Category: energy

Jul 5

Le Pen Plan for Power Market ‘Frexit’ Worries France’s Neighbors

Breadcrumb Trail Links PMN Business Marine Le Pen’s energy plans risk throwing a spanner into the workings of Europe’s electricity market. Author of the article: Bloomberg News Francois de Beaupuy and Petra Sorge Published Jul 05, 2024  •  4 minute read mgsa8fs5djbf6do0ritjxs7e_media_dl_1.png Bloomberg Article content (Bloomberg) — Marine Le Pen’s energy plans risk throwing a […]
Jul 3

World Bank Cuts Thai Growth Outlook, Backs Central Bank in Keeping Rate Steady

Article content (Bloomberg) — The World Bank said Thailand should wait for a clearer picture of the economy before easing monetary conditions, effectively backing the central bank’s interest-rate policy against the government’s calls for early easing. The Washington-based lender also trimmed on Wednesday its 2024 gross domestic product growth forecast for the country to 2.4% […]
Jun 30

French Far Right Holds Strong Lead Ahead of Vote: What to Watch

Breadcrumb Trail Links PMN Business President Emmanuel Macron’s decision three weeks ago to call snap elections overturned any semblance of political stability in France and opened the door to the possibility of the first far-right government in the modern republic. Author of the article: Bloomberg News William Horobin Published Jun 30, 2024  •  5 minute […]
Jun 29

Mauritania Leader Seeks Reelection As Nation’s Set to Become a Gas Producer

Article content (Bloomberg) — Mauritania’s incumbent president is likely to secure a second term in elections on Saturday, providing investors with an assurance of policy continuity in a European Union ally that’s on the cusp of becoming a gas producer. President Mohamed Ould Ghazouani’s chances of being reelected were boosted by the ruling Equity Party’s […]
Jun 29

A Stock Trader’s Guide to Navigating Britain’s General Election

Breadcrumb Trail Links PMN Business Homebuilders, energy companies and a 500-year-old postal firm are among the stocks most exposed to the outcome of Britain’s July 4 election as the opposition Labour Party prepares to take power. Author of the article: Bloomberg News Joe Easton Published Jun 29, 2024  •  5 minute read 9n6ninftjat2dafcqx53io9t_media_dl_1.png Morningstar Direct […]
Jun 28

UK Economy Grew Faster Than Expected as Consumers Spent More

Breadcrumb Trail Links PMN Business Britain’s economy bounced out of recession with the strongest growth in more than two years and faster than previously estimated, with services and consumer spending both driving the gains. Author of the article: Bloomberg News Irina Anghel, Philip Aldrick and Andrew Atkinson Published Jun 28, 2024  •  Last updated 0 minutes […]