Breadcrumb Trail Links PMN Business Author of the article: Reuters Gavin Jones Published Jan 28, 2023 • 2 minute read Join the conversation Article content ROME/TRIPOLI — Italian energy company Eni and Libya’s National Oil Corporation (NOC) signed an $8 billion gas production deal on Saturday aimed at boosting energy supplies to Europe despite the […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Mrinmay Dey and James Davey Published Jan 28, 2023 • 2 minute read Join the conversation Article content LONDON — British regional airline Flybe on Saturday ceased trading for the second time in three years, with all flights canceled and 276 workers made redundant. A […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Silvia Aloisi and Mimosa Spencer Published Jan 28, 2023 • 3 minute read Join the conversation Article content PARIS — French luxury goods group Kering has appointed Sabato De Sarno, a senior fashion designer at Valentino, as creative director of its top brand Gucci, it […]
Article content (New throughout, adds details and comments) By Nandita Bose, David Shepardson and Raphael Satter Article content WASHINGTON, Jan 27 (Reuters) – Tesla Chief Executive Elon Musk met two top officials in President Joe Biden’s administration on Friday in Washington to discuss how the car maker and the Democratic president could work together to […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Jamie Mcgeever Published Jan 27, 2023 • 4 minute read Join the conversation Article content ORLANDO — If recent history is anything to go by, the Federal Reserve will not wait for inflation to fall to its target before cutting interest rates again. There is […]
Article content WASHINGTON — The U.S. House of Representatives passed a bill on Friday limiting the ability of the energy secretary to tap the strategic oil reserve without developing plans to increase the amount of public lands available for oil and gas drilling. Representatives backed the bill 221 to 205, with support from only one […]
Article content LONDON — An investment vehicle managed by hedge fund Brevan Howard delivered a successful 2022 on a surge in global borrowing costs, an investor presentation seen by Reuters showed. Most financial markets were roiled last year by the most aggressive pace of rate hikes from central banks such as the U.S. Federal Reserve […]
Article content ACCRA — Ghana has reached an agreement with the country’s insurers on a domestic debt exchange, taking it closer to completing this program, a key factor in restoring economic stability and growth, the finance ministry said on Thursday. The ministry said in a joint statement with the Ghana Insurers Association (GIA) that under […]
Article content PORT OF SPAIN — Trinidad and Tobago would pay Venezuela for natural gas produced at an offshore development with humanitarian supplies like food and medicine, Prime Minister Keith Rowley said, to comply with a U.S. license prohibiting cash payments to the government of President Nicolas Maduro. The U.S. Treasury Department on Tuesday issued […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Shreyashi Sanyal and Johann M Cherian Published Jan 24, 2023 • 2 minute read Join the conversation Article content Jan 24 (Reuters) – Wall Street slipped on Tuesday after industry bellwethers 3M, Johnson & Johnson and GE warned of a challenging year ahead, while a […]