Breadcrumb Trail Links PMN Business Bond investors lifted wagers that the Federal Reserve will cut interest rates by a quarter point next month as a sharp rise in claims for unemployment took precedence over a hotter-than-expected inflation print. Author of the article: Bloomberg News Liz Capo McCormick Published Oct 10, 2024 • 3 minute read […]
Article content (Bloomberg) — France’s state development bank is considering loaning South Africa about €300 Million ($329 million) in what would be its second disbursement under a climate-finance pact between the African nation and some of the world’s richest countries, people familiar with the situation said. The 20-year loan, the exact size of which is […]
Article content (Bloomberg) — Israeli Prime Minister Benjamin Netanyahu’s office said he spoke with US President Joe Biden for the first time in more than a month as Washington looks to temper Israel’s retaliation for last week’s missile attack from Iran. The two sides were expected to provide readouts of what the leaders discussed later […]
Article content (Bloomberg) — Brookfield Asset Management Ltd. sees an opportunity to ink billion-dollar deals in the renewable-power industry after valuations dropped in recent years. The asset manager said earlier this year that it raised $10 billion for a fund dedicated to investing in the energy transition as well as $2.4 billion for a similar […]
Breadcrumb Trail Links PMN Business Oil executives have emerged as an increasingly important source of funding for Donald Trump, as industry titans open their wallets to bolster the Republican nominee’s campaign for a second term in the White House. Author of the article: Bloomberg News Jennifer A. Dlouhy, Bill Allison and Mitchell Ferman Published Oct […]
Article content (Bloomberg) — The Saudi stock market is wobbling after a summer rally, with the Riyadh bourse enduring its worst fourth-quarter start in years as regional tensions soar. The Tadawul All Share Index index slipped 3.7% in the first four trading days of October, as Israel intensified its campaign against Iran-backed Hezbollah and weighed […]
Article content (Bloomberg) — Reza Dilmaghani mostly trades equities, but for the past week he’s been dipping in and out of the oil market, lured by crude’s biggest weekly rally in nearly two years. “This week has been great,” said Dilmaghani, a Phoenix-based day trader who’s been trying to capitalize on the market’s short-term direction. […]
Breadcrumb Trail Links PMN Business A slew of celebrities and politicians are set to raise cash for Vice President Kamala Harris’ campaign in the monthlong stretch before Election Day. Author of the article: Bloomberg News Hadriana Lowenkron Published Oct 04, 2024 • 2 minute read Kamala Harris during a campaign rally in Las Vegas, Nevada […]
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Breadcrumb Trail Links PMN Business The four contenders to replace former Prime Minister Rishi Sunak as Conservative leader laid out starkly different paths for bringing the decimated opposition back to power in a series of speeches to party faithful. Author of the article: Bloomberg News Alex Wickham, Lucy White and Alex Morales Published Oct 02, […]