Tag: energy

Jul 25

Microsoft Posts Tepid Sales Growth as Cloud Business Slows

Breadcrumb Trail Links PMN Business Microsoft Corp. reported tepid fourth-quarter sales growth, held back by decelerating demand for cloud-computing services while the software maker waits for a revenue boost from new artificial intelligence-powered products. Author of the article: Bloomberg News Dina Bass Published Jul 25, 2023  •  4 minute read Join the conversation Signage outside […]
Jul 23

US Economic Soft Landing Hinges on Fed’s Tolerance of Inflation

Breadcrumb Trail Links PMN Business Rising hopes of a soft landing for the US economy likely hinge on the Federal Reserve’s willingness to tolerate inflation markedly higher than it would prefer. Author of the article: Bloomberg News Rich Miller Published Jul 23, 2023  •  4 minute read Join the conversation n(s3qjgdr8ajitaru5ab9gfk_media_dl_1.png Bloomberg RSS Article content […]
Jul 17

BlackRock Names Aramco CEO Amin Nasser to Its Board of Directors

Article content (Bloomberg) — BlackRock Inc. said Saudi Aramco Chief Executive Officer Amin Nasser is joining its board, reflecting the asset manager’s commitment to the Middle East as part of its long-term strategy. Article content Nasser has led the world’s biggest oil producer since 2015, including overseeing its public listing, and provides BlackRock with “a […]
Jul 17

Schwarzenegger Came to Washington to Talk Climate Change With McCarthy, White House

Article content (Bloomberg) — Former California Governor Arnold Schwarzenegger met with House Speaker Kevin McCarthy and other top Republicans to discuss climate-change policy amid a summer of record-breaking heat waves and wildfires, according to people familiar with the matter. Article content The meeting, which took place Friday in McCarthy’s Washington office with more than a […]
Jul 16

EU Signs Deal With Tunisia for Migration, Trade Ties

Article content (Bloomberg) — Tunisia and the European Union signed a partnership to strengthen cooperation on migration policy that could become a blueprint for curbing deadly migrant journeys across the Mediterranean Sea.  Key to the pact is support to develop Tunisia’s economy. Article content “We will cooperate on border management, anti-smuggling, return and addressing root […]