Breadcrumb Trail Links PMN Business Author of the article: Bloomberg News Golnar Motevalli and Arsalan Shahla Article content (Bloomberg) — World powers working to end the standoff between Iran and the U.S. are due to reconvene Sunday amid signs of a thaw that may lead to a revival of the 2015 nuclear deal and reduce
Energy
Breadcrumb Trail Links PMN Business Author of the article: Bloomberg News Grant Smith and Julian Lee Article content (Bloomberg) — The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing producers but vexing consumers. Barely a fifth of the surplus that flooded into the storage
Breadcrumb Trail Links PMN Business Author of the article: Bloomberg News Abeer Abu Omar Article content (Bloomberg) — Saudi Arabia’s latest economic plan comes with a big risk: while it might help boost investment, it could also hit the government’s finances. Crown Prince Mohammed bin Salman wants the kingdom’s biggest companies — including oil giant
Breadcrumb Trail Links PMN Business Author of the article: Bloomberg News Craig Stirling Article content (Bloomberg) — Europe’s late but accelerating vaccination push is allowing monetary officials to begin pondering an economic future free of the curse of the coronavirus. While European Central Bank policy makers will reiterate existing emergency stimulus settings with a horizon
Breadcrumb Trail Links PMN Business Author of the article: Bloomberg News Golnar Motevalli and Arsalan Shahla Article content (Bloomberg) — World powers made further progress in their efforts to end a years-long standoff between Iran and the U.S. over the fate of the 2015 nuclear deal, as the Islamic Republic said a “new understanding” was