Breadcrumb Trail Links Commodities Energy Electric Vehicles Autos Tesla experienced its “highest-ever share” of trade-ins for new or used cars from dealerships selling other brands Get the latest from Gabriel Friedman straight to your inbox Sign Up Published Mar 21, 2025 • 3 minute read The price of a used Tesla dropped 21.9 per cent […]
Article content (Bloomberg) — Spanish Prime Minister Pedro Sanchez will travel to China next month to meet with President Xi Jinping, according to people familiar with the preparations. Article content The trip comes as the European Union is rethinking its global trading relationships amid turmoil caused by President Donald Trump’s trade war. Sanchez will also […]
Breadcrumb Trail Links PMN Business When the Biden administration stopped approving licenses to export US liquefied natural gas in January of last year, officials said they first needed to determine how those shipments would affect the environment and economy. Author of the article: Bloomberg News Jennifer A. Dlouhy and Ari Natter Published Mar 19, 2025 […]
Article content (Bloomberg) — An Indiana recycling plant that tapped municipal bond investors for capital six years ago has filed for bankruptcy after the facility was marred by design flaws and production sputtered. Article content Brightmark Plastics Renewal LLC, which converts waste plastic into fuel, filed for Chapter 11 on Sunday, listing assets and liabilities […]
Article content (Bloomberg) — European stocks posted a third straight session of gains after German lawmakers voted for a bill set to unlock hundreds of billions of euros in defense and infrastructure spending. Article content The Stoxx Europe 600 Index ended the session 0.6% higher. The gauge trades just 1.6% below its all-time high in early March […]
Breadcrumb Trail Links PMN Business The first data center complex for OpenAI’s $100 billion Stargate infrastructure venture will have space for as many as 400,000 of Nvidia Corp.’s powerful AI chips — an amount that, if filled, would make it one of the largest known clusters of artificial intelligence computing power. Author of the article: […]
Article content (Bloomberg) — European stocks gained as resources sectors received a boost after China said it would take steps to revive consumption. Article content The Stoxx Europe 600 Index rose 0.8% at the close in London. Oil rose for a second day, lifting the energy sector, after China said it is planning to boost people’s incomes […]
Breadcrumb Trail Links PMN Business President Donald Trump’s top trade negotiator is attempting to inject order into sweeping new tariffs expected next month, after previous announcements roiled markets and fueled business uncertainty. Author of the article: Bloomberg News Jenny Leonard, Nancy Cook and Josh Wingrove Published Mar 17, 2025 • 5 minute read A container […]
Article content (Bloomberg) — Treasury Secretary Scott Bessent, a former hedge fund manager, said he’s not worried about the recent downturn that’s wiped trillions of dollars from the equities market as the US seeks to reshape its economic policies. Article content “I’ve been in the investment business for 35 years, and I can tell you […]
Breadcrumb Trail Links PMN Business Oil executives gathering in Houston this week learned the hard way that US President Donald Trump’s pro-fossil fuel agenda comes with a catch: lower prices. Author of the article: Bloomberg News Kevin Crowley and David Wethe Published Mar 14, 2025 • 4 minute read Wael Sawan Photographer: F. Carter Smith/Bloomberg […]