Agencies Private life insurers experienced reasonable growth in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24), and the October data is also encouraging. The individual weighted received premium (WRP) for private players grew by 19.8 per cent year-on-year (Y-o-Y) in October. However, Life Insurance Corporation (LIC) of India had slower growth, pulling the

Enphase Energy Inc. said late Monday it plans to lay off 10% of its workforce, including workers and contractors in Wisconsin, as it seeks to "right-size"...

Johnson & Johnson is pumping more money into heart care with a roughly $13 billion deal for Shockwave Medical, which specializes in technology that helps open clogged arteries.

ABUJA, Nigeria (AP) — Africa’s biggest oil refinery has begun production in Nigeria, the company has said, ending a yearslong wait for a plant that analysts said Monday could boost refining capacity in a region heavily reliant on imported petroleum products.

The digital bank, owned by US giant JP Morgan, has amassed more than two million customers since launching in Britain in 2021.

The NNPC had on September 3 increased the price of petrol at its pumps from from N617 per litre to between N855 and N897.

The first cargo ship loaded with LNG will head to the Italian regasification plant in the Tuscan town of Piombino in the coming days, ENI said in a statement.

electricity

The technology firm said it will axe 17% of its workforce to be more efficient in the face of slower growth.

In a major relief to debt-ridden Pak's struggling economy, Saudi has extended the term of its USD 3 billion deposit with country's central bank for another year

STOCKHOLM — Many Western arms companies failed to ramp up production in 2022 despite a strong increase in demand for weapons and military equipment, a watchdog group said Monday, adding that labor sho

Bonuses for bums on seats is a new one for us at Vulture Towers

Until recently, chalcopyrite-based solar cells have achieved a maximum energy conversion efficiency of 23.35%, as reported in 2019 by Solar Frontier, a former Solar Energy company based in Japan. Further ...

Sri Lanka said Wednesday that it has reached an agreement in principle with a group of creditors including India and Japan on debt restructuring, a crucial move toward unlocking a second instalment of a $2.9 billion bailout package from the International Monetary Fund. The agreement with the Official Creditor Committee…

(Bloomberg) — Extreme storms and other natural disasters cost the world about $250 billion of losses last year, with less than half that amount actually covered by insurers, according to data compiled by Munich Re.

Quantistry, an innovator in the field of chemical simulations, has announced the successful closure of a €3 million funding round. This milestone, led by

Domestic demand for TMT bars to rise in India, driven by government's focus on quality infrastructure & earthquake-resistant properties.

Traditional fishermen have expressed disappointment over the budget provision of ₹180 crore for the fishing sector which they said is inadequate to address pressing issues.

A new study published in the journal Cell Reports Sustainability focuses on the air quality and climate benefits of wind and solar energy.

The grwoth is driven by enhanced online sales strategies and expanded product offerings

KUCHING (Dec 4): Sarawak’s plan to develop the Tanjung Embang’s deep seaport on artificial land encompassing industrial and technology facilities is expected to accelerate demand for Sarawak’s green energy. Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said this promising outlook

Determined to address challenges bedeviling agricultural growth in Kano, the State Agricultural and Rural Development Agency has concluded plans to recruit additional 1,000 extension workers to strengthen production and food security. Although, Kano remains one of the states with the highest number of about 1,200 agents in the country, the gradual retirement and increasing population […]

Investment firm Omidyar Network India has announced to transition out of the India market by the end of 2024, and will stop making new investments.

SEAM surged 64% in the past day after Base announced plans to scale its capacity by increasing gas limits

Significant delays, the report says, were due to uncertainty about site availability.

BENGALURU : India's Siemens Ltd will explore a spin-off of its energy business at the behest of some of its stakeholders, the electrical appliances-maker said on Monday, sending its shares to a record high.Its board also approved the incorporation of a unit in the financial hub of Mumbai, if and when the

In Latin America, specifically in Argentina, there's a burgeoning petroleum boom, largely thanks to the Vaca Muerta field, known for its substantial shale gas and oil reserves. However, this surge in ...

New Delhi, Dec 27 (PTI) French energy giant TotalEnergies has invested USD 300 million (about Rs 2,500 crore) in a renewable energy joint venture with Adani Green Energy Ltd as it continues to repose faith in the conglomerate run by billionaire Gautam Adani. The Adani group firm and the French giant will own 50:50 stake […]

New SPV introduces innovative way to provide funding to environmental commodities markets

About $80 million will be used to build new data centers in Ohio, North Carolina and Texas as part of a plan to increase the company’s total megawatts by 130% by mid-2024.

Keurig Dr Pepper's second-quarter earnings and revenue met Wall Street's expectations.

TORONTO — Rogers Communications Inc. is buying out Bell’s 37.5 per cent share of Maple Leaf Sports & Entertainment for $4.7 billion, giving it 75 per cent ownership of the sports conglomerate.

roclub, a pioneer in teleoperations aiming to transform the global healthcare landscape, today announced the close of a €4 million seed funding round led

The Government is considering a budget energy credit of possibly up to €250, it has emerged.

The money to create new allotments has come from new housing developments

Shockwave Medical makes devices to treat two main classes of heart disease.

KAMPALA, UGANDA | THE INDEPENDENT | TotalEnergies EP Uganda (TEPU) is establishing a new benchmark for sustainable energy practices as Uganda approaches its oil production phase. This was disclosed by the Company’s General Manager, Philippe Groueix, during his address at the ongoing 9th Oil and Gas Convention in Kampala. Groueix emphasized to the energy experts gathered at …

Unilever’s half-year results showed a decline in pricing growth due to deflation in some markets. Instead, the company wants to grow through volume.

oil

New research investigated responses to sweetened beverage taxes using the purchasing behavior of approximately 400 households in Seattle, San Francisco, Oakland and Philadelphia. Researchers found that after the tax was introduced, lower-income households decreased their purchases of sweetened beverages by nearly 50%, while higher-income households reduced purchases by 18%.

Stockholm Exergi described the Microsoft contract as the largest carbon removal deal to date.

With a lot of solar and wind power, energy storage, and advanced extreme weather impact modeling, Puerto Rico could achieve a 100% renewable power grid by 2050. These and other recommendations are the ...

Employment in clean energy businesses - including wind, solar, nuclear and battery storage — rose by 142,000 jobs, or 4.2% last year, up from a rise of 3.9% in 2022, the US Energy and Employment Report said

Japan revamped its NISA tax-free stock investment program for individuals on Monday, reinforcing the country's efforts to encourage a shift from savings to investments in the equities market. The new Nippon Individual Savings Account program expands annual investment limits and extends the tax-exempt period from up to 20 years to…

KAMPALA | Xinhua | China National Offshore Oil Corporation (CNOOC) Uganda Limited said on Friday that it welcomed Uganda’s recent license granting for the company to construct the liquidized petroleum gas (LPG) facility on the shores of Lake Albert in western Uganda. Earlier this week, a cabinet meeting chaired by President Yoweri Museveni at State …

A pair of student-loan borrowers filed a lawsuit against servicer MOHELA.They accused the company of delaying their PSLF applications, forcing them to

TOKYO :Rakuten Group said on Wednesday it plans to sell a large stake in Rakuten Bank to overseas investors, its latest fundraising effort as the Japanese company grapples with heavy debt and losses at its mobile network unit.The planned sale of 25.5 million shares is equivalent to just under 15 per cent of t

The Nigeria Federal Government has announced that it received delivery of seven new power transformers in the Akangba 330/132kV transmission substation to

Johnson & Johnson is pumping more money into heart care with a roughly $13 billion deal for Shockwave Medical, which specializes in technology that helps open clogged arteries.