Inside ‘Project Eagle,’ JPMorgan’s High-Wire Act to Fund EA Deal
(Bloomberg) — The post from @realDonaldTrump landed at precisely 7:23 a.m. Inside JPMorgan Chase & Co., the final piece of Project Eagle was a go. Read More
Iran-Backed Houthis Join War as More US Troops Reach Middle East
(Bloomberg) — Houthi militants launched ballistic missiles at Israel on Saturday morning, marking their entry into the month-long Iran war that has already caused chaos in energy markets and killed thousands of people. Read More
Oil Surge Elicits Tough Love From Trump’s Latin American Allies
(Bloomberg) — Latin American governments from Panama to Chile that politically aligned themselves with Donald Trump are now absorbing a hit from the global oil-price surge triggered by their US ally’s war on Iran. Read More
Dip-Buyers Arrive to Pull Gold Back From Brink of a Bear Market
(Bloomberg) — Opportunistic buyers are starting to emerge in the gold market after the biggest selloff in years, helping to keep bullion’s record-breaking three-year bull run intact. Read More
JPMorgan’s Institutional Clients Are Asking About Climate Tipping Points
(Bloomberg) — JPMorgan Chase & Co.’s institutional clients have started paying more attention to so-called tipping points, with a particular focus on the extent to which weaker Atlantic currents might be making winters in northwestern Europe colder. Read More
Trump Officials in Talks With Wind Developers to Buy Back Leases
(Bloomberg) — The Trump administration is talking with some offshore wind developers about buying back the leases they purchased from the federal government years ago to develop energy projects along the US coast. Read More
‘A new floor for oil’: Prices expected to be higher for longer, potentially unlocking new spending
Canadian oil and gas executives and industry veterans who gathered in Houston this week for the world’s largest energy conference said the mood was far from celebratory. This, despite oil prices surging roughly 40 per cent this month and tentative signs Canadian pipeline projects may be gaining momentum. Read More