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HomeFinance

Finance

Next Geosolutions
Finance

Next Geosolutions expands fleet with MPSV acquisition

December 11, 2024 Mariel Alumit

Beitveit Holding Marine geoscience and offshore construction support player Next Geosolutions (NextGeo) is expanding its fleet with the acquisition of a multipurpose survey vessel (MPSV) from Norway’s Beitveit Holding. The Milan-listed company, part of Naples-based […]

Electrical Generation / Utilities

Biden vs. Trump Policies

December 11, 2024 Andy Del Prado

Daily Standup Top Stories Biden Defends Economic Record, Says Trump Plans Threaten Growth December 10, 2024 Clark Savage ENB Pub Note: We all know that Joe voted for President Trump, but I did not have him […]

GM Robo Taxi created by Grok on X
Electric Vehicles

GM Shuts Down its Misbegotten Robotaxi Money-Pit after Acquiring Cruise in 2016 and then Blowing $10 Billion on It

December 10, 2024 Mariel Alumit

Cruise was supposed to generate $50 billion in revenues by 2030, according to GM’s former hype, which Wall Street ate up. By Wolf Richter for WOLF STREET. General Motors announced Tuesday afternoon, after blowing $10 billion on its […]

ENB Pub Note

Biden Defends Economic Record, Says Trump Plans Threaten Growth

December 10, 2024 Clark Savage

ENB Pub Note: We all know that Joe voted for President Trump, but I did not have him defending his economic record on my bingo card this week. If you have listened to the ENB […]

AI

Stop Coal Power Plant Shutdowns

December 10, 2024 Mariel Alumit

Stop the ‘green hallucinationists’ plan to close all 200 coal power plants. December 9, 2024 Clark Savage America continues to subsidize the development of occasionally generated electricity from weather dependent wind turbines and solar panels, to […]

NFE
Finance

New Fortress completes second step of $2.7 billion bond issue

December 9, 2024 Mariel Alumit

NFE announced on Monday the completion of the private exchange of $1.5 billion new senior secured notes for more than two-thirds of each of the company’s outstanding senior secured notes maturing in 2026 and 2029. […]

McDermott
Finance

McDermott wraps up sale of CB&I to Mason Capital-led consortium

December 9, 2024 Mariel Alumit

The consortium of financial investors led by Mason Capital Management includes IES Holdings, Nut Tree Capital Management, 683 Capital Management, First Pacific Advisors, and other investors. Under the terms of the agreement announced in October, […]

Used-Vehicle
Finance

Used-Vehicle Prices Turn into Inflation Headwind, after Historic 2-Year Plunge Helped Power the “Deceleration” of Core CPI

December 7, 2024 Mariel Alumit

Prices are rising again, amid tight supply, sharply reduced flow through the used-vehicle pipeline, and strong demand. By Wolf Richter for WOLF STREET. Prices of used vehicle sold at auctions across the US jumped by 1.3% in November […]

Russian bank
Finance

EU countries pushing back against US sanctions on Russian bank – Bloomberg

December 7, 2024 Mariel Alumit

The latest American restrictions cut off the last way for the bloc to pay Moscow for gas supplies The EU is pressuring the US to ease sanctions on Russia’s Gazprombank, which until recently was used […]

BRICS

Week Recap: LNG, Dollar Diplomacy, and Net-Zero Debates

December 7, 2024 Andy Del Prado

Weekly Daily Standup Top Stories Trump threatens BRICS December 1, 2024 Clark Savage ENB Pub Note: If the Biden-Harris administration had not weaponized the US Dollar in such a criminal pattern, BRICS would not have gained […]

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