Breadcrumb Trail Links PMN Business European governments should be realistic about the costs to consumers and industry from pursuing strict net-zero emissions goals, according to the head of the world’s biggest independent oil trader. Author of the article: Bloomberg News Archie Hunter Published Feb 26, 2025 • 4 minute read r298pwg5maltght]s6izndi0_media_dl_1.png EPEX Article content (Bloomberg) […]
Article content (Bloomberg) — US consumers are pulling back as they face down layoffs and impending tariffs, according to the chief executive officer of the company that owns the Lee and Wrangler brands. Article content “The consumer right now is confused,” Kontoor Brands Inc. CEO Scott Baxter said during the company’s quarterly call with analysts. […]
Article content (Bloomberg) — BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it embarks on a shift away from renewable energy amid pressure from activist investor Elliott Investment Management, according to people familiar with the matter. Article content In a […]
Article content (Bloomberg) — Indonesia will channel $20 billion in budget savings to its newly created Danantara investment body to help finance 20 high-impact national projects, President Prabowo Subianto said Monday. Article content The president said Danantara would invest the sum into projects in downstream nickel, bauxite, copper, artificial intelligence, oil refineries, petrochemical plants, food […]
Breadcrumb Trail Links PMN Business Even before Friday’s slide jolted the US stock market out of its calm, some traders were preparing for unrest. Author of the article: Bloomberg News Natalia Kniazhevich Published Feb 23, 2025 • 3 minute read ii)gzxr[0aw4nk1w{e4fclx4_media_dl_1.png Bloomberg Article content (Bloomberg) — Even before Friday’s slide jolted the US stock market […]
Breadcrumb Trail Links PMN Business The Bank of Korea is widely expected to resume its easing cycle this week in the absence of early fiscal stimulus, supporting the economy against Donald Trump’s tariff war that has already weighed on business and consumer confidence dented by political turmoil. Author of the article: Bloomberg News Sam Kim […]
Breadcrumb Trail Links PMN Business The Trump administration took aim at China with a series of moves involving investment, trade and other issues that raises the risk ties may soon worsen between the US and its top economic rival. Author of the article: Bloomberg News Bloomberg News Published Feb 23, 2025 • Last updated 16 minutes […]
Breadcrumb Trail Links PMN Business Investors are warming up toward Asian emerging-market stocks as the dollar’s rally pauses and US President Donald Trump’s initial tariff onslaught proves less punishing than earlier envisaged. Author of the article: Bloomberg News Winnie Hsu and Abhishek Vishnoi Published Feb 22, 2025 • 3 minute read sz5rtrqft5l5dkx[fbb[8[nz_media_dl_1.png Bloomberg Article content […]
Article content (Bloomberg) — The Trump administration told Mexican officials that they should put their own duties on Chinese imports as part of their efforts to avoid tariffs threatened by President Donald Trump, according to people familiar with the matter. Article content Commerce Secretary Howard Lutnick was among US officials who conveyed that message at […]
Breadcrumb Trail Links PMN Business The Trump administration began sending emails to more than 2 million federal workers on Saturday, asking them to report on what they did last week or be forced to resign. Author of the article: Bloomberg News Gregory Korte and Victoria Cavaliere Published Feb 22, 2025 • Last updated 5 hours ago […]