Dh2.5 billion fines on Maroc Telecom hinders investments in Morocco, says e&
Maroc Telecom, a e& subsidiary, was fined Dh2.5b for alleged anti-competitive practices
Iceland's prime minister favors farming over finance as Bitcoin miners feast on the island's cheap power
Maize over mining.
Hyundai Engineering Inks Deal with KAERI to Export Korean Small Modular Reactors Globally
Hyundai Engineering announced on December 11 that it has signed a memorandum of understanding (MOU) with the Korea Atomic Energy Research Institute (KAERI) to export the Korean Small Modular Reacto...
Senegal sets up commission to review oil and gas contracts
It was a campaign promise, the Faye administration now seeks to make it real. On Monday (Aud. 19) Ousmane Sonko brushed off rumours of nationalization reiterating his government's ambition to "rebalance the energy contracts in the national interest."
EU and Cairo sign €7.4bn deal focussed on energy, migration
Egypt currently hosts around nine million refugees, including 4m Sudanese and 1.5m Syrians.
GACA, MISA and Brazil’s Embraer sign MoU to propel aviation sector investment
RIYADH: Saudi Arabia is set to stay abreast of the latest developments in sustainability and innovation through a new agreement signed by the General Authority of Civil Aviation. The memorandum of understanding, inked with the Kingdom’s Ministry of Investment and Brazilian multinational aerospace corporation Embraer, aims to bolster cooperation in aviation sector investments,
Persistence Capital Partners signs deal to take Neighbourly Pharmacy private
TORONTO — Private equity firm Persistence Capital Partners has signed a definitive agreement to buy the stake in Neighbourly Pharmacy Inc. that it does not already own and take the company private.
PIF’s SIRC inks deal with Aldrees to advance circular economy and oil processing
RIYADH: In a bid to boost the Kingdom’s circular economy and oil processing management, Saudi Investment Recycling Co. has entered into a deal with Aldrees Petroleum and Transport Services Co. SIRC, wholly owned by the Public Investment Fund, signed the deal to build a strategy that supports best practices for recycling used oils and extracting economic value from them. This
Daily Mail owner DMGT teams up with Moore Capital to invest in energy transition firms
The newspaper publisher's new venture fund, Renown Capital Management, will invest in companies focused on the global energy transition
The Power of Communication: Luciano de Vries on Customer Relations and Team Management
Effective communication can be the difference between success and failure — particularly when it comes to business. Few understand this better than
United Steelworkers union reiterates support for tariffs on steel, aluminum and electric vehicle imports from China, celebrates victory for Canadian workers
Marty Warren, National Director for the United Steelworkers union issued the following statement:
Bank CEOs expect further loan loss provisions and pressure on lending in 2024
Canadian bank CEOs say high interest rates are delaying business and consumer spending decisions and will likely lead to more provisions for bad loans this year, but that borrowers overall should manage well.
World's top fertilizer maker plans exit from Argentina, Chile
Nutrien Ltd., the world’s largest maker of fertilizers, said it is seeking to sell its retail operations in Argentina, Chile and Uruguay in order to focus on Brazil and other global markets.
Indonesia and Australia sign agreement on crypto taxation
Indonesia and Australia's tax officials signed an agreement in Jakarta on April 22 to establish a crypto information-sharing framework
LTV's De Facto looks at Latvia's petroleum gas imports from Russia
Although statistics for December are not yet available, it is clear that Latvian imports from Russia exceeded half a billion euros last year. The largest section is not much-discussed grains, which mo...
Your Vehicle Has Been Clamped or Impounded in Sofia? You Can Now Pay via POS Terminal with 20% Discount!
Vehicles for the control of the Executive Agency "Automotive Administration” are now equipped with POS terminal devices. They are connected to the Agency's electronic control system, in which the criminal decrees were also generated, reported the Ministry of Transport and Communications.
US company Booking Holdings added to European Union’s list of for strict digital scrutiny
LONDON (AP) — Booking Holdings, the U.S. company that owns Booking.com and a number of other travel websites, has been added to the European Union’s list of companies now under heightened digital scrutiny.
Dubai Chambers signs MoU with CCPIT Tianjin to expand Chinese investments
UAE – Mubasher: Dubai Chambers recently penned a memorandum of understanding (MoU) with the China Council for the Promotion of International Trade Tianjin Sub-council (CCPIT Tianjin) to support the expansion of Chinese investors into Dubai. The …
Canada to hit Chinese steel and aluminum with 25% tariffs
Canada published a list of dozens of Chinese steel and aluminum products on which it will place a 25 per cent tariff, starting in three weeks.
