Category: energy

Jan 28

Oil Holds Decline as Market Fixates on Trump’s Tariff Threats

Article content (Bloomberg) — Oil steadied — after sinking by nearly 2% on Monday — as US President Donald Trump threatened to introduce a wide-ranging set of tariffs on imports, including potentially on some key industrial commodities. Article content Brent crude traded near $77 a barrel, while West Texas Intermediate was above $73. Trump said […]
Jan 28

London Rents Rise at Slowest Pace Since 2021, Rightmove Says

Breadcrumb Trail Links PMN Business London rent inflation cooled to the weakest in three years, bringing some relief to the UK capital’s hard-pressed tenants, according to Rightmove. Author of the article: Bloomberg News Irina Anghel Published Jan 27, 2025  •  2 minute read i98a{tw8)z[7epsfieu)7bms_media_dl_1.png Rightmove Article content (Bloomberg) — London rent inflation cooled to the […]
Jan 27

Australia PM’s Party Slips Behind Opposition as Election Nears

Article content (Bloomberg) — Australia Prime Minister Anthony Albanese’s Labor Party is trailing the opposition coalition despite a summer campaign blitz, according to the latest opinion poll ahead of an election that must be held by mid-May. Article content A Newspoll survey released by The Australian newspaper on Sunday showed that voter support for the […]
Jan 27

JPMorgan, PineBridge Stay Bullish on Asia’s Wobbling Junk Bonds

Breadcrumb Trail Links PMN Business PineBridge Investments and JPMorgan Asset Management are sticking with bullish bets for Asian junk-rated bonds given elevated yields and a supportive economic outlook, looking beyond stresses in the Chinese property sector. Author of the article: Bloomberg News Finbarr Flynn Published Jan 26, 2025  •  2 minute read e[uyldu337[mcgcaqooukxwp_media_dl_1.png Bloomberg Article […]
Jan 26

China’s Surging Power Demand Creates a Climate Conundrum

Breadcrumb Trail Links PMN Business China’s electricity demand is becoming a key focal point in the global fight against climate change. Author of the article: Bloomberg News Bloomberg News Published Jan 25, 2025  •  4 minute read dx}qb]qphz]z3hbtenk4sj58_media_dl_1.png International Energy Agency Article content (Bloomberg) — China’s electricity demand is becoming a key focal point in […]
Jan 25

CIA Shifts View on Covid-19 Cause With Lab Leak as ‘More Likely’

Breadcrumb Trail Links PMN Business The Central Intelligence Agency said the Covid-19 pandemic “more likely” originated from a lab leak than a natural source, shifting its stance after previously saying both scenarios were possible. Author of the article: Bloomberg News Natalia Drozdiak Published Jan 25, 2025  •  2 minute read Article content (Bloomberg) — The […]
Jan 25

US Economy on Solid Footing Set to Back Fed’s Interest-Rate Hold

Breadcrumb Trail Links PMN Business The US economy remained at a comfortable cruising speed in the final stretch of 2024, powered by healthy consumer spending and creating even more separation from its global counterparts. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jan 25, 2025  •  6 minute read 7}jn1memu8xl74[ub{3t8kjj_media_dl_1.png Bloomberg […]