Page 48 - Michael Tobin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Publishing date: Feb 21, 2021  •  February 21, 2021  •  7 minute read  •  Article content (Bloomberg) — The urgent phone calls came over the holiday weekend: traders of natural gas needed more money, and fast. Temperatures were starting to plummet across the central U.S. Prices for the heating fuel had skyrocketed 300-fold to levels nobody had thought possible. This would later prove to be the precursor of one of the worst energy crises the nation had seen, plunging millions into darkness for days amid a deadly deep freeze. We apologize, but this video has failed to load. Try...

By Sergio Chapa and Michael Tobin (Bloomberg) — Right now there are no liquefied natural gas tankers docked and loading at any of the six U.S. export terminals for the first time since global demand for the superchilled power-plant fuel crashed in August. That’s a highly unusual situation for the world’s third-largest shipper and an indication of how far LNG trade flows have been upended by the recent freeze. Shipping data compiled by Bloomberg shows the absence of vessels after two tankers left U.S. terminals Thursday. The last time no vessels were at any U.S. port was in late August,...

Bernard Arnault helps Europe jump aboard the Spac bandwagon The market for 'blank cheque' firms has got off to a slow start on this side of the Atlantic – but it is growing 17 February 2021 • 6:00am Bernard Arnault, one of the world’s wealthiest men, amassed his fortune through savvy M&A deals over a four-decade-long career, so it should come as little surprise that the LVMH boss is taking the European lead on the latest dealmaking craze: special purpose acquisition vehicles – or “Spacs”.  Spacs are types of “blank cheque” firms typically listed as a cash shell on a stock e...

ESG Core Rises in Europe’s First Sustainable SPAC Listing Bloomberg 2/12/2021 Swetha Gopinath © Bloomberg Financial traders monitor data on the trading floor inside the Amsterdam Stock Exchange, operated by Euronext NV, in Amsterdam, Netherlands, on Tuesday, June 16, 2020. For two years in a row, Europe’s largest stock-market listings have taken place in Amsterdam, which has beguiled companies with a deep pool of international investors and corporate governance norms that tilt in favor of management teams. (Bloomberg) -- ESG Core Investments BV rose in its Amsterdam t...

The unprecedented Arctic blast that has gripped the U.S. for much of the week has paralyzed natural gas pipelines, brought deadly ice storms to Houston