Article content HOUSTON — U.S. crude oil exports rose more-than-expected last month, building on a record 4.5 million barrels per day in March, as Chinese refiners snapped up cargoes to meet rising fuel demand, according to ship tracking data and analysts. U.S. crude exports rose by 22% last year from 2021 after Russia’s invasion of […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Joyce Zhou Published Apr 30, 2023 • 2 minute read Join the conversation Article content MACAU — Hundreds of thousands of mainland Chinese visitors have descended on the world’s biggest gambling hub of Macau for the Labour Day holiday, packing tightly into its narrow cobblestone […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Tom Murphy Published Apr 30, 2023 • 4 minute read Join the conversation FILE – Adderall XR capsules are displayed on Feb. 24, 2023. Drug shortages are growing in the United States, and experts see no clear path to resolving them. The U.S. […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Lewis Krauskopf Published Apr 30, 2023 • 3 minute read Join the conversation Article content NEW YORK — Economically sensitive areas of the U.S. stock market are flashing warnings over growth, even as major equity indexes edge higher. The S&P 500 is up […]
Breadcrumb Trail Links PMN Business As the world’s major central banks near the end of their steepest rate-tightening campaign in decades, the harsh lessons of past policy errors will weigh heavily on decisions as to when and where borrowing costs peak. Author of the article: Bloomberg News Jana Randow, Craig Torres and Philip Aldrick Published […]
Article content MUMBAI — India’s market regulator has asked for a six-month extension to complete its probe into possible lapses in securities market laws and regulatory disclosures by billionaire Gautam Adani’s Adani group, according to a court document seen by Reuters. The Securities and Exchange Board of India (SEBI) filed its request with the Supreme […]
Article content (Bloomberg) — Turkish President Recep Tayyip Erdogan made his first public appearance since a health scare that sidelined him just weeks ahead of the nation’s election. Erdogan on Saturday visited Teknofest in Istanbul, an aerospace and technology festival which targets mostly young people, and spoke for about 30 minutes. Article content Turkey’s leader […]
Breadcrumb Trail Links PMN Business Two key US inflation gauges showed persistent price pressures in recent months, buttressing the case for another Federal Reserve interest-rate hike next week. Author of the article: Bloomberg News Molly Smith and Vince Golle Published Apr 29, 2023 • 3 minute read Join the conversation 3hk16ep1pm]v2ubl5j0q)8v3_media_dl_1.png Source: Bloomberg Article content […]
Article content BRUSSELS (AP) — Ukraine on Saturday welcomed the European Union’s hard-fought deal to keep farm exports flowing into and through the bloc to world markets, saying that the Middle East and Africa would specifically stand to benefit from it. Late Friday, the 27-nation EU ended a damaging internal standoff over a destabilizing glut […]
Article content OTTAWA — The Canadian economy grew 0.1% in February from January, less than expected, and gross domestic product likely contracted in March, Statistics Canada data showed on Friday. Analysts had forecast a 0.2% rise from an upwardly revised 0.6% growth in January. March GDP was most likely down 0.1%, Statscan said in a […]