Article content (Bloomberg) — GE Vernova Inc. has signed multiple contracts to sell natural gas turbines for data centers that will use enough power to light up major cities, the company’s top executive said. Article content Big technology companies are reserving turbines — the engines at the heart of gas-fired power plants — for their […]
Breadcrumb Trail Links PMN Business New research shows that the path for women to become CEO remains “unbelievably narrow” across British corporations. Author of the article: Bloomberg News Katherine Griffiths Published Dec 08, 2024 • 3 minute read 4b9pf561913mj[a6{zcor3ip_media_dl_1.png Bloomberg Intelligence Article content (Bloomberg) — Women are increasingly being hired for the roles at companies […]
Breadcrumb Trail Links PMN Business The school is out of commission — hit by heavy shrapnel in July. Some homes are boarded up from direct hits. The avocado orchards have lost many hectares from fires sparked by missiles. Author of the article: Bloomberg News Ethan Bronner Published Dec 07, 2024 • 4 minute read Magen […]
Breadcrumb Trail Links PMN Business The stock market’s growth engine is running on fumes. Author of the article: Bloomberg News Jeran Wittenstein Published Dec 07, 2024 • 5 minute read e(n)786hdv70v9o6grqhgs8x_media_dl_1.png Bloomberg Article content (Bloomberg) — The stock market’s growth engine is running on fumes. Article content Article content For years, investors have counted on […]
Article content (Bloomberg) — Chevron Corp. and Shell Plc are in talks to join Argentina’s signature project to ramp up crude exports from its booming shale patch, according to people familiar the matter. Article content Chevron and Shell, which both have assets in the Vaca Muerta formation, are negotiating with a consortium of drillers spearheaded […]
Article content (Bloomberg) — Libya’s oil production has risen to the highest daily level in more than a decade, just months after a political crisis slashed the country’s output. Article content Crude and condensate production hit 1.422 million barrels on Thursday, the National Oil Corp. said in a post on X. That exceeds the state […]
Article content (Bloomberg) — Economic activity increased slightly in November after little change in preceding months, and US businesses grew more upbeat about demand prospects, the Federal Reserve said in its latest Beige Book survey. Article content “Though growth in economic activity was generally small, expectations for growth rose moderately across most geographies and sectors,” […]
Article content (Bloomberg) — Federal Reserve Governor Christopher Waller said he’s inclined to vote for another reduction in interest rates when officials meet later this month, though data due before then could make the case for holding them steady. Article content “At present I lean toward supporting a cut to the policy rate at our […]
Breadcrumb Trail Links PMN Business When Peabody Energy Corp. agreed to buy the coal assets of Anglo American Plc, only one European lender joined the US investment bankers and private credit specialists financing the deal: Deutsche Bank AG. Author of the article: Bloomberg News Natasha White Published Dec 02, 2024 • 4 minute read q98(wk50two8ij7{[toq}w}p_media_dl_1.png […]
Breadcrumb Trail Links PMN Business Some of the biggest companies in France now have lower borrowing costs than the sovereign as credit traders fret about fiscal plans that risk toppling the government. Author of the article: Bloomberg News Tasos Vossos Published Nov 30, 2024 • 4 minute read hrgvidm5u9}zp2d(og9t]]57_media_dl_1.png Bloomberg Article content (Bloomberg) — Some […]