Article content (Bloomberg) — Ghana’s creditors have agreed to an early repayment of all outstanding energy bonds, following a meeting this week. Article content The bondholders present at a Nov. 26 special meeting “unanimously proposed and resolved to authorize the modification of the final maturity or redemption date and interest payment dates of all the […]
Breadcrumb Trail Links PMN Business China released three Americans as part of a prisoner swap between the Biden administration and the Chinese government, according to people familiar with the matter, a rare moment of cooperation between the adversaries. Author of the article: Bloomberg News Courtney McBride Published Nov 27, 2024 • 3 minute read Article […]
Article content (Bloomberg) — Venezuelans are bracing for severe cooking-gas shortages after a blast knocked out a plant serving almost half the country. Propane production has plunged 97% since the Nov. 11 explosion at the Muscar gas complex in Monagas state, according to data seen by Bloomberg. Repairs are expected to take four months, imperiling […]
Breadcrumb Trail Links PMN Business Donald Trump’s return to the White House is forcing one of Wall Street’s more jargon-filled corners to rethink its talking points. Author of the article: Bloomberg News Frances Schwartzkopff Published Nov 24, 2024 • 3 minute read The Environmental Protection Agency headquarters in Washington, DC. Photographer: Stefani Reynolds/Bloomberg Photo by […]
Article content (Bloomberg) — A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still conducting due diligence on the project, following bribery allegations against the conglomerate’s billionaire founder and other top executives. The US International Development Finance Corp. hasn’t reached a final […]
Article content (Bloomberg) — Egypt, which recently diverted a number of incoming liquefied natural gas shipments, is reviewing its energy import needs amid a fall in domestic power demand and a drive to trim spending. The North African nation’s decision to not receive the cargoes came amid efforts in “updating production and consumption models according […]
Article content (Bloomberg) — COP29 appeared set for a last-ditch deal as key negotiators agreed to a broad blueprint on climate finance, pulling the United Nations talks in Azerbaijan back from the brink of collapse. After a chaotic day, when officials often appeared despairing of making progress, delegates appear ready to coalesce around a deal […]
Breadcrumb Trail Links PMN Business Investors have a challenge in betting on the usual stock market rally that tends to arrive after a presidential election: With the S&P 500 Index on track for one of its best ever starts to a year, history can’t be a guide this time. Author of the article: Bloomberg News […]
Article content (Bloomberg) — Brazilian ethanol producers including Raizen SA and Cosan SA rallied after Petrobras announced that it was in talks with “large” producers of the biofuel to create a joint venture. Raizen rose as much as 5.8% while Cosan rose as much as 7.4%, the biggest intraday gains in months. Petroleo Brasileiro […]
Breadcrumb Trail Links PMN Business Architects and developers are reaching beyond net zero, designing structures they hope do more good for the environment than bad. But determining whether that’s true is far from easy. Author of the article: Bloomberg News Olivia Rudgard Published Nov 19, 2024 • 7 minute read Article content (Bloomberg) — The three […]