Category: PMN Business

Feb 9

BP Faces Pivotal Moment as Activist Investor Elliott Enters Fray

Breadcrumb Trail Links PMN Business BP Plc’s dramatic under-performance compared with other oil majors has reached a crunch point — a looming showdown with one of the world’s most aggressive activist investors. Author of the article: Bloomberg News Mitchell Ferman and Dinesh Nair Published Feb 09, 2025  •  4 minute read hc8q[ew40ytbcwox8nr)bn3c_media_dl_1.png Bloomberg Article content […]
Feb 8

Debt Derivatives Are So Tight Even Trump’s Tariff Talk Can’t Shift Them

Breadcrumb Trail Links PMN Business Even US President Donald Trump’s tariff rhetoric can’t rattle credit markets, a sign to some money managers and strategists that the market is too complacent. Author of the article: Bloomberg News Neil Callanan Published Feb 08, 2025  •  6 minute read f9q}60s{(k{3tzxq50g2cyhg_media_dl_1.png S&P Global Article content (Bloomberg) — Even US […]
Feb 8

Russia’s Rostelecom Says Baltic Sea Cable Damaged, Tass Reports

Article content (Bloomberg) — A Russian underwater cable in the Baltic Sea has been damaged by an unspecified external impact, Tass reported on Saturday, citing the telecommunications provider PJSC Rostelecom.  Article content Restoration work is underway and the incident has had no impact on subscribers so far, according to the state-owned company.  Finnish media reported […]
Feb 8

Transit workers in British Columbia’s Cowichan Valley launch strike in labour dispute

Article content VANCOUVER — Transit workers in British Columbia’s Cowichan Valley have launched strike action, shutting down services in the area after talks with their employer broke down. Article content In a statement, Unifor — whose local chapters 114 and 333 combine to represent 52 transit staff and HandyDART operators in the Cowichan Valley — […]
Feb 7

Jim Becker, AP reporter who covered Jackie Robinson and an underdog Hawaii football team, dies at 98

Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Audrey Mcavoy Published Feb 07, 2025  •  5 minute read Article content HONOLULU (AP) — Jim Becker, a world-traveling journalist who covered Jackie Robinson’s big-league baseball debut and the U.S. Army’s retaking of Seoul during the Korean War, died Friday. He was […]
Feb 7

Why Trump Wants Canada’s Wealth of Critical Minerals

Article content (Bloomberg) — When Canada’s Prime Minister Justin Trudeau told a group of executives that President Donald Trump wasn’t kidding about annexing Canada, he offered one reason: critical minerals. Article content Canada is rich in nearly three dozen critical minerals essential to modern technology and produces more than 60 minerals and metals including nickel, […]