Breadcrumb Trail Links PMN Business US stocks are back in a bull market and the American economy has consistently outperformed expectations, leading some firms to suggest the threat of recession has eased, if not altogether passed. Author of the article: Bloomberg News Alice Gledhill and Anchalee Worrachate Published Jun 11, 2023 • 3 minute read […]
Article content (Bloomberg) — Saudi Arabia and its OPEC+ allies are trying to combat “uncertainties and sentiment” in the oil market as the group looks to tackle short sellers, its energy minister said Sunday. “I think the physical market is telling us something, and the futures market is telling us something else,” Prince Abdulaziz bin […]
Breadcrumb Trail Links PMN Business Odey Asset Management has removed its founder Crispin Odey from the firm’s partnership in a stunning turn of events for the famed hedge fund manager who is facing fresh sexual assault allegations. Author of the article: Bloomberg News Nishant Kumar Published Jun 10, 2023 • 3 minute read Join the […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Chinedu Asadu Published Jun 10, 2023 • 2 minute read Join the conversation Article content ABUJA, Nigeria (AP) — Nigeria’s central bank chief has been arrested hours after being suspended from office by the country’s new president, authorities said Saturday. Godwin Emefiele, governor […]
Article content (Bloomberg) — Prime Minister Justin Trudeau announced C$500 million ($375 million) in new military assistance to Ukraine during a surprise visit to the war-torn country on Saturday. Article content The Canadian leader and his deputy, Chrystia Freeland, met with President Volodymyr Zelenskiy in Kyiv as Ukraine’s military steps up its efforts to liberate […]
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 […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Jill Lawless Published Jun 09, 2023 • 2 minute read Join the conversation FILE – Boris Johnson leaves his house in London, on March 22, 2023. Several dozen allies of former British Prime Minister Boris Johnson received honors from King Charles III on […]
Breadcrumb Trail Links PMN Business It’s still too early to tell if the country will see another record-breaking 40C day, meteorologists said. Author of the article: Bloomberg News Olivia Rudgard Published Jun 08, 2023 • 4 minute read Join the conversation A pedestrian uses a umbrella to protect herself from the sun, at Canary Wharf, […]
Article content WASHINGTON (AP) — The Senate on Thursday confirmed Dilawar Syed as deputy administrator of the Small Business Administration, ending more than two years of delays after a blockade by Republicans in the last Congress. Syed will be the highest-ranking Muslim official in the U.S. government. Article content Republicans on the Small Business Committee […]
Article content (Bloomberg) — Canada’s economy is poised to enter a recession as soon as the third quarter, and it’s going to be a painful one for many people, according to Manulife Investment Management’s global chief economist. Article content The Bank of Canada’s surprise move to increase the overnight lending rate to 4.75% on Wednesday […]