Article content (Bloomberg) — Ukraine weathered a fresh New Year’s fusillade of missile and drone strikes one day after Russian strikes damaged three schools, a kindergarten, and several private houses. Ukraine’s air defense forces said it shot down 45 drones overnight. Article content Russia and Ukraine carried out a prisoner swap on Saturday that saw […]
Breadcrumb Trail Links Oil & Gas Energy Commodities ‘It’s not pitting ourselves against any other province,’ says Grant Fagerheim of controversial bill Grant Fagerheim is the chief executive of Whitecap Resources. “We love making ourselves non-competitive,” said Fagerheim of Ottawa’s oil-and-gas emissions cap policy, which is expected to be released in 2023. Photo by Todd […]
Breadcrumb Trail Links PMN Business Buying a plot of land in rural America has never been so expensive. And that’s even with soaring interest rates. Author of the article: Bloomberg News Michael Hirtzer Published Dec 21, 2022 • 4 minute read Join the conversation kak34hc1a5u}h9xr0b2t(7j0_media_dl_1.png Bloomberg RSS Article content (Bloomberg) — Buying a plot of […]
Article content (Bloomberg) — Core Scientific Inc., one of the largest miners of Bitcoin, became the latest crypto company to file for bankruptcy as the industry reckons with a plunge in digital-asset prices. The Austin, Texas-based company listed $1.4 billion of assets against $1.33 billion of liabilities in its Chapter 11 petition, which was filed […]
Breadcrumb Trail Links PMN Business Attorneys advising asset managers say Republican attacks are less likely to succeed than lawsuits targeting inadequate climate strategies. Author of the article: Bloomberg News Alastair Marsh Published Dec 18, 2022 • 3 minute read Join the conversation A Texas Senate Committee hearing on the ESG practices of finance firms in Marshall, […]
Breadcrumb Trail Links PMN Business Germany opened its first state-chartered liquefied natural gas vessel as Europe’s largest economy races to replace Russian gas amid an energy crunch and freezing temperatures. Author of the article: Bloomberg News Michael Nienaber Published Dec 17, 2022 • 2 minute read Join the conversation Robert Habeck, Germany’s economy minister, left, […]
Breadcrumb Trail Links PMN Business Hedge fund manager Bill Harnisch, who has scored a 29% return this year, credits most of the success to a prescient call on inflation 15 months ago. If his take on consumer prices turns out to be correct again, stocks may go nowhere in coming years. Author of the article: […]
Article content (Bloomberg) — Swiss National Bank President Thomas Jordan has voiced support for Credit Suisse Group AG doing less investment banking, as the lender struggles to recover from billions in losses over the past two years, recent client defections and asset outflows with a strategy revamp. Article content “We appreciate that Credit Suisse is […]
Article content Rio Tinto Ltd. said on Friday it had completed its long drawn-out acquisition of the remaining 49 per cent stake in Turquoise Hill Resources, giving the Anglo-Australian firm a 66 per cent share of Mongolia’s Oyu Tolgoi, the world’s largest-known copper and gold deposit. Article content Turquoise Hill shareholders last week voted in […]
Breadcrumb Trail Links PMN Business Daniel Rice — a serial dealmaker and natural gas mogul — is set to take the reins of a clean-power technology company through a deal with a blank-check firm. Author of the article: Bloomberg News Crystal Tse and Matthew Monks Publishing date: Dec 14, 2022 • 0 minutes ago • 3 […]