Fatih Birol, the head of the International Energy Agency (IEA), underscored the indispensable role of nuclear power in achieving global climate objectives during a statement on Thursday. This assertion aligns with a growing consensus that nuclear energy is crucial for decarbonization efforts worldwide. […]
From 2023 to 2024, the investment in smelters in Indonesia is projected to amount to $11.6 billion (Rp 182.3 trillion) for the development of 16 smelters. During a parliamentary hearing in Jakarta on Tuesday, the Acting Director General of Minerals […]
LONDON, March 19 (Reuters) – Hedge funds are piling into the euro zone’s $10 trillion government bond market, scenting opportunities as funding needs surge and the European Central Bank retreats. The funds are buying a large share of government debt […]
Amid evolving economic indicators, Switzerland’s government has made a notable adjustment to its inflation expectations for 2024, setting the stage for possible monetary policy shifts. This decision arrives as the Swiss National Bank (SNB) prepares for its upcoming policy review, with analysts […]
Unilever, a global consumer goods powerhouse, has announced a strategic move to spin off its lucrative ice cream business, which includes iconic brands such as Ben & Jerry’s, Magnum, and Cornetto, by the end of 2025. This division, responsible for a […]
Hindenburg Research, known for its sharp critiques and short-selling strategies, has once again made headlines by targeting business magnates Carl Icahn and Gautam Adani, causing significant ripples in the stock market. The New York-based firm, led by Nate Anderson, is […]
Struggling Chinese property giant Evergrande and its founder, Hui Ka Yan, have been thrust into the spotlight once again, accused of a staggering $78bn fraud in the years leading up to the firm’s default on its massive debts. In a […]
NEW YORK, March 18 (Reuters) – Donald Trump has so far been unable to obtain a bond that would allow him to appeal a $454 million judgment against him in a New York civil fraud case without posting the full […]
LONDON, March 18 (Reuters) – European venture capital-backed companies are signing up to increasingly complex convertible debt deals which risk giving investors more control or bigger payouts further down the road, people involved in the deals told Reuters. Ultra-low interest […]
March 14 (Reuters) – Altria Group (MO.N), opens new tab expanded its share buyback program by $2.4 billion and raised its annual profit forecast on Thursday, after the Marlboro maker agreed to sell about 10% of its stake in brewer Anheuser-Busch InBev (ABI.BR), […]
