Article content (Bloomberg) — Oil steadied after its biggest jump in six months as Israel said its retaliation for attacks by militant group Hamas over the weekend had “only started,” increasing the prospect of fresh instability in the Middle East. West Texas Intermediate traded near $86 a barrel after surging 4.3% on Monday, as markets […]
Breadcrumb Trail Links PMN Business Sweden’s H2 Green Steel is in talks with governments in Canada to build a factory in northern Quebec, as the young firm tries to deliver on a promise to customers — steel produced with minimal carbon emissions. Author of the article: Bloomberg News Mathieu Dion and Rafaela Lindeberg Published Oct […]
Article content (Bloomberg) — Ferrari NV’s first fully electric model will be one of the most highly anticipated products in automotive history, and Benedetto Vigna is relishing it. Just don’t expect the chief executive officer to let much slip about the supercar before it debuts in late 2025, based on how Vigna fielded a question […]
Article content (Bloomberg) — PT Barito Renewables Energy jumped in its first day of trading after raising 3.13 trillion rupiah ($200 million) in Indonesia’s fifth-biggest initial share sale this year. The company, owned by billionaire Prajogo Pangestu, gained as much as 25% to 975 rupiah in Jakarta trading on Monday, hitting the upper limit allowed […]
Breadcrumb Trail Links PMN Business Keir Starmer was counting on using his Labour Party’s annual gathering to seal the deal with British business and raise his profile among an uncertain electorate. The opposition leader’s team has been forced to adapt with an international crisis dominating the headlines. Author of the article: Bloomberg News Emily Ashton […]
Breadcrumb Trail Links PMN Business The United Auto Workers won a landmark concession from General Motors Co. to bring battery plant workers into the union’s fold, a move that will pressure Ford Motor Co. and Stellantis NV to follow suit and secure labor’s role in the transition to electric vehicles. Author of the article: Bloomberg […]
Article content (Bloomberg) — The hunt for stock winners in the global race for green transition-linked minerals has found a new target: India’s miners. Shares of metals producers have outperformed local equity benchmarks this year on hopes that the firms will play a potential role in the country’s green agenda following the discovery of lithium […]
Article content (Bloomberg) — Exxon Mobil Corp. is in talks to acquire shale-focused Pioneer Natural Resources Co., according to a person familiar with the matter. The Wall Street Journal reported the deal earlier Thursday, citing unidentified people. An agreement could be worth as much as $60 billion and may be completed in the coming days […]
Breadcrumb Trail Links PMN Business Emmanuel Macron is dialing down the volume — and finally getting his way Author of the article: Bloomberg News Ania Nussbaum, Natalia Ojewska and Andra Timu Published Oct 05, 2023 • 6 minute read Join the conversation Emmanuel Macron, France’s president, during the European Union (EU) and Community of Latin American […]
Article content (Bloomberg) — Japanese Prime Minister Fumio Kishida vowed Thursday to make a surge of wage rises sustainable, in an unusual appearance at the convention of Japan’s confederation of labor unions. Kishida became the first premier from his conservative Liberal Democratic Party to speak at the biennial Rengo event since 2007. His appearance comes […]