Tag: BLOOM

Oct 12

British Companies Feel Sting of Mini-Budget in Higher Loan Costs

Breadcrumb Trail Links PMN Business British firms were already facing a global energy crunch and post-pandemic inflationary pressures. Now, market chaos following the mini-budget has pushed up borrowing costs and darkened the outlook even further. Author of the article: Bloomberg News Julian Harris bavcub6486)}v4xik4ou8182_media_dl_1.png Bloomberg RSS Article content (Bloomberg) — British firms were already facing […]
Oct 10

Nigeria’s Declining Oil Output Forces Deferred Gasoline Payments

Article content (Bloomberg) — Nigeria’s dwindling crude output has forced its state-owned energy company to defer payments to some local gasoline suppliers by at least three months.  Nigerian National Petroleum Co. imports all the nation’s gasoline for road transport, swapping most for crude with international traders including Vitol Group and TotalEnergies SE and domestic groups […]
Oct 1

Hurricane Fiona Pummeled Puerto Rico’s Crops–But Not Those Grown Indoors

Breadcrumb Trail Links PMN Business Vertical farming operations seek to improve food security on the storm-prone island, which imports 85% of what it eats. Author of the article: Bloomberg News Jim Wyss Publishing date: Oct 01, 2022  •  24 minutes ago  •  4 minute read  •  Join the conversation Fiona caused at least $100 million in crop damage, estimates […]
Sep 29

‘Starting to Panic’: School Lunch Costs Return for US Families Just as Inflation Hits

Breadcrumb Trail Links PMN Business The expiration of a program that gave free meals to all public-school students leaves families carrying extra expenses. Author of the article: Bloomberg News Deena Shanker and Kelsey Butler Article content (Bloomberg) — Families across the US are suddenly finding themselves stuck with a new expense — school lunch for […]