Article content (Bloomberg) — Oil prices are set to rise well above the current consensus view of $70 to $90 a barrel if the US Federal Reserve cuts interest rates in coming months, according to Carlyle Group LP’s Jeff Currie. “I want to be long oil and the rest of the commodity complex in this […]
Breadcrumb Trail Links PMN Business The Fed chief has been reluctant to make a call on how the US economy has changed since the pandemic. Author of the article: Bloomberg News Craig Torres Published Mar 17, 2024 • 5 minute read Join the conversation 7t85g5o)zj75ve698mpi4[c(_media_dl_1.png Source: Federal Reserve Article content (Bloomberg) — For Rick Plympton, […]
Breadcrumb Trail Links PMN Business Japan’s chief executives are preparing their businesses for the first rate hike since 2007, with the central bank widely expected to end its negative interest rate policy within weeks, or even days. Author of the article: Bloomberg News Reed Stevenson, Haslinda Amin and Grace Huang Published Mar 17, 2024 • […]
Article content (Bloomberg) — Australia’s carbon emissions aren’t dropping fast enough to reach its 2030 climate target, Oxford Economics said, as the rollout of renewable energy takes longer than initially anticipated. Australia is set to miss the goal by a couple of years, Oxford said Monday in an analysis contained in its bi-annual economic outlook. […]
Breadcrumb Trail Links PMN Business Vladimir Putin secured another six years as Russia’s president to step up his war in Ukraine and challenge the West, with the Kremlin claiming record public support for him in a vote whose outcome was pre-determined. Author of the article: Bloomberg News Bloomberg News Published Mar 17, 2024 • Last […]
Article content (Bloomberg) — Massive wildfires raging across Texas released a combined 920,000 metric tons of carbon dioxide in January and February, the second-largest release on record for that period. In January, Texas fires pumped out 120,000 tons of carbon emissions, according to Copernicus Atmosphere Monitoring Service data shared with Bloomberg Green. February saw even more fire […]
Breadcrumb Trail Links Oil & Gas Energy Commodities Institutes two temporary measures around practice of ‘economic withholding’ Author of the article: The Canadian Press Amanda Stephenson Published Mar 11, 2024 • Last updated 9 minutes ago • 3 minute read Join the conversation Alberta Utilities Minister Nathan Neudorf. Photo by David Bloom/Postmedia files Article content EDMONTON […]
Breadcrumb Trail Links PMN Business The Philippines is counting on the US and its allies to play a crucial role in its plans to explore energy resources in the disputed South China Sea, according to Manila’s envoy to Washington. Author of the article: Bloomberg News Andreo Calonzo and Manolo Serapio Jr. Published Mar 10, 2024 […]
Breadcrumb Trail Links PMN Business A small Japanese plastic recycling company is gearing up to go public in the US through a SPAC merger this month, even as many IPO hopefuls are delaying or scrapping such plans. Author of the article: Bloomberg News Min Jeong Lee and Bailey Lipschultz Published Mar 10, 2024 • 3 […]
Breadcrumb Trail Links PMN Business Something for the weekend. Author of the article: Bloomberg News Virginia Van Natta Published Mar 09, 2024 • 2 minute read Join the conversation An advertisement in Hong Kong from June 2022. Photographer: Paul Yeung/Bloomberg Photo by Paul Yeung /Bloomberg Article content (Bloomberg) — Hello and hope you enjoyed a […]