Siemens Energy to return up to $11.5 billion to investors on power market boom.
Siemens Energy plans to hand up to 10 billion euros ($11.5 billion) back to shareholders by the end of 2028, the group […]
HoloSolis raises $255 million to help build solar panel factory in France
French company HoloSolis has raised more than 220 million euros ($255 million) in financing to help fund construction of a solar panel […]
TotalEnergies buys €5.1bn stake in Czech tycoon’s power plants business.
The Czech billionaire Daniel Křetínský is to become one of the largest shareholders in TotalEnergies after selling a stake in his electricity […]
GMI Cloud to build $500 million AI data centre in Taiwan with Nvidia chips.
U.S.-based cloud services provider GMI Cloud said on Monday it will build a $500 million artificial intelligence data centre in Taiwan with […]
Google agrees to pay $40.2m to South African news outlets following content visibility inquiry.
Google has agreed to pay more than $40.2 million (688 million rands) to support South African news media following a finding by […]
EU Development Bank Boosts Funding for Ukraine Gas Supply
The European Union’s development bank has decided to provide additional funds to Ukraine’s state energy firm Naftogaz to secure natural gas supply […]
Norwegian Fund invests $75 million in South Africa’s energy sector.
Established in 1997 and owned by the Norwegian Ministry of Foreign Affairs, Norfund invests state-backed capital into projects that drive job creation […]
Dutch bank ABN Amro buys domestic peer NIBC Bank for $1.1 billion.
Dutch bank ABN Amro on Wednesday said that it had acquired domestic commercial lender NIBC Bank from private equity firm Blackstone, strengthening […]
World’s Financial Elite Now Prefer Dubai To New York, According To Latest Global Rankings.
In a historic shift that signals changing preferences among the world’s wealthiest individuals, Dubai has officially surpassed New York to claim the […]
Africa’s diamond powerhouses, Angola and Botswana are in talks to take over the world’s biggest mining brand.
Africa’s leading diamond powerhouses, Botswana and Angola, have opened discussions to acquire control of the world’s largest and most recognizable mining brand, […]
Vedanta invests $1.5 bn to launch CopperTech Metals, boost US copper supply.
Vedanta Resources has announced plans to launch a US-based subsidiary CopperTech Metals, which would in turn own and operate its Konkola Copper […]
Tesla shareholders approve Musk’s $1 trillion pay package.
Tesla shareholders on Thursday overwhelmingly endorsed a massive pay package for CEO Elon Musk that could reach $1 trillion. The pay package […]