Article content (Bloomberg) — Chevron Corp. and Shell Plc are in talks to join Argentina’s signature project to ramp up crude exports from its booming shale patch, according to people familiar the matter. Article content Chevron and Shell, which both have assets in the Vaca Muerta formation, are negotiating with a consortium of drillers spearheaded […]
Article content (Bloomberg) — Libya’s oil production has risen to the highest daily level in more than a decade, just months after a political crisis slashed the country’s output. Article content Crude and condensate production hit 1.422 million barrels on Thursday, the National Oil Corp. said in a post on X. That exceeds the state […]
Breadcrumb Trail Links PMN Business Canada’s largest banks all are poised to pay their employees more in variable compensation for 2024, with stock-market favorites Royal Bank of Canada, Canadian Imperial Bank of Commerce and National Bank of Canada increasing bonus pay the most. Author of the article: Bloomberg News Christine Dobby Published Dec 05, 2024 […]
Article content The chief executive of UnitedHealthcare, one the nation’s largest insurers, was killed Wednesday in midtown Manhattan in what police described as a targeted attack by a shooter outside a hotel where the company was holding a conference. Article content The shooter fled on foot into an alleyway and was last seen on an […]
Article content (Bloomberg) — Economic activity increased slightly in November after little change in preceding months, and US businesses grew more upbeat about demand prospects, the Federal Reserve said in its latest Beige Book survey. Article content “Though growth in economic activity was generally small, expectations for growth rose moderately across most geographies and sectors,” […]
Article content MEXICO CITY (AP) — Mexico’s Senate has voted to charge cruise ship passengers $42 per head for port calls, drawing sharp criticism from the tourism industry. Article content Mexican business chambers say the immigration charge — from which cruise passengers used to be exempt — may hurt the country’s half-billion-dollar-per-year cruise industry. The […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press David Klepper Published Dec 03, 2024 • 3 minute read Article content WASHINGTON (AP) — Federal authorities on Tuesday urged telecommunication companies to boost network security following a sprawling Chinese hacking campaign that gave officials in Beijing access to private texts and […]
Article content (Bloomberg) — Federal Reserve Governor Christopher Waller said he’s inclined to vote for another reduction in interest rates when officials meet later this month, though data due before then could make the case for holding them steady. Article content “At present I lean toward supporting a cut to the policy rate at our […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Scott Bauer Published Dec 02, 2024 • 4 minute read Article content MADISON, Wis. (AP) — Wisconsin public worker and teachers unions scored a major legal victory Monday with a ruling that restores collective bargaining rights they lost under a 2011 state […]
Breadcrumb Trail Links PMN PMN Business PMN Retail & Marketing Author of the article: The Canadian Press Tara Deschamps Published Dec 02, 2024 • 3 minute read Article content Canadians have flocked to malls and online stores for Black Friday, Cyber Monday and their surrounding sales period, but at least one tech firm found shopping […]