Category: energy

Dec 21

Iceland’s Social Democrats Reach Deal for New Government

Breadcrumb Trail Links PMN Business Iceland’s new ruling coalition agreed on a platform of budget restraint to fight inflation and a referendum on continuing European Union entry talks. Author of the article: Bloomberg News Ragnhildur Sigurdardottir Published Dec 21, 2024  •  Last updated 7 hours ago  •  2 minute read Article content (Bloomberg) — Iceland’s new […]
Dec 21

Tiny But Vital Metal Markets Rush to Adjust to Chinese Clampdown

Breadcrumb Trail Links PMN Business Chinese curbs on exports of three niche metals to the US have already rattled the market. Now, a bigger clampdown looks set to have far-reaching ramifications for supply chains feeding American defense and chip-making industries. Author of the article: Bloomberg News Bloomberg News Published Dec 21, 2024  •  8 minute […]
Dec 18

Kretinsky’s EPH to Buy Enel’s Stake in Main Slovak Power Utility

Article content (Bloomberg) — Czech billionaire Daniel Kretinsky’s industrial holding agreed to buy Enel’s stake in Slovenske Elektrarne, Slovakia’s main energy utility that also owns nuclear power plants. Article content Kretinsky’s Energeticky a Prumyslovy Holding AS will acquire the remaining 50% stake in Slovak Power Holding BV from Enel Produzione SpA, exercising an early call […]
Dec 17

Luigi Mangione Indicted for First-Degree Murder in CEO Death

Breadcrumb Trail Links PMN Business Luigi Mangione was formally indicted in New York on first-degree murder charges for the fatal shooting of UnitedHealth Group Inc. executive Brian Thompson outside a midtown Manhattan hotel. Author of the article: Bloomberg News David Voreacos and Patricia Hurtado Published Dec 17, 2024  •  Last updated 10 minutes ago  •  3 […]
Dec 15

Rebels Vow to Ramp Up Fight Against Morocco Over Western Sahara

Article content (Bloomberg) — The group fighting for Western Sahara’s independence warned it may ramp up military attacks as Morocco looks to consolidate control of the disputed territory after securing US and French backing. Article content Those landmark recognitions of Moroccan rule — kickstarted by Donald Trump’s previous administration — are encouraging Rabat to accelerate […]
Dec 14

The 24 Hours of Rate Cuts That End Year of Global Central-Bank Easing

Breadcrumb Trail Links PMN Business A year when inflation subsided enough for monetary policy easing to start in most advanced economies is about to conclude with a 24-hour flurry of decisions led by the Federal Reserve. Author of the article: Bloomberg News Craig Stirling Published Dec 14, 2024  •  7 minute read v2)ck0es6[hmil8cu}04w8j1_media_dl_1.png Central banks, […]
Dec 12

Data Center DigiCo REIT to Debut After Australia’s Biggest IPO Since 2018

Article content (Bloomberg) — Shares of data center operator DigiCo Infrastructure REIT are set to start trading in Sydney on Friday after a A$2 billion ($1.3 billion) initial public offering that was Australia’s biggest in more than six years. Article content The deal — Australia’s largest since oil refiner Viva Energy Group Ltd.’s listing in […]