Breadcrumb Trail Links PMN Business President Donald Trump told Republican governors that implementing his agenda was key to their own political futures, arguing that embracing it could mitigate or even prevent losses in the midterm elections. Author of the article: Bloomberg News Stephanie Lai and Akayla Gardner Published Feb 20, 2025 • 3 minute read […]
Article content (Bloomberg) — South Korea has scaled down its plans for nuclear power after the impeachment of President Yoon Suk Yeol, an atomic energy advocate, gave the opposition party greater influence over the country’s long-term energy policy. Article content The Asian nation expects to add a total of 3.5 gigawatts of nuclear capacity […]
Article content (Bloomberg) — Vietnam and India are among fast-growing Asian steel producers at risk of being hurt if President Donald Trump goes ahead with blanket tariffs on all US imports of the metal. Article content The global steel industry is braced for the impact of Trump’s planned 25% levies, due to start on March […]
Breadcrumb Trail Links PMN Business BHP Group Ltd. said first-half profit slumped 23% as China’s faltering economy dampened demand for iron ore, prompting the miner to cut its interim dividend to an eight-year low. Author of the article: Bloomberg News Paul-Alain Hunt Published Feb 17, 2025 • 3 minute read The BHP Group Ltd. logo […]
Article content (Bloomberg) — Federal Reserve Governor Christopher Waller said recent economic data support keeping interest rates on hold, but if inflation behaves as it did in 2024, policymakers can get back to cutting “at some point this year.” Article content “If this wintertime lull in progress is temporary, as it was last year, then […]
Article content (Bloomberg) — Diamondback Energy Inc. is closing in on a deal to acquire closely held West Texas oil producer Double Eagle in a bid to further its dominance in the world’s biggest shale patch, according to people familiar with the matter. Article content Diamondback, the largest independent oil and gas producer in the […]
Breadcrumb Trail Links PMN Business Canadian Conservative Leader Pierre Poilievre pledged to build an “east-west economy” with oil and gas pipelines stretching from Alberta to the Maritime provinces as part of a sweeping plan to respond to US tariff threats. Author of the article: Bloomberg News Randy Thanthong-Knight and Jacob Lorinc Published Feb 15, 2025 […]
Breadcrumb Trail Links PMN Business UK inflation probably hit its highest level in 10 months in January, continuing a resurgence in price pressures that has made the Bank of England wary over rushing into interest-rate cuts. Author of the article: Bloomberg News Tom Rees and Craig Stirling Published Feb 15, 2025 • 7 minute read […]
Breadcrumb Trail Links PMN Business The Energy Department is seeking to bring back nuclear energy specialists after abruptly telling hundreds of workers that their jobs were eliminated, according to two people familiar with the matter. Author of the article: Bloomberg News Ari Natter Published Feb 14, 2025 • 4 minute read Department of Energy headquarters […]
Article content (Bloomberg) — Duke Energy Corp., one of the biggest US power providers, removed a mention of climate targets in its latest earnings release as the company builds more natural gas plants and reconsiders its coal plans. Article content Duke said in its third-quarter earnings release last year that it was “executing an ambitious […]