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AM Green to buy 17.5% stake in Greenko from Orix for $1.28 billionOrix Corporation will sell its 17.5% stake in Greenko Energy to AM Green for $1.28 billion, while investing $731 million in AM Green's conv...- Greenko founders buy Orix Corp's 20% in Greenko Energy for $1.3 bnAM Green BV will acquire Orix Corp's 17.5% stake in Greenko Energy Holdings for USD 1.28 billion. Orix will also invest in AM Green. This d...
- A $43 billion fund with its high-stakes bets is gambling with Europe’s climate goalThe European Union's Innovation Fund, a 40 billion euros ($43 billion) investment initiative, has experiened early setbacks. These challeng...
- Cocoa’s relentless rally is pushing the market to breaking pointCocoa futures have surged as poor harvests in West Africa, where most of the world’s beans are grown, sparked a third year of shortages.
- Petronas, Singapore’s GIC, Greenko founders set to invest $2 bn in new green platform AM GreenTo set up 5 MTPA green ammonia facilities; aims to be among lowest-cost producers of green H2, molecules etc. Once concluded this will be t...
- BP, Petronas in race to invest up to $2 billion in Greenko founders’ new platformThe new platform is planning to produce 4-5 MTPA of green ammonia, green methanol and electrolysers at Kakinada in Andhra Pradesh, incurrin...
- View: Want to save the planet? Re-Industrialize through renewablesInstead of focusing on degrowth, China and India are prioritizing technology to enable people to aspire to a more prosperous life next year...
- European shares fall at open as recession risks weighThe World Bank said late on Thursday that the global economy might be inching toward a recession as central banks aggressively tackle stick...
- European shares extend selloff on soaring energy prices; recession fearsThe pan-European STOXX600 fell for a third straight session, down 0.2% to hover near one-month lows. Energy was one of the only few sectors...
- Natural gas soars 700%, becoming driving force in the new Cold WarIt’s the war in Ukraine that catalyzed the gas crisis to a new level, by taking out a crucial chunk of supply. Russia is cutting back on pi...
- European shares face worst quarter since pandemic-led carnage in early 2020The STOXX 600 fell for a second straight day after global central bank chiefs said bringing down high inflation around the world will be pa...
- Gas rationing now a real prospect for the European UnionWith European utilities forced to tap reserves intended to cover needs for the winter, government controls of gas distribution could start ...
- Has sanctioning Russia worked? Oil, gas sales put $285 billion in Putin's pocketFor years, Russia has acted as a vast commodity supermarket selling what an insatiable world has needed: Not just energy, but wheat, nickel...
- Stocks in the news: Divi's Labs, SBI Life, ZEEL, IRCTC, Bharti Infratel, Hindalco and PNBThe dedicated bankruptcy court has decided to appoint an IRP in a case filed by lender State Bank of India (SBI) against Anil Ambani.
- Wipro implements blockchain platform for energy sector with UniperThe platform involves multiple peer-to-peer trading cycle participants, enables order and supply placement, delivery of goods, validation o...
- Stocks in the news: YES Bank, Petronet LNG, Cipla, RCap and Dr Reddy's LabsThomas Cook India said it is not related with UK-based Thomas Cook PLC.
- Stocks in the news: Lakshmi Vilas Bank, Nestle, YES Bank, Ramco Cement and L&T FinanceA unit of IIFL Wealth Management has agreed to acquire L&T Finance Holdings’ wealth management business.
- Stocks in the news: MSTC, Britannia, HPCL, Tata Metaliks, Adani Ports and RComPFC has completed acquisition of majority stake in REC by transferring Rs 14,500 cr to the govt.
- Bone-chilling winter from Berlin to Davos has caused an energy scrambleBlizzards, gale force winds, arctic temperatures and river ice thicker than a house has left the stewards of the European energy business f...
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