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The author and editors take ultimate responsibility for the content. A floating-rate note (FRN) is an interest-bearing debt security with an interest rate that can change, or float, over time.

At its core, an FPSO facilitates the processing and storage of oil and gas at sea. It stands for floating production storage and offloading (FPSO). These vessels are used extensively by the offshore ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

Forecast issued at 4:30 pm EDT on Friday 3 January 2025. Sunny. Light winds becoming northwest to northeasterly 15 to 20 km/h in the morning then tending northwest to southwesterly in the early ...