Category: energy

Apr 8

Ukraine Latest: Russia Says It Downed Missile Over South Crimea

Breadcrumb Trail Links PMN Business Russia has formally charged detained Wall Street Journal correspondent Evan Gershkovich with espionage, an accusation the White House and the newspaper denied again on Saturday. Author of the article: Bloomberg News Bloomberg News Published Apr 08, 2023  •  Last updated 56 minutes ago  •  6 minute read Join the conversation c)a35ziugb]ynu6rke2x1k77_media_dl_1.png […]
Apr 7

Texas leaders threaten wind and solar boom with legislative push

Breadcrumb Trail Links Renewables Financial Times Energy Commodities Bills that hobble renewables would slow decarbonisation in power-hungry state Author of the article: Financial Times Justin Jacobs in Houston Published Apr 07, 2023  •  Last updated 1 hour ago  •  4 minute read Join the conversation Solar panels at the Impact solar facility in Deport, Texas. Photo […]
Apr 6

US Profits Set for Pandemic-Sized Drop, Goldman Strategists Say

Article content (Bloomberg) — The approaching US earnings season is expected to be the gloomiest since the pandemic, according to Goldman Sachs Group Inc. strategists. Article content Analyst consensus expectations are for S&P 500 earnings-per-share to fall 7% in the first quarter from a year earlier, marking the sharpest decline since the third quarter of […]
Apr 4

Jamie Dimon Jabs Fed Over US Bank Crisis ‘Hiding in Plain Sight’

Breadcrumb Trail Links PMN Business Silicon Valley Bank’s blunders were encouraged by US regulation, went untested by the Federal Reserve and were “hiding in plain sight” until Wall Street and depositors grew alarmed. Author of the article: Bloomberg News Hannah Levitt Published Apr 04, 2023  •  3 minute read Join the conversation Jamie Dimon Photo […]
Apr 2

Iraq, Kurds Agree to Resume Oil Exports Via Turkey This Week

Article content (Bloomberg) — Iraq’s semi-autonomous Kurdistan region said it has reached an agreement with the federal government to resume oil exports through Turkey this week, after a legal spat pushed up crude prices.  Article content “Following several meetings between the Kurdistan Regional Government & Federal Government, an initial agreement has been reached to resume […]
Apr 2

OPEC+ to Hold Its Ground Amid Oil Tumult Caused by Bank Crisis

Breadcrumb Trail Links PMN Business OPEC+ is still finding that the best response to growing oil market uncertainty is to hold its ground. Author of the article: Bloomberg News Grant Smith Published Apr 02, 2023  •  Last updated 1 hour ago  •  3 minute read Join the conversation 9e}nwdvjp[einyw7m{2w6dr6_media_dl_1.png Source: Bloomberg Article content (Bloomberg) — OPEC+ […]
Apr 1

Charting the Global Economy: Recovery in China Gathers Pace

Breadcrumb Trail Links PMN Business China’s recovery gained traction in March, showing the world’s second-largest economy is strengthening after stringent pandemic restrictions were dropped and Covid infection waves eased. Author of the article: Bloomberg News Molly Smith and Vince Golle Published Apr 01, 2023  •  3 minute read Join the conversation 8fk]oem8pg219s085bjy8e62_media_dl_1.png Bloomberg RSS Article […]
Mar 31

BlackRock’s Jewell Sees Big Earnings Dispersion in Inflation Era

Breadcrumb Trail Links PMN Business Slowing growth and relentless inflationary pressures mean there will be a big divide between winners and losers this earnings season, according to a deputy chief investment officer at BlackRock Inc. Author of the article: Bloomberg News Sagarika Jaisinghani Published Mar 31, 2023  •  2 minute read Join the conversation nhsk9psyuh2nqlhc]vle5]0l_media_dl_1.png […]