Breadcrumb Trail Links PMN Business Whether you’re speaking with Europe’s largest money manager, Australia’s giant pension funds, or a cash-rich insurer in Japan, there’s a resounding message you’ll hear when it comes to US Treasuries: They are still hard to beat. Author of the article: Bloomberg News Ruth Carson and Alice Gledhill Published Jan 15, […]
Article content (Bloomberg) — Oil extended a powerful early-year advance on mounting risks to global supplies, and as commercial crude inventories in the US posted their longest run of declines since 2021. Article content West Texas Intermediate rose above $80 a barrel after climbing more than 3% on Wednesday, to hit the highest since July. […]
Breadcrumb Trail Links PMN Business Suzuki Motor Corp.’s India unit, BYD Co. and VinFast Auto Ltd. are among carmakers gearing to showcase their new electric vehicles in New Delhi as the fight intensifies for the fastest-growing major automobile market where Tesla Inc. is conspicuous by its absence. Author of the article: Bloomberg News Satviki Sanjay […]
Breadcrumb Trail Links PMN Business Forecasters expect a monthly report on US consumer prices to show a fifth month of firm increases, bolstering the case for an extended pause in Federal Reserve interest-rate cuts. Author of the article: Bloomberg News Matthew Boesler Published Jan 14, 2025 • 3 minute read 8eqdbh71s}bb2in04zdi7e17_media_dl_1.png Bureau of Labor Statistics, […]
Article content (Bloomberg) — Oil edged higher after dropping by the most in more than a month as the impact of US sanctions against Russian flows continued to reverberate, and an industry report pointed to lower US stockpiles. Article content West Texas Intermediate rose toward $78 a barrel, after losing 1.7% on Tuesday on expectations […]
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) — Oil extended gains to hit the highest in more than four months as a fresh wave of US sanctions against Russia’s energy industry threatened to crimp supplies in an already-tightening global market. Article content Global benchmark Brent advanced above $81 a barrel, after surging almost 4% in the previous session. West […]
Article content (Bloomberg) — The UK is planning special districts for constructing data centers and will explore dedicating nuclear energy to the sites as part of a Labour government project to boost technology growth and the ecosystem for artificial intelligence. Article content These “AI Growth Zones” will include enhanced access to electricity and easier planning […]
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 […]
Breadcrumb Trail Links PMN Business Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and steadfast economy, supporting the Federal Reserve’s go-slow approach to further rate cuts. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jan 11, 2025 • […]