Article content (Bloomberg) — Saudi Aramco followed oil-producing rivals by reporting blowout annual earnings and increasing its dividend, though its profit dipped in the fourth quarter as high interest rates slowed major economies. Article content The world’s biggest energy company made net income of $161 billion in 2022, the most since it listed in Riyadh […]
Breadcrumb Trail Links PMN Business France’s troubled nuclear industry is supposed to be in revival, but the discovery of further defects at some reactors this week is stoking fears that the year ahead could be just as difficult as the last. Author of the article: Bloomberg News Francois de Beaupuy, Celia Bergin and Todd Gillespie […]
Breadcrumb Trail Links PMN Business (Bloomberg) — Germany is approaching the end of the first quarter with a sense of quiet optimism that its crisis of 2022 has been consigned to history. Author of the article: Bloomberg News Craig Stirling and Harumi Ichikura Published Mar 11, 2023 • 3 minute read Join the conversation qg)9pk1hp)pbjctc4]rbpeqd_media_dl_1.png […]
Article content (Bloomberg) — European Union member states and the parliament struck an accord to increase energy efficiency across the economy as part of plans to cut emissions and diversify away from Russian oil and gas. Article content The two sides agreed to reduce energy consumption by 11.7% by the end of the decade. While […]
Article content (Bloomberg) — European Commission President Ursula von der Leyen condemned what she called Russia’s “indiscriminate” missile attacks on Ukraine and said the Kremlin’s “deliberate targeting” of civilians and energy infrastructure is a war crime. Ukrainian President Volodymyr Zelenskiy said that Russia’s “massive” missile barrage had killed six Ukrainians Thursday. It also triggered temporary […]
Article content (Bloomberg) — Norway’s inflation slowed last month more than expected, reducing the room for bets the central bank will need to opt for a stronger and longer interest-rate tightening, and prices in Denmark showed a similar trajectory. Article content Norway’s headline inflation rate declined on year to 6.3% in February, versus the median […]
Breadcrumb Trail Links PMN Business Karpowership, the Turkish company seeking to supply 1,220 megawatts of electricity to South Africa, had its environmental application to moor a ship-mounted power plant at the port of Saldanha Bay suspended after allegations that the views of small-scale fisheries were misrepresented. Author of the article: Bloomberg News Antony Sguazzin Published […]
Article content (Bloomberg) — Russia launched its first massive missile attack in almost a month early Thursday against cities across Ukraine, leaving at least five people dead and causing emergency power cut offs as well as train delays. The five were killed in their homes near Lviv in western Ukraine as a Russian missile hit […]
Breadcrumb Trail Links PMN Business As NATO allies make a show of unity in support of Ukraine, a rift between Germany and Poland risks undermining a joint effort to supply Kyiv’s forces. Author of the article: Bloomberg News Piotr Skolimowski and Natalia Ojewska Published Mar 05, 2023 • 4 minute read Join the conversation Article […]
Breadcrumb Trail Links PMN Business US futures declined along with Asian equities Thursday as Treasury yields continued to edge higher following another round of hawkish comments by Federal Reserve officials. Author of the article: Bloomberg News Brett Miller Published Mar 02, 2023 • 3 minute read Join the conversation “It’s almost impossible to argue for […]