years ahead, though the carmaker may dial back the pace of its EV investments if demand continues to lose steam. Article content The two models — a sedan and and […]
Breadcrumb Trail Links PMN Business The leaders of Malaysia and Singapore are set to formalize an agreement establishing a special economic zone linking their two nations’ border region, but the prospects for immediate economic benefits may hinge on implementation of a deal that has seen repeated delays since talks began in 2023. Author of the […]
Breadcrumb Trail Links PMN Business Today on the Big Take: Josh Tyrangiel unpacks his wide-ranging interview with Sam Altman about OpenAI’s future. Author of the article: Bloomberg News David Gura and Alex Tighe Published Jan 06, 2025 • 15 minute read Sam Altman Photo by SeongJoon Cho /Bloomberg Article content (Bloomberg) — Never miss an […]