Tag: PMN Economy

Apr 19

Wheat eases after rally with Black Sea newsflow in focus

Article content PARIS/SINGAPORE — Chicago wheat fell on Wednesday after a three-session rally as participants digested developments regarding exports from Ukraine, including a deal on grain transit via Poland, while assessing rain forecasts for parched U.S. wheat belts. Corn and soybeans also eased as the market monitored the U.S. weather outlook after a mixed start […]
Apr 11

Norway’s sovereign fund opposes Ferrovial’s move to the Netherlands

Article content MADRID — Norway’s sovereign fund will oppose Ferrovial’s plan to relocate to the Netherlands at the Spanish engineering company’s shareholders’ meeting this week, after the Spanish government criticized the proposal put forward by the board. The $1.4 trillion fund, which holds a 1.49% stake in Ferrovial, said on its website it would vote […]
Apr 8

Virgin Orbit’s would-be white knight and a $200 million rescue that fell flat

Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Joey Roulette and Kevin Krolicki Published Apr 08, 2023  •  5 minute read Join the conversation Article content As the fortunes of Richard Branson’s Virgin Orbit were crashing to Earth last month, a little-known investor called Matthew Brown appeared offering a $200 million […]