Cash-Rich Gulf Funds Splurge on Mega Deals as Liquidity Dries Up
[ad_1] Breadcrumb Trail Links PMN Business When liquidity evaporated from world markets in 2008, the Gulf’s richest monarchies stepped in to lap up everything from stakes in western lenders such…
Germany ‘on Brink of Recession’ as Business Confidence Plunges
[ad_1] Breadcrumb Trail Links PMN Business German business confidence deteriorated to the worst level since the early months of the pandemic on growing concerns that record inflation and limited energy…
The 150% Energy-Price Shock Waiting for the Next UK Leader
[ad_1] Breadcrumb Trail Links PMN Business Houshold bills are set to surge again in October Author of the article: Bloomberg News Rachel Morison 0z8)m{cl]d}jvsiek4e18m5}_media_dl_1.png Bloomberg RSS Article content (Bloomberg) —…
Summers Says Fed Needs to Take Strong Action to Curb Inflation
[ad_1] Breadcrumb Trail Links PMN Business (Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Author of the article: Bloomberg News Isabelle Lee Publishing date:…
French Minister Outlines Plan to Save Energy Amid Crisis
[ad_1] Breadcrumb Trail Links PMN Business (Bloomberg) — The French government is doubling down on calls to save energy amid rising prices and the war in Ukraine. Author of the…
The Pound’s Woes Run Deep, Whether It’s Truss or Sunak in No. 10
[ad_1] Breadcrumb Trail Links PMN Business (Bloomberg) — Author of the article: Bloomberg News Libby Cherry and David Goodman Publishing date: Jul 24, 2022 • 51 minutes ago • 4 minute…
UK’s Outsider Economists Question Radicalism of Trussonomics
[ad_1] Breadcrumb Trail Links PMN Business The one thing UK Foreign Secretary Liz Truss insists she will not be in the Conservative Party leadership run-off against former Chancellor of the…
What Corporate Britain Can Reveal About the State of the Economy
[ad_1] Breadcrumb Trail Links PMN Business Almost two thirds of UK blue-chip companies will update the market over the next three weeks, as earnings season reaches fever pitch. While Square…
Ukraine Latest: Zelenskiy Says $10 Billion in Grain Available
[ad_1] Breadcrumb Trail Links PMN Business The Pentagon is looking into the feasibility of providing fighter jets to Ukraine, a move previously seen as off-limits for fears Ukraine would expand…
Europe Frets With Gas Flows Still at Risk After Pipeline Restart
[ad_1] Breadcrumb Trail Links PMN Business Europe is again on edge about potential gas supply disruptions from Russia, even after the restart of the crucial Nord Stream pipeline following maintenance…
Coal-Rich Poland Rushes to Imports as Russian Sanctions Bite
[ad_1] Breadcrumb Trail Links PMN Business Poland, the European Union’s top coal producer, is scrambling to fill a potential deficit of the fuel ahead of winter as a ban on…
New Zealand Inflation Outpaces Forecasts at Fresh 32-Year High
[ad_1] Breadcrumb Trail Links PMN Business New Zealand inflation accelerated more than economists expected in the second quarter to a fresh 32-year high. Author of the article: Bloomberg News Matthew…
Sasol Outage Means All South African Oil Refineries Are Now Shut
[ad_1] Article content Sasol Ltd., South Africa’s largest fuel producer, declared force majeure on the supply of petroleum products due to delays in deliveries of crude to the Natref refinery…
Climate Projects Need Public Backing, Achieve Positive Returns
[ad_1] Breadcrumb Trail Links PMN Business (Bloomberg) — Banks need more backing from the public sector to manage risks from climate-related projects while such contracts should provide returns, said a…
Sweden Prefers Steel Over Bitcoin Miners as Power Gets Scarce
[ad_1] Breadcrumb Trail Links PMN Business Sweden has a choice to make: Provide electricity for job-creating projects such as steel plants or devote more capacity to the Bitcoin miners that…
End of Coal Ban Would Stabilize China Relations, Australia Says
[ad_1] Breadcrumb Trail Links PMN Business Any move by China to end a near two-year ban on Australian coal imports would be a key step in restoring ties between the…
Saudis Say Oil Decisions Are for OPEC+ as Biden Leaves Kingdom
[ad_1] Breadcrumb Trail Links PMN Business Saudi ministers insisted that oil policy decisions would be taken according to market logic and within the OPEC+ coalition, just as US President Joe…
Governments Risk Undoing Central Bank Inflation Fight, IMF Says
[ad_1] Breadcrumb Trail Links PMN Business (Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Author of the article: Bloomberg News Michelle Jamrisko Pallets of…
Charting the Global Economy: Odds Recede for Bigger Fed Hike
[ad_1] Breadcrumb Trail Links PMN Business US longer-term inflation expectations cooled and higher prices were largely responsible for a healthy gain in the value of retail sales, prompting investors to…
Ukraine Latest: Russia Continues to Strike Far From Front Lines
[ad_1] Breadcrumb Trail Links PMN Business Russian airstrikes continued far from the front lines, even as military analysts said Moscow’s offensive operations in eastern Ukraine are scaled back for now.…