Gleni - Sanjeev’s Gupta’s settlement with creditors owed hundreds of millions of pounds hangs in the balance after the South Australian government placed one of his steelworks into administration last month. - gleni
Hot temperatures and rising demand for air conditioning are on Bloomberg Green’s radar today.
It’s been a banner year for high-yield municipal bonds, and in particular the category’s star money manager, John Miller, who joined First Eagle Investments in January after nearly three decades at Nuveen.
BlackRock Inc. said it’s writing down the value of one of its flagship renewable funds after two key investments for the vehicle collapsed, and it’s enlisting executives from its recently acquired Global Infrastructure Partners business to help turn around performance.
Group of Seven nations are exploring ways to toughen the price cap on Russian oil as they seek to better target Moscow’s ability to fund its war against Ukraine, according to people familiar with the matter.
Last week’s power price spikes highlight the need for reforms in Europe’s electricity market, Norwegian Prime Minister Jonas Gahr Store said in an interview.
The EV maker pledged to adopt a neutral stance on UAW efforts to organize its factory workers, contingent upon the company becoming profitable.
Bond-market veteran Bob Michele says there’s one scenario investors aren’t fully prepared for in 2025: the calmest Treasury market in nearly a decade.
The current contract to ship Russian gas via Ukraine to Europe will not be renewed as Kyiv has refused to extend it beyond its expiry at the end of this month, President Vladimir Putin said Thursday.
A winter storm is poised to drop snow on New York City and surrounding areas later this week, threatening to snarl holiday travel plans.
China’s move to ban exports of niche metals to the US is creating opportunities for Canadian producers — though tariff threats by the incoming Trump administration may limit their prospects.
The prime minister of Libya’s internationally recognized government said he wouldn’t accept that Russian weapons be moved from Syria to the divided North African nation, Sky News Arabia reported.
Post-election protests rocking Mozambique since late October have interrupted trade and hampered a major aluminum smelter, with the southeast African nation braced for more disruption next week.
Repsol SA has secured €348 million ($362 million) of financing for clean energy projects in Spain from banks including Credit Agricole SA, as part of its drive to diversify away from fossil fuels.
UK City Minister Tulip Siddiq denies any involvement in allegations of corruption being investigated in Bangladesh, where her aunt, Sheikh Hasina, served as prime minister until earlier this year.
Tech investors will remember 2024 as a year in which the artificial intelligence trade gained even more steam and giants like Nvidia Corp. and Meta Platforms Inc. carried the S&P 500 for the second time in a row.
