Breadcrumb Trail Links PMN Business Private equity executive Rob Kumer sees a buying opportunity as global financial markets grapple with the turmoil in commercial real estate. Author of the article: Bloomberg News Ari Altstedter and Paula Sambo Published Mar 08, 2024 • 3 minute read Join the conversation g5z1203kkcbvk5hbt)ch8cb3_media_dl_1.png Source: Altus Group Article content (Bloomberg) […]
Breadcrumb Trail Links PMN Business The Bank of Canada is likely to hold interest rates steady for a fifth straight meeting, as dwindling recession risks allow policymakers more time to get a clearer read on inflation before they adjust borrowing costs. Author of the article: Bloomberg News Erik Hertzberg Published Mar 05, 2024 • 3 […]
Breadcrumb Trail Links PMN Business Across the US and allied countries, owners of left-for-dead uranium mines are restarting operations to capitalize on rising demand for the nuclear fuel. Author of the article: Bloomberg News Jacob Lorinc and Maria Clara Cobo Published Mar 03, 2024 • 3 minute read Join the conversation Barrels stored at the […]
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 […]
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 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) — 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 […]
Article content (Bloomberg) — Real estate services firm Avison Young (Canada) Inc. says it’s close to finishing a restructuring to clean up its balance sheet after it defaulted on a senior term loan, causing a ratings downgrade. “We have been focused on finalizing a transaction with our financial partners which will significantly strengthen Avison Young […]
Article content (Bloomberg) — Canada will provide Ukraine C$3 billion ($2.2 billion) in aid this year to prop up the war-ravaged economy and boost its military as Kyiv looks for ways to hedge against a potential shortfall in US assistance. The Canadian funding will help Ukraine’s government meet its balance of payments and budgetary needs, […]
Article content (Bloomberg) — German lawmakers approved a controversial bill legalizing personal use of cannabis, paving the way for controlled consumption of the drug from April 1. The legislation introduced by Chancellor Olaf Scholz’s government — a first step toward a planned broader legalization — was supposed to take effect at the start of the […]