Article content India’s Maharashtra has entered a $2.5 billion partnership with Taiwan’s Gogoro Inc and a local automotive systems supplier to build electric vehicle (EV) battery-swapping and charging stations in the state, the parties said on Tuesday. The Indian company, Belrise Industries Ltd, and Gogoro will form an equal-stakes joint venture and invest the amount […]
Article content LONDON — Pan-European stock exchange Euronext will shift clearing of derivatives trading to its new clearing arm in Italy by the third quarter of next year, it said on Monday, to compete directly with London Stock Exchange Group and Cboe. Euronext currently clears its derivatives transactions at LCH SA, owned by London Stock […]
Article content Oil prices slipped on Monday but were holding near their highest this month as easing COVID restrictions in China raised hopes of a demand recovery in the world’s top crude importer. Brent crude fell $1.04, or 1.2%, to $84.24 a barrel by 1751 GMT. Article content U.S. West Texas Intermediate crude was down […]
Article content DAVOS — Climate activists protested in Davos on Sunday against the role of big oil firms at this week’s World Economic Forum (WEF), saying they were hijacking the climate debate. Major energy firms including BP, Chevron and Saudi Aramco are among the 1,500 business leaders gathering for the annual meeting in the Swiss […]
Breadcrumb Trail Links PMN Business Article content WASHINGTON — House of Representatives Speaker Kevin McCarthy said on Sunday he believes Democrats would agree to cap government spending to avoid a U.S. debt default and he wants to discuss the idea with President Joe Biden. Republicans now in control of the House have threatened to use […]
Breadcrumb Trail Links PMN Business Article content DUBAI/LONDON — Iran has executed a British-Iranian national who once served as its deputy defense minister, its judiciary said, defying calls from London and Washington for his release after he was handed the death sentence on charges of spying for Britain. Britain, which had declared the case against […]
Article content Syrian foreign minister Faisal Mekdad said on Saturday that Turkey would have to end its military presence in his country to achieve a full rapprochement. “We cannot talk about resuming normal ties with Turkey without removing the occupation,” he said after meeting his Iranian counterpart in Damascus. Article content Turkey has been a […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Tsvetelia Tsolova Published Jan 13, 2023 • 2 minute read Join the conversation Article content SOFIA — Four Bulgarians have been charged with participating in an organized crime group set up to launder money and commit tax and computer fraud, investigators and prosecutors […]
Breadcrumb Trail Links PMN Business Article content U.S. natural gas futures fell about 4% to an 18-month low on Friday on rising output and forecasts for heating demand to remain low and the weather to stay warmer-than-normal for another week, Financial Post Top Stories Sign up to receive the daily top stories from the Financial […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Lucia Mutikani Published Jan 13, 2023 • 4 minute read Join the conversation Article content WASHINGTON — U.S. consumers are becoming more confident that price pressures will ease considerably over the next 12 months, with a survey on Friday showing their one-year inflation expectations falling […]