Article content (Bloomberg) — A new Gaza ceasefire deal under which Israel would recover all hostages held by Hamas is possible, even within weeks, a US negotiator said after holding rare direct talks with the Palestinian militant group. Article content A six-week truce mediated by Qatar and Egypt expired on March 2, leaving the sides […]
Breadcrumb Trail Links PMN Business The governor of the Bank of Canada was under scrutiny. For weeks, press reports had tied Mark Carney to a potential run for the country’s Liberal Party, which was looking for a new leader. Author of the article: Bloomberg News Brian Platt Published Mar 08, 2025 • 8 minute read […]
Breadcrumb Trail Links PMN Business House Republicans announced a spending bill to keep government agencies open through Sept. 30, daring Democrats to vote against it and risk a disruptive March 15 shutdown. Author of the article: Bloomberg News Erik Wasson Published Mar 08, 2025 • 3 minute read House Speaker Mike Johnson Photo by Allison […]
Article content (Bloomberg) — Germany’s conservatives and the Social Democrats agreed to deepen talks over forming a new government, a step forward as pressure builds on Chancellor-in-waiting Friedrich Merz to implement sweeping reforms. Article content At a press briefing in Berlin on Saturday, Merz said the parties have agreed to tighten border controls to reduce […]
Article content (Bloomberg) — Bank of China International Holdings Ltd., the investment banking arm of the giant Chinese state-owned lender, is pulling back from commodities after wild price moves over the past few years shook management confidence in the sector. Article content The bank has reduced the number of clients in its commodities business by […]
Article content (Bloomberg) — Ontario will impose a 25% tariff on power it sends to 1.5 million homes in Minnesota, Michigan and New York in response to fresh US levies, Premier Doug Ford announced Tuesday. Article content “If these tariffs persist, if the Trump administration follows through on any more tariffs, we will immediately apply […]
Breadcrumb Trail Links PMN Business President Donald Trump tore into Ukraine’s President Volodymyr Zelenskiy again Monday, saying “this guy doesn’t want there to be peace.” Author of the article: Bloomberg News Aliaksandr Kudrytski Published Mar 03, 2025 • 5 minute read Article content (Bloomberg) — President Donald Trump tore into Ukraine’s President Volodymyr Zelenskiy again […]
Breadcrumb Trail Links PMN Business Federal Reserve Bank of St. Louis President Alberto Musalem said that while he anticipates price growth to moderate toward the central bank’s 2% goal, it is vital for policymakers to keep inflation expectations in check. Author of the article: Bloomberg News Jonnelle Marte Published Mar 03, 2025 • 2 minute […]
Article content (Bloomberg) — Treasury Secretary Scott Bessent said he’s confident US consumer price increases will slow over the course of the year after a poll suggested Americans want President Donald Trump to focus more on bringing down inflation. Article content Bessent defended Trump’s economic plans on CBS News’ Face the Nation, saying the president […]
Article content (Bloomberg) — Allegro Microsystems Inc. is drawing takeover interest from larger competitor ON Semiconductor Corp., according to people familiar with the matter. Article content Phoenix-based ON Semi has been working with advisers in recent months to pursue Allegro, the people said, asking not to be identified because the matter is private. It’s possible […]