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npub1frx6...aq40 1 year ago
Europe’s Dark, Windless Days Show Risk of Its Renewables Rollout Europe’s power prices soared to levels last seen during the energy crisis this week. Only it wasn’t a war or other geopolitical events that caused it, but the dark, windless weather that is all too common during winter. #press
Bloomberg.com
Europe’s Dark, Windless Days Show Risk of Its Renewables Rollout
Europe’s power prices soared to levels last seen during the energy crisis this week. Only it wasn’t a war or other geopolitical events that cau...
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npub1frx6...aq40 1 year ago
El Salvador Bonds Soar After Bukele Signals Zero Deficit El Salvador’s sovereign debt jumped Monday after President Nayib Bukele said the 2025 budget wouldn’t involve issuing new debt, signaling his plans for fiscal austerity, a key step in unlocking a long-awaited program with the International Monetary Fund. #press
Bloomberg.com
El Salvador Bonds Soar After Bukele Signals Zero Deficit
El Salvador’s sovereign debt jumped Monday after President Nayib Bukele said the 2025 budget wouldn’t involve issuing new debt, signaling his p...
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npub1frx6...aq40 1 year ago
Falling Pump Prices Blunt Trump’s Inflation Attacks on Harris Steadily falling gasoline prices are providing a tailwind for US Vice President Kamala Harris’ campaign for the nation’s highest office as Donald Trump seeks to rile inflation-weary consumers by attacking her record on energy. #press
Bloomberg.com
Falling Pump Prices Blunt Trump’s Inflation Attacks on Harris
Steadily falling gasoline prices are providing a tailwind for US Vice President Kamala Harris’ campaign for the nation’s highest office as Dona...
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npub1frx6...aq40 1 year ago
The Rise of Small Language Models to Cut AI Costs For years, the likes of Google and OpenAI have been racing to build ever bigger and costlier AI models using a tremendous amount of online data - think chatbots like ChatGPT, which can handle a wide range of complex queries. But some startups are now betting on a different strategy: small language models,... #press
The Rise of Small Language Models to Cut AI Costs
For years, the likes of Google and OpenAI have been racing to build ever bigger and costlier AI models using a tremendous amount of online data - t...
npub1frx6...aq40 1 year ago
Charting the Global Economy: Fed Holds; BOJ Leaves Yen at Risk Federal Reserve officials penciled in just one interest-rate cut this year and forecast more reductions for 2025, reinforcing policymakers’ calls to keep borrowing costs high for longer to suppress inflation. #press
Bloomberg.com
Charting the Global Economy: Fed Holds; BOJ Leaves Yen at Risk
Federal Reserve officials penciled in just one interest-rate cut this year and forecast more reductions for 2025, reinforcing policymakers’ calls...
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npub1frx6...aq40 1 year ago
Ukraine Mulls Drafting Convicts to Replenish War-Battered Troops Ukrainian lawmakers plan to consider a bill that would allow prison inmates to join the war effort as the nation seeks ways to bolster manpower on the front lines after recent Russian advances. #press
Bloomberg.com
Ukraine Considers Drafting Convicts to Replenish War-Battered Troops
Ukrainian lawmakers plan to consider a bill that would allow prison inmates to join the war effort as the nation seeks ways to bolster manpower on ...
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npub1frx6...aq40 1 year ago
Goldman Hybrid Capital Americas Co-Head Lee Becker Exits Goldman Sachs Group Inc. veteran Lee Becker, who was co-head of Hybrid Capital Americas in the firm’s asset- and wealth-management arm, has left after more than 17 years, according to people with knowledge of the matter. #press
Bloomberg.com
Goldman Hybrid Capital Americas Co-Head Lee Becker Exits
Goldman Sachs Group Inc. veteran Lee Becker, who was co-head of Hybrid Capital Americas in the firm’s asset- and wealth-management arm, has left ...
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npub1frx6...aq40 1 year ago
ECB Official’s Climate Comments Draw Rebuke From Staff Committee European Central Bank staff said they were “shocked” by remarks by one of the institution’s top officials on how to approach climate change, urging President Christine Lagarde and her colleagues to rethink their leadership style. #press
Bloomberg.com
ECB Official’s Climate Comments Draw Rebuke From Staff Committee
European Central Bank staff said they were “shocked” by remarks by one of the institution’s top officials on how to approach climate change, ...
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npub1frx6...aq40 1 year ago
Generational Opportunity in Commercial Real Estate Nadeem Meghji, Blackstone Global Co-Head of Real Estate is seeing a generational buying opportunity in commercial real estate as demand grows for data centers and warehouses. He also announces a key milestone for Blackstone's BREIT. (Source: Bloomberg) #press
Generational Opportunity in Commercial Real Estate
Nadeem Meghji, Blackstone Global Co-Head of Real Estate is seeing a generational buying opportunity in commercial real estate as demand grows for d...
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npub1frx6...aq40 1 year ago
Bitcoin Hits $49,000 as US ETF Trading Starts Bitcoin pared gains after hitting $49,000, with trading commencing for the first US exchange-traded funds that invest directly in the cryptocurrency. James Seyffart of Bloomberg Intelligence and Bloomberg's Emily Graffeo discuss. (Source: Bloomberg) #press
Bitcoin Hits $49,000 as US ETF Trading Starts
Bitcoin pared gains after hitting $49,000, with trading commencing for the first US exchange-traded funds that invest directly in the cryptocurren...
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npub1frx6...aq40 2 years ago
Malaysian Glovemakers Jump as Covid Cases Rise in Southeast Asia Top Glove Corp., the world’s biggest glovemaker, led a rally of peers in Malaysia as Covid-19 cases surged in Southeast Asia to raise expectations of increased demand for medical gear. #press
Bloomberg.com
Malaysian Glovemakers Jump as Covid Cases Rise in Southeast Asia
Top Glove Corp., the world’s biggest glovemaker, led a rally of peers in Malaysia as Covid-19 cases surged in Southeast Asia to raise expectation...
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