Article content (Bloomberg) — Oil gained as Israel vowed to respond to an unprecedented attack by Iran, keeping tensions elevated in the Middle East. Global benchmark Brent climbed toward $91 a barrel after a modest drop on Monday, while West Texas Intermediate was near $86. Top Israeli military officials said their country had no choice […]
Breadcrumb Trail Links PMN Business Codelco is exploring more partnerships with the private sector as Chile’s state copper behemoth looks to recover from a production slump and surging debt. Author of the article: Bloomberg News James Attwood and Jack Farchy Published Apr 15, 2024 • 4 minute read omn{87toaoh8h7rstvrt5mpq_media_dl_1.png Source: Bloomberg Intelligence Article content (Bloomberg) […]
Article content (Bloomberg) — The US House of Representatives overwhelmingly passed legislation Monday aimed at countering China’s purchase of Iranian crude oil as part of a package of bills being brought to the floor in response to Iran’s attack on Israel. The legislation was approved by a 383-11 vote, surpassing the requisite number needed to […]
Breadcrumb Trail Links PMN Business The high tide for global interest rates has passed, but respite for the world economy may be limited as policymakers stay wary at the threat of inflation. Author of the article: Bloomberg News Bloomberg News Published Apr 14, 2024 • 26 minute read Shaktikanta Das Photo by Dhiraj Singh /Bloomberg […]
Article content (Bloomberg) — Oil shrugged off Iran’s unprecedented attack on Israel, with gains held in check by speculation that the conflict would remain contained. Global benchmark Brent crude initially rose just 0.7% to $91.05 a barrel, before trading flat. More than 300 missiles and drones were fired by Iran at the weekend, the first […]
Breadcrumb Trail Links PMN Business Shares in Asia slipped Monday, tracking a fall in US equities, as markets grappled with ratcheting tensions after Iran’s unprecedented attack on Israel at the weekend. Author of the article: Bloomberg News Winnie Hsu Published Apr 14, 2024 • Last updated 4 minutes ago • 3 minute read qesm35u8z2cyco3ye2jy5f{i_media_dl_1.png Bloomberg Article […]
Breadcrumb Trail Links PMN Business If the global economy is heading for a soft landing, there’s likely to be plenty of anxiety along the way. Author of the article: Bloomberg News Ramsey Al-Rikabi and Craig Stirling Published Apr 13, 2024 • 7 minute read Jerome Powell, chairman of the US Federal Reserve, from left, Kazuo […]
Breadcrumb Trail Links PMN Business Sakana AI, a Tokyo-based startup founded by former Google researchers, is capitalizing on a surge in interest among Japanese firms seeking to catch up in artificial intelligence. Author of the article: Bloomberg News Min Jeong Lee and Natsuko Katsuki Published Apr 11, 2024 • 3 minute read Article content (Bloomberg) […]
Breadcrumb Trail Links PMN Business Standard Chartered Plc says the finance industry urgently needs to update its toolbox and steer a lot more capital into protecting critical infrastructure, homes and whole cities from the fallout of global warming. Author of the article: Bloomberg News Natasha White Published Apr 10, 2024 • 3 minute read A […]
Article content (Bloomberg) — Levels of stress at German companies hit the highest level in almost four years, as Europe’s biggest economy faces a sustained period of slower growth. German corporate distress was the highest since 2020 at the start of this year, according to research published on Thursday. The study, by law firm Weil, […]