Breadcrumb Trail Links PMN Business A manic rally for Oklo Inc., a developer of advanced nuclear systems backed by Sam Altman, has delivered a massive paper windfall to its founders and early investors since going public earlier this year. Peter Thiel’s venture capital firm is among those able to start cashing in soon. Author of […]
Article content (Bloomberg) — OPEC+ agreed to push back its December production increase by one month, the second delay to its plans to revive supply as prices continue to struggle amid a fragile economic outlook. The group led by Saudi Arabia and Russia had intended to begin a series of monthly production increases by adding […]
Breadcrumb Trail Links PMN Business The US election on Tuesday will have far-reaching economic consequences, ranging from how Americans are taxed to how the country trades with the rest of the globe. Author of the article: Bloomberg News Enda Curran Published Nov 03, 2024 • 4 minute read Donald Trump during a campaign event in […]
Breadcrumb Trail Links PMN Business Activists would push a new Republican administration to boost coal-fired power, block EPA science and challenge models of global warming. Author of the article: Bloomberg News Ari Natter Published Nov 02, 2024 • 4 minute read Homes in front of the John E. Amos coal-fired power plant in Poca, West Virginia, U.S., on Friday, […]
Breadcrumb Trail Links PMN Business Both Donald Trump and Kamala Harris’s teams are quietly preparing their governments-in-waiting, even as the two nominees remain focused on actually winning the presidency in the final days of an incredibly close election on Tuesday. Author of the article: Bloomberg News Nancy Cook Published Nov 02, 2024 • 4 minute […]
Article content (Bloomberg) — President Joe Biden will not attend a major UN climate change summit opening just days after the US election and set to shape the country’s approach to the issue for years to come. Biden’s absence at the high-level COP29 negotiations was confirmed by a person familiar with the matter who wasn’t […]
Article content (Bloomberg) — Avangrid Inc. and Invenergy LLC units secured leases to install wind turbines across some 439,000 acres in the Gulf of Maine during a US government auction Tuesday, a week before a presidential election likely to dictate the shape of their development for years to come. Together, the firms pledged $22 million […]
Breadcrumb Trail Links PMN Business In the early days of Javier Milei’s presidency, Volkswagen AG’s South America chief wasn’t too happy with him. Now he’s part of a chorus of business leaders feeling encouraged about Argentina for the first time in years. Author of the article: Bloomberg News Kevin Simauchi and Leonardo Lara Published Oct […]
Article content (Bloomberg) — Long-shot, third-party candidate Juan Dalmau has surged to a virtual tie in Puerto Rico’s governor race, propelled by his pledge to end tax breaks for wealthy newcomers to the island. Dalmau, the head of the Puerto Rican Independence Party, is now in a statistical dead heat with 29% support against 31% […]
Breadcrumb Trail Links PMN Business After sending more than 100 fighter planes to attack Iran, the Israeli government is seeking to walk a fine line: Officials there believe the attack did significant strategic damage but want to allow Iran to continue dismissing it as unworthy of response. Author of the article: Bloomberg News Galit Altstein […]