Article content (Bloomberg) — Oil held a decline as Donald Trump vowed to declare a national emergency to unleash domestic energy production and held off unveiling China-specific tariffs on day one of his presidency. Article content West Texas Intermediate for March fell from Friday’s close toward $76 a barrel, while Brent settled near $80. Trump […]
Article content (Bloomberg) — Oil rose ahead of the inauguration of President-elect Donald Trump, as the market braced for a period of uncertainty and turmoil at the start of his second term in the White House. Article content Brent traded above $81 a barrel after falling in the past two sessions, while West Texas Intermediate […]
Breadcrumb Trail Links PMN Business Asian equities climbed in early Monday trading, tracking US peers following a positive conversation between Donald Trump and Chinese leader Xi Jinping ahead of the US President-elect’s inauguration. Author of the article: Bloomberg News Catherine Bosley and Matthew Burgess Published Jan 19, 2025 • Last updated 29 minutes ago • 4 […]
Breadcrumb Trail Links PMN Business Bank of Japan Governor Kazuo Ueda will size up the need to raise interest rates on Friday amid heightened expectations of a hike — and barring a market shock triggered by Donald Trump’s first few days in the White House. Author of the article: Bloomberg News Paul Jackson and Craig […]
Article content (Bloomberg) — Oil headed for a fourth straight weekly gain ahead of President-elect Donald Trump’s second term, with traders seeking clarity on far-reaching sanctions and trade policies. Article content West Texas Intermediate traded below $79 a barrel, up about 3% this week, while Brent closed above $81. Trump’s advisers are crafting a wide-ranging […]
Article content (Bloomberg) — Bunge Global SA, one of the world’s largest crop traders, received approval from Canada for its $8 billion acquisition of Viterra Inc. Article content The decision Tuesday comes after delays to regulatory approvals around the world pushed back the completion of the deal, previously set for the middle of 2024. The […]
Article content (Bloomberg) — US prices of metals and oil are surging above their international counterparts as traders increase bets President-elect Donald Trump will impose tariffs on imported goods. Article content Metals including copper, silver and platinum are seeing a price dislocation between London and New York in recent weeks, while differentials in oil prices […]
Article content (Bloomberg) — US President-elect Donald Trump’s tariff plans will lead to “tit for tat” retaliation from Canada, according to the country’s ambassador in Washington. Article content Trump has threatened 25% tariffs on all products from Canada and Mexico unless they address his complaints on border security. He has escalated his rhetoric recently, claiming […]
Breadcrumb Trail Links PMN Business Justin Trudeau says Canada is ready to respond with counter-tariffs against the US if President-elect Donald Trump follows through on his threat to begin a trade war in North America. Author of the article: Bloomberg News Curtis Heinzl Published Jan 12, 2025 • Last updated 1 hour ago • 3 minute […]
Article content (Bloomberg) — JPMorgan Chase & Co.’s Jamie Dimon said that tariffs, if properly used, can help resolve issues such as unfair competition and national security. Article content “Like any tool, if it’s misused it can do damage too,” the chief executive officer of the largest US bank said in an interview on CBS […]