Article content (Bloomberg) — A fight is building at the United Nations climate talks over whether countries should recommit to last year’s historic pledge to transition away from fossil fuels. European and US negotiators see restating commitments agreed last year, including a boost in efficiency and renewable energy deployment, as essential to prevent backtracking on […]
Breadcrumb Trail Links PMN Business The Biden administration is weighing a last-ditch push for an international agreement that would restrict financial support for foreign oil and gas projects before critical talks start in Paris. Author of the article: Bloomberg News Jennifer A. Dlouhy Published Nov 16, 2024 • 3 minute read A Marathon Petroleum Corp. […]
Breadcrumb Trail Links PMN Business A growing number of startups are searching for geologic hydrogen from the US Midwest to Australia and hoping for a “Spindletop moment.” Author of the article: Bloomberg News Michelle Ma and David R Baker Published Nov 16, 2024 • 7 minute read k4s(9ks9q[hmgg5qwlu(e}92_media_dl_1.png Bloomberg Article content (Bloomberg) — A new Gold […]
Breadcrumb Trail Links PMN Business Ukraine blasted Olaf Scholz’s telephone diplomacy with Vladimir Putin, as many of Kyiv’s allies took a dim view of the German chancellor’s phone call with the Russian president. Author of the article: Bloomberg News Michael Nienaber, Daryna Krasnolutska and Alberto Nardelli Published Nov 15, 2024 • 4 minute read Article […]
Breadcrumb Trail Links PMN Business The last time Donald Trump was US president it spelled disaster for Iran — he walked away from a landmark nuclear deal, derailed the country’s economy with sanctions and killed its most revered general. Author of the article: Bloomberg News Golnar Motevalli Published Nov 15, 2024 • 4 minute read […]
Article content (Bloomberg) — The entire US Northeast faces an elevated threat of electricity shortages this winter during extreme cold weather, in part due to limited capacity on natural gas pipelines that supply power plants. All US regions have sufficient electricity supplies to meet their needs in normal weather conditions, the North American Electric Reliability […]
Article content (Bloomberg) — Federal Reserve Bank of Kansas City President Jeff Schmid on Wednesday sounded a note of caution about how much more the US central bank will need to lower interest rates. “While now is the time to begin dialing back the restrictiveness of monetary policy, it remains to be seen how much […]
Article content (Bloomberg) — European stocks were little changed by the close, recouping the day’s decline as investors weighed the outlook for inflation and US interest rates. The Stoxx Europe 600 Index was little changed by the close, as data showed US inflation matched estimates last month. Traders increased wagers on a December rate cut […]
Article content (Bloomberg) — Canadian women’s clothing retailer Groupe Dynamite Inc. launched its initial public offering with a dual-class share structure and a valuation of C$2.3 billion ($1.7 billion), a deal that would cement its top executive as a billionaire. The company behind the Garage and Dynamite chains said in public filings that Andrew Lutfy, […]
Breadcrumb Trail Links PMN Business Oil and gas producers in the US will for the first time be required to pay for some of their methane emissions under a regulation the Biden administration is set to finalize Tuesday, according to people familiar with the matter. Author of the article: Bloomberg News Jennifer A. Dlouhy Published […]