Breadcrumb Trail Links PMN Business OPEC+ extended its oil supply cutbacks to the middle of the year in a bid to avert a global surplus and shore up prices. Author of the article: Bloomberg News Fiona MacDonald, Grant Smith and Salma El Wardany Published Mar 03, 2024 • Last updated 6 minutes ago • 3 minute […]
Breadcrumb Trail Links PMN Business A new international effort is under way to reverse Haiti’s rapid descent into lawlessness, but disagreements, tepid contributions, and delays in deploying police forces have raised concerns that yet another mission to rescue the Caribbean nation is doomed to fail. Author of the article: Bloomberg News Augusta Saraiva, Jim Wyss […]
Article content (Bloomberg) — Lisa Murkowski and Susan Collins backed Nikki Haley’s bid for the White House, delivering the long-shot Republican contender her first endorsements from sitting US senators days before voters hit the polls on Super Tuesday. Alaska’s Murkowski endorsed Haley in a statement Friday, saying she had the “right values, vigor, and judgment […]
Breadcrumb Trail Links PMN Business David McCall has a once-in-a-generation opportunity to do right by America’s industrial workers, and he’s ready to seize the moment. Author of the article: Bloomberg News Joe Deaux Published Mar 02, 2024 • 9 minute read Join the conversation Article content (Bloomberg) — David McCall has a once-in-a-generation opportunity to […]
Breadcrumb Trail Links PMN Business Democratic Pennsylvania Governor Josh Shapiro said the Biden administration’s recent halt in liquefied natural gas export licenses should be limited in time, stopping short of outright criticizing a pause that could undermine job creation in a state that’s relying on energy to drive growth. Author of the article: Bloomberg News […]
Breadcrumb Trail Links PMN Business Some World Trade Organization members are considering calling on governments to curb trade-distorting policies for the green transition, as concerns grow that some unilateral measures and a subsidy race by the world’s leading economies is stirring protectionism. Author of the article: Bloomberg News Jorge Valero, Eric Martin and Shruti Srivastava […]
Breadcrumb Trail Links PMN Business Latin America’s biggest oil company will be more cautious about issuing blockbuster dividends as it moves to become a renewable energy powerhouse, Petrobras Chief Executive Officer Jean Paul Prates said in an interview. Author of the article: Bloomberg News Mariana Durao and Peter Millard Published Feb 28, 2024 • 3 […]
Breadcrumb Trail Links PMN Business Analysts who expect the Bank of Canada’s first interest rate cut in April are rare – but they believe economic data may soon prove there’s enough disinflationary pressure to spur policymakers into action. Author of the article: Bloomberg News Randy Thanthong-Knight Published Feb 28, 2024 • 3 minute read Join […]
Article content (Bloomberg) — South Africa’s presidency, which is overseeing the deployment of $9.3 billion in climate finance, said it’s confident the country will meet its greenhouse gas emission reduction targets even as its keeps coal-fired plants open. South Africa won the funding from some of the world’s richest nations in a deal announced in […]
Article content (Bloomberg) — Canada’s relatively cheap heavy crude is set to spike temporarily in the coming months as a massive new export pipeline starts operations just as oil-sands companies curtail production. Western Canadian Select’s discount to US benchmark West Texas Intermediate may shrink from its current level of about $17.10 per barrel to […]