Article content (Bloomberg) — Reza Dilmaghani mostly trades equities, but for the past week he’s been dipping in and out of the oil market, lured by crude’s biggest weekly rally in nearly two years. “This week has been great,” said Dilmaghani, a Phoenix-based day trader who’s been trying to capitalize on the market’s short-term direction. […]
Breadcrumb Trail Links PMN Business A slew of celebrities and politicians are set to raise cash for Vice President Kamala Harris’ campaign in the monthlong stretch before Election Day. Author of the article: Bloomberg News Hadriana Lowenkron Published Oct 04, 2024 • 2 minute read Kamala Harris during a campaign rally in Las Vegas, Nevada […]
Breadcrumb Trail Links PMN Business The four contenders to replace former Prime Minister Rishi Sunak as Conservative leader laid out starkly different paths for bringing the decimated opposition back to power in a series of speeches to party faithful. Author of the article: Bloomberg News Alex Wickham, Lucy White and Alex Morales Published Oct 02, […]
Article content (Bloomberg) — French President Emmanuel Macron delivered a pessimistic outlook for the European Union, warning that lack of investment and too much regulation would make the bloc uncompetitive. Speaking at the Berlin Global Dialogue, Macron said Washington and Beijing outstrip the EU in both economic output and investment, and Europe won’t be able […]
Breadcrumb Trail Links PMN Business Power Sustainable, an investment firm controlled by Canada’s billionaire Desmarais family, tapped Bruce Heyman as its chief executive officer with a mandate to attract more capital from global institutional investors. Author of the article: Bloomberg News Mathieu Dion Published Oct 02, 2024 • 2 minute read Bruce Heyman, right, and […]
Article content (Bloomberg) — OPEC+ made no changes to plans to start gradually reviving oil production towards the end of the year, despite signs of an impending surplus. A statement from 23-nation the group after an online monitoring meeting on Wednesday didn’t announce any alterations. Led by Saudi Arabia and Russia, OPEC+ plans a series […]
Breadcrumb Trail Links PMN Business Derek Kaufman, a former global head of fixed-income trading at hedge fund Citadel Securities, is starting an effort to try to break through the divisiveness in US politics. Author of the article: Bloomberg News Saijel Kishan Published Oct 01, 2024 • 3 minute read Article content (Bloomberg) — Derek Kaufman, […]
Article content (Bloomberg) — China’s world-leading clean energy companies are investing more abroad amid fierce domestic competition and trade tensions with rivals like the US, according to a report by Climate Energy Finance. From solar farms and battery factories to hydroelectric dams and transmission lines, Chinese firms have announced plans for an estimated $100 billion […]
Article content (Bloomberg) — A Russian liquefied natural gas carrier sanctioned by the US is currently heading to potential buyers in North Asia after sailing thousands of miles through the Arctic Ocean. Asya Energy passed the southern tip of the Kamchatka Peninsula in Russia’s Far East, carrying a shipment from the Arctic LNG 2 plant. […]
Article content (Bloomberg) — Libya is preparing to restore oil production as two rival governments in the North African country overcame differences that caused the flow of petroleum to be halted or disrupted last month. The nation’s oil sector is expected to receive orders to resume output in the coming hours and should start doing […]