Breadcrumb Trail Links PMN Business Debt markets have been in risk-on mode for weeks now, fired up by Federal Reserve rate cuts and the election of Donald Trump to the US presidency. Risk premiums on junk bonds have plunged more than 1 percentage point since early August, and companies launched the sales of around $105 […]
Breadcrumb Trail Links PMN Business Donald Trump has jumped straight into action as the defender of dollar power, training some heavy fire on an enemy that barely even exists. Author of the article: Bloomberg News Saleha Mohsin Published Dec 07, 2024 • 6 minute read bfpxjlmlvyyy4c]dk8on}luh_media_dl_1.png International Monetary Fund, Blo Article content (Bloomberg) — Donald […]
Breadcrumb Trail Links PMN Business The school is out of commission — hit by heavy shrapnel in July. Some homes are boarded up from direct hits. The avocado orchards have lost many hectares from fires sparked by missiles. Author of the article: Bloomberg News Ethan Bronner Published Dec 07, 2024 • 4 minute read Magen […]
Breadcrumb Trail Links PMN Business The stock market’s growth engine is running on fumes. Author of the article: Bloomberg News Jeran Wittenstein Published Dec 07, 2024 • 5 minute read e(n)786hdv70v9o6grqhgs8x_media_dl_1.png Bloomberg Article content (Bloomberg) — The stock market’s growth engine is running on fumes. Article content Article content For years, investors have counted on […]
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 (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 (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 Business When Peabody Energy Corp. agreed to buy the coal assets of Anglo American Plc, only one European lender joined the US investment bankers and private credit specialists financing the deal: Deutsche Bank AG. Author of the article: Bloomberg News Natasha White Published Dec 02, 2024 • 4 minute read q98(wk50two8ij7{[toq}w}p_media_dl_1.png […]