Wednesday , 17 December 2025

Recent Posts

Oil slumps as Norway strike ends after successful talks

Bloomberg Crude prices slid after oil workers in Norway called off a strike that had shut down about 8% of the country’s production. Futures in London and New York both fell over 1%. The settlement will restore production at six fields already shut down by the dispute and prevent an escalation to another six. It also averts the shutdown of …

Read More »

EU wants to use green stimulus to clean up CO2-spewing buildings

Bloomberg The European Union (EU) wants to at least double the pace of renovation of homes and offices over the coming decade in a bid to save more energy and meet stricter climate goals under a sweeping green overhaul. The Renovation Wave strategy, to be unveiled by the European Commission on Wednesday, will outline steps needed to accelerate upgrades of …

Read More »

Apollo wins $1b Aeromexico bankruptcy loan approval

Bloomberg Apollo Global Management Inc won court approval to provide a $1 billion bankruptcy loan for Grupo Aeromexico SAB, paving the way for the airline to proceed with its restructuring plans. The decision resolves a clash between Apollo and a group of bondholders while bolstering Aeromexico’s efforts to weather an unprecedented collapse in air travel. The disagreement had prompted a …

Read More »