Recent Posts

Swedish election heads for gridlock

Bloomberg Sweden’s political establishment is bracing for a punishing on Sunday as voters in the largest Nordic economy look poised to turn out for a nationalist party in big numbers. The two traditional political blocs are running neck-and-neck, but will be far from winning a majority with anti-immigration Sweden Democrats gaining backers. The ruling Social Democrats could suffer the worst ...

Read More »

Odds rising Florence will strike US East Coast next week

Bloomberg Tropical Storm Florence is poised to strengthen as it swirls deep in the Atlantic Ocean and moves towards the US East Coast. The storm is about 905 miles (1,460 kilometres) southeast of Bermuda, with winds of about 65 miles per hour, the US National Hurricane Center said in a bulletin. It’s on pace to hit the US on Thursday, ...

Read More »

Permian oil auction receives record $1bn as bidding soars

Bloomberg The price to access unexplored shale assets on the New Mexico side of the Permian Basin soared to $95,001 an acre in a federal government auction, a record high for North America’s biggest oil field. The state’s previous record was $40,001 an acre set in December, according to a statement by the US Department of the Interior. Overall, the ...

Read More »
Send this to a friend