Breadcrumb Trail Links PMN Business The last time Donald Trump was US president it spelled disaster for Iran — he walked away from a landmark nuclear deal, derailed the country’s economy with sanctions and killed its most revered general. Author of the article: Bloomberg News Golnar Motevalli Published Nov 15, 2024 • 4 minute read […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Bruce Schreiner Published Nov 15, 2024 • 2 minute read Article content FRANKFORT, Ky. (AP) — A battery manufacturer has selected Kentucky for a nearly $712 million project to produce industrial-sized batteries used to store and distribute energy, a process seen as […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Joe Reedy Published Nov 14, 2024 • 2 minute read Article content Diamond Sports Group, the largest owner of regional sports networks, can emerge out of bankruptcy after having its reorganization plan approved Thursday. Judge Christopher Lopez gave the go ahead during […]
Article content (Bloomberg) — The entire US Northeast faces an elevated threat of electricity shortages this winter during extreme cold weather, in part due to limited capacity on natural gas pipelines that supply power plants. All US regions have sufficient electricity supplies to meet their needs in normal weather conditions, the North American Electric Reliability […]
Article content (Bloomberg) — Federal Reserve Bank of Kansas City President Jeff Schmid on Wednesday sounded a note of caution about how much more the US central bank will need to lower interest rates. “While now is the time to begin dialing back the restrictiveness of monetary policy, it remains to be seen how much […]
Article content (Bloomberg) — European stocks were little changed by the close, recouping the day’s decline as investors weighed the outlook for inflation and US interest rates. The Stoxx Europe 600 Index was little changed by the close, as data showed US inflation matched estimates last month. Traders increased wagers on a December rate cut […]
Article content ROME (AP) — The city of Florence took new measures Tuesday to crack down on overtourism, just as the Italian government hosts the Group of Seven tourism ministers in the Renaissance city and seeks to significantly boost the country’s place as a top visitor destination. Mayor Sara Funaro’s Cabinet approved a 10-point plan […]
Article content (Bloomberg) — Canadian women’s clothing retailer Groupe Dynamite Inc. launched its initial public offering with a dual-class share structure and a valuation of C$2.3 billion ($1.7 billion), a deal that would cement its top executive as a billionaire. The company behind the Garage and Dynamite chains said in public filings that Andrew Lutfy, […]
Breadcrumb Trail Links PMN Business Oil and gas producers in the US will for the first time be required to pay for some of their methane emissions under a regulation the Biden administration is set to finalize Tuesday, according to people familiar with the matter. Author of the article: Bloomberg News Jennifer A. Dlouhy Published […]
Breadcrumb Trail Links PMN Business DV Trading hired several fuel and natural gas traders in recent months as it expands its proprietary energy-trading business, even as other firms slow hiring in the space amid ebbing volatility. Author of the article: Bloomberg News Devika Krishna Kumar Published Nov 11, 2024 • 2 minute read Article content […]