Category: energy

Jan 2

Asian Stocks to Drop After Dour Day on Wall Street: Markets Wrap

Breadcrumb Trail Links PMN Business Asian equities were primed to open lower Friday after US stocks fell for a fifth day, underscoring a cautious start to the year on Wall Street. Author of the article: Bloomberg News Richard Henderson Published Jan 02, 2025  •  4 minute read lb{l0y24dzkyi6srp[ochh7o_media_dl_1.png Bloomberg Article content (Bloomberg) — Asian equities […]
Jan 1

Abu Dhabi’s Mubadala Eclipses Saudi PIF With $29 Billion Deals

Article content (Bloomberg) — Abu Dhabi’s Mubadala Investment Co. was the world’s most active sovereign wealth fund last year as it ramped up deal-making across everything from private credit to artificial intelligence. Article content That came as Saudi Arabia’s Public Investment Fund, which was the most active in 2023, slowed down spending and refocused on […]
Dec 29

US Economy Surprised Again in 2024 Despite Fed, Election Drama

Breadcrumb Trail Links PMN Business Over the last few years, the US economy has consistently defied expectations for a slowdown, and 2024 was no different. Author of the article: Bloomberg News Augusta Saraiva Published Dec 29, 2024  •  3 minute read vf63xhh78o8vcs(c}csvvi}}_media_dl_1.png Federal Reserve Article content (Bloomberg) — Over the last few years, the US […]
Dec 28

Senegal’s Sonko Bypasses Parliament to Adopt 2025 Budget

Article content (Bloomberg) — Senegal’s Prime Minister Ousmane Sonko waved through next year’s budget, bypassing a parliamentary vote on the 6.4 trillion CFA-franc ($10.2 billion) package.  Article content The plan is considered adopted unless a motion of censure is submitted in the next 24 hours, according to a letter from President Bassirou Diomaye Faye read […]