Category: energy

Jun 9

EV Charging Stocks Sink After General Motors Says It Will Use Tesla’s Charging Network

Article content (Bloomberg) — General Motors Co.’s move to adapt its electric vehicles to use Tesla Inc.’s network of Superchargers has sent shares reeling for other makers of EV charging stations.  Article content EVgo Inc. sank as much as 17% Friday, its worst day in nearly a month. ChargePoint Holdings, Inc. shed as much as […]
Jun 3

Austria’s Socialists Pick New Party Chief After Divisive Battle

Breadcrumb Trail Links PMN Business Hans Peter Doskozil emerged victorious from a tumultuous leadership race within Austria’s opposition Socialist Party, pledging to shield workers from the impact of inflation in a bid to bolster support ahead of parliamentary elections due next year. Author of the article: Bloomberg News Marton Eder Published Jun 03, 2023  •  […]
Jun 1

Mexico Is Trying to Lure the World’s Biggest Car Makers to a Strip of Land in South

Breadcrumb Trail Links PMN Business Mexico has talked to some of the world’s biggest manufacturers of cars, auto parts and steel about opportunities to invest in a narrow strip of land in southern Mexico, according to the nation’s top trade official. Author of the article: Bloomberg News Carolina Gonzalez and Crayton Harrison Published Jun 01, […]
Jun 1

GQG’s Jain Bets Adani Group Will Thrive With or Without Modi

Breadcrumb Trail Links PMN Business Veteran fund manager Rajiv Jain said his GQG Partners LLC holds about $13 billion in India stocks and plans to buy more, downplaying corporate governance and political risks associated with his headline-generating investments in billionaire Gautam Adani’s beleaguered conglomerate. Author of the article: Bloomberg News P R Sanjai Published Jun […]
May 28

McCarthy Confident of ‘Transformational’ Debt Deal’s Approval

Breadcrumb Trail Links PMN Business House Speaker Kevin McCarthy expressed confidence Sunday that Congress would pass the debt-limit deal he negotiated with President Joe Biden, calling it a “transformational” move to rein in spending that a majority of Republicans would support. Author of the article: Bloomberg News Gregory Korte and Alicia Diaz Published May 28, […]
May 25

Trump-Style Gaffes Put Canadian Oil Heartland Up for Grabs in Vote

Breadcrumb Trail Links PMN Business If it’s always the economy, Alberta Premier Danielle Smith and her United Conservative Party should be cruising toward reelection on Monday. Author of the article: Bloomberg News Kevin Orland Published May 25, 2023  •  4 minute read Join the conversation 3qv93w4ot]ye78pb4uu)i0]]_media_dl_1.png Source: Bloomberg Article content (Bloomberg) — If it’s always […]