Nigerian government signs MoU with Boeing to advance aviation sector
The Federal Government has signed a Memorandum of Understanding (MoU) with aircraft manufacturer, Boeing to boost the nation’s aviation sector. This was
Dangote Refinery Supply to Hit Market by January, Airline Operators, Others Secure Position
The Airlines Operators of Nigeria and local producers under the Manufacturers Association of Nigeria want Dangote Refinery to priotise diesel and JetA1 supplies
BMO Capital Markets Increases Toromont Industries (TSE:TIH) Price Target to C$124.00
Toromont Industries (TSE:TIH – Free Report) had its price objective increased by BMO Capital Markets from C$116.00 to C$124.00 in a research note published on Monday morning, BayStreet.CA reports. A number of other equities research analysts also recently commented on the company. Scotiabank reduced their target price on Toromont Industries from C$126.00 to C$124.00 and […]
POET Streamlines its Global Engineering Organization in Response to AI Market Demand
Schedules closing of Allentown, PA operation, saving US$2M annually
Kuwait sets terms for domestic worker transfer to private sector
Approval from employer, one year of residency and fee of 50 dinars among conditions
Singapore signs agreement with Papua New Guinea to cooperate on carbon credits
SINGAPORE: Singapore and Papua New Guinea on Friday (Dec 8) signed an implementation agreement on carbon credits cooperation, which will help both countries advance their climate goals. The agreement was signed by Singapore's Minister for Sustainability and the Environment Grace Fu and Papua New
Awg Tengah: Over RM70 mln generated through export of products, services via Statos
KUCHING (Nov 29): More than RM70 million have been generated through the export of products and services through Sarawak Trade & Tourism Office Singapore (Statos), said Deputy Premier Datuk Amar Awang Tengah Ali Hasan. Awang Tengah, who is also International Trade, Industry and Investment Min
Elm inks agreement with Saudi Ministry of Interior, Data & AI Authority
Riyadh – Mubasher: Elm Company has signed an agreement with the Ministry of Interior and the Saudi Data and AI Authority (SDAIA) to develop and provide products and services. Signed on 9 July 2024, the agreement has a duration of 10 years starting …
India signs agreement with Argentina for lithium exploration and mining: Read details
The agreement was signed in the presence of the Governor of Catamarca, Lic Raul Jalil; the Vice Governor of Catamarca, Eng Ruben Dusso; the Minister of Mines of Catamarca, Marcelo Murua; and the Ambassador of India to Argentina, Dinesh Bhatia. | OpIndia News
Marriott presses ahead with sustainability in 2024
Marriott International is laying the groundwork for long-term sustainability, and has marked the new year as one of “activation”.
Over 700 companies issued with cement import licences in Zimbabwe
HARARE - Over 700 companies have been issued with licences to import about 200 000 metric tonnes of cement, a Cabinet Minister has said. Information, Publicity and Broadcasting Services Minister, Dr Jenfan Muswere said 461 of the 713 licences have since been collected by the successful applicants.
China Steps on the Gas to Become Top Auto Exporter in 2023
China's ability to adapt to changing market dynamics, meet the demand for traditional gasoline-powered vehicles and expand its presence in electric and hybrid segments has solidified its position on the global stage.
Rongsheng Petrochemical, Aramco in talks to buy stake in each other's units
BEIJING : Rongsheng petrochemical said on Tuesday it and Saudi Aramco are in talk for the Chinese company to buy a 50 per cent stake in the Saudi firm's refining unit SASREF. Rongsheng is also in talks with Aramco for the Saudi oil major to buy up to a 50 per cent stake in Rongsheng's unit Ningbo Zhongjin
What's the deal with 'free money' from power companies?
Not everyone qualifies for a discount or bill credit, here's why- and whether you might be one of them.
Power production contracts with Chinese companies need review, Pakistani minister says
Power Minister Leghari said changes will happen with mutual consent
Sarawak gas aggregator issue: Petronas, Petros given three months to finalise discussion
KUCHING: The discussion between Petroleum Sarawak Bhd (Petros) and Petroliam Nasional Bhd (Petronas) on the supervision of oil and gas (O&G) trading i...
Russian Market, EVs Give China Fuel to Pass Japan as Top Car Exporter
China Association of Automobile Manufacturers says country's car exports hit 4.91 million units in 2023
Bob Diamond's Panmure Gordon to merge with Liberum as Rich Ricci takes top job
The newly named Panmure Liberum will be led by Mr Ricci as chief executive and Liberum founder Shane Le Prevost as non-executive chairman
Glencore coal deal approved by Canada as Teck plans buyback
Teck CEO Jonathan Price said the transaction with Glencore marked a new era as the company focused on metals for the energy transition.
JPMorgan and Morgan Stanley boost buybacks and dividends, while Citigroup and BofA take smaller steps
The big banks announced their plans to boost capital return to shareholders after passing the annual stress test administered by the Federal Reserve this week.
Sergey Kondratenko: Regulation in Open Banking, Approaches of Different Countries
In recent years, the financial sector has been undergoing significant changes due to widespread digital transformation. The introduction of Internet banking, the development of financial technologies and other innovations open up unique opportunities to improve the quality of customer service.
Johnson's 'pep talk' with Harry and Treasury rethinks non-dom plan
Making a number of Friday's front pages is Boris Johnson's memoir, Unleashed, published next month.
India signs Rs 200 crore lithium exploration, mining deal with Argentina
A joint venture of state-owned miners has received exclusive rights to commercially exploit the rare mineral from five blocks in the South American country.
Tenzr and Lite-1 Win Over $250,000 Investment Through Spring Impact Investor Challenge
VANCOUVER, British Columbia — Today, Spring, a leader in Canada’s early stage impact investing ecosystem, announces the winners of two consecutive Impact Investor Challenges. Tenzr, a Vancouver-based health-tech company focused on gamifying occupational therapy will receive at least $70k investment as the winner of the NIMBUS Synergies Impact Investor Challenge while Lite-1, a women-owned biotech company that is creating eco-friendly colours derived from naturally occurring microbes will receive at least $200k as the winner of the TELUS Pollinator Women Led Impact Investor Challenge. The challenge winners will utilise the funds to accelerate their business strategy. The investment is made up of funds from individual investors from Spring’s national investor ecosystem.
Retail Opportunity Investments (NASDAQ:ROