Monday , 29 December 2025

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Nordstrom sets date for New York flagship store

Bloomberg Nordstrom Inc has set a date for the opening of its Manhattan flagship location as construction continues on the department-store chain’s biggest-ever bet. The retailer plans to throw open the doors of its seven-story, 320,000-square-foot store on West 57th Street on October 24, a spokeswoman for Nordstrom confirmed. With Nordstrom and rival Neiman Marcus both coming to town in …

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Oil rises as Opec, allies signal continued production cuts

Bloomberg Oil rose after Saudi Arabia and other Opec+ members signalled their intention to keep supplies constrained, while US President Donald Trump ratcheted up tensions with Iran. Futures in New York jumped as much as 1.7%, before paring some of those gains. Saudi Energy Minister Khalid Al-Falih urged members of Opec+ gathered in Jeddah to “stay the course” on output …

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Netherlands struggling to deal with declining LNG production

Bloomberg In the Netherlands, once Europe’s largest natural gas supplier, one of the big questions is how to deal with declining production and incre- asing reliance on imports. For hundreds of energy traders, utility executives and analysts gathering in Amsterdam for the Flame Conference, the Netherlands epit- omises the European energy security situation. Whether through pipelines from Russia or northern …

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