Breadcrumb Trail Links PMN Business Bank of Russia Governor Elvira Nabiullina is helping keep Russia’s war economy on the rails but increasingly finds herself out-of-step with the government over key policies. Author of the article: Bloomberg News Bloomberg News Published Jun 07, 2024 • 8 minute read Bank of Russia Governor Elvira Nabiullina. Photo by Andrey Rudakov […]
Breadcrumb Trail Links PMN Business Investment in clean energy technologies will climb to $2 trillion this year, almost double the amount spent on fossil fuels, according to the International Energy Agency. Author of the article: Bloomberg News Grant Smith Published Jun 06, 2024 • 2 minute read Article content (Bloomberg) — Investment in clean energy […]
Breadcrumb Trail Links PMN Business President Joe Biden will take on two men he’s identified as present-day threats to democracy — Vladimir Putin and Donald Trump — as he marks one of the US’s greatest triumphs against authoritarianism. Author of the article: Bloomberg News Jordan Fabian and Michelle Jamrisko Published Jun 06, 2024 • 5 […]
Article content (Bloomberg) — One of Australia’s largest pension funds has backed arguments by the government and the nation’s big energy companies that natural gas will be needed as a bridging fuel in the transition to cleaner power. HESTA has assets of A$83 billion ($55 billion) and holds stakes of at least 0.5% in the […]
Article content (Bloomberg) — Australia commanded a premium for its first sovereign green bond, as investors were drawn by the nation’s credible framework and plan to issue more debt. The nation attracted more than three times the A$7 billion ($4.7 billion) worth of debt maturing in June 2034 at the final clearing price, the Australian […]
Article content (Bloomberg) — Oil extended losses from the lowest settlement in almost four months after OPEC+’s plan to return barrels to the market earlier than expected raised concerns about oversupply. Brent fell below $78 a barrel after the August contract tumbled 3.4% on Monday. West Texas Intermediate was under $74. The alliance is scheduled […]
Breadcrumb Trail Links PMN Business This week’s interest-rate cut is a milestone for the European Central Bank. Author of the article: Bloomberg News Mark Schroers and Alice Gledhill Published Jun 03, 2024 • 6 minute read m56b6t0bahz7k7o99q4hxbb{_media_dl_1.png Bloomberg Article content (Bloomberg) — This week’s interest-rate cut is a milestone for the European Central Bank. For […]
Article content (Bloomberg) — South Korean oil and gas shares surged in early trade on Monday after President Yoon Suk Yeol approved a plan to develop a deposit of the fossil fuels discovered off the country’s southeastern coast. State-run Korea Gas Corp. jumped as much as 30%, while Posco International Corp. gained 24% following Yoon’s […]
Breadcrumb Trail Links PMN Business Sandwiched between the world’s great global powers in a time of deepening global tensions, Greek shipowners are still finding a way to thrive. Author of the article: Bloomberg News Alex Longley and Áine Quinn Published Jun 03, 2024 • 4 minute read 8r27yxipzbd8hw[bt)t4w)i4_media_dl_1.png Clarksons Article content (Bloomberg) — Sandwiched between […]
Article content (Bloomberg) — Aramco will on Sunday kick off a share sale to raise about $12 billion for Saudi Arabia, one of the biggest deals in recent years that will test investor interest in the kingdom’s assets. Saudi Arabia is looking to attract more international shareholders after Aramco’s mega IPO five years ago turned […]