Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Lewis Krauskopf Publishing date: Dec 11, 2022 • 8 minutes ago • 3 minute read Join the conversation Article content NEW YORK — A double dose of potentially market-moving U.S. events next week could set the tone for asset prices in the rest of […]
Article content Sempra Infrastructure, a unit of California energy company Sempra Energy, will greenlight a project to build a natural-gas export terminal on the U.S. Gulf Coast by early next year, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The project is the first phase of Port Arthur LNG, the […]
Article content Sodexo expects its operating profit margin to rise to over 6% in 2025 as more companies outsource their catering and benefits needs and the French food services group boosts its voucher business to meet more demanding employees’ expectations. The company delivered a 5% margin in its last fiscal year and last week forecast […]
Article content LONDON — Ithaca Energy’s plans to launch an initial public offering (IPO) on the London Stock Exchange next week could value the North Sea oil and gas producer at up to 3.1 billion pounds, making it London’s largest IPO this year. Shares in the company – owned by Tel Aviv-listed Delek Group – […]
Article content UK’s incoming National Lottery operator Allwyn Entertainment is in talks to buy former operator Camelot’s UK operations, the companies said in a joint statement on Saturday. An agreement could be struck in the coming weeks, with a deal valued by up to 100 million pounds ($116.10 million), Sky News reported, citing sources. Article […]
Article content ZURICH — Credit Suisse did not tap the Swiss National Bank for extra liquidity when it was experiencing outflows during market turbulence early this month, its finance chief said on Thursday. Asked at a news conference if Switzerland’s central bank had lent any assistance during that period, CFO Dixit Joshi said: “The answer […]
Article content MOSCOW — The rouble reversed early losses to edge up on Wednesday, drifting back towards the 61 mark against the dollar as the finance ministry held OFZ treasury bond auctions and Russia’s benchmark stock index retreated from a more than one-month high. By 1325 GMT, the rouble was 0.2% stronger against the dollar […]
Article content Canada’s main stock index opened higher on Wednesday as commodity prices gained, while investors waited for an interest rate decision from the country’s central bank amid expectations of another jumbo increase. At 09:32 a.m. ET (13:32 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 66.96 points, or 0.35%, at 19,163.97. (Reporting […]
Article content MILAN — U.S.-based Global Infrastructure Partners (GIP) is in exploratory talks with Italian shipping group MSC for a possible investment in GIP’s railway operator Italo, two Italian newspapers reported on Saturday. The infrastructure fund bought Italo, which runs the popular Rome-Milan route among others, for around 2 billion euros ($1.94 billion) back in […]
Article content ALMATY — Kazakhstan’s daily crude output has fallen by about 20,000 tonnes per day this week due to lower production at the giant Tengiz field, the Central Asian nation’s Energy Ministry said on Wednesday. The ministry did not explain why Chevron-led Tengizchevroil (TCO) venture has cut production. Scheduled maintenance at the field ended […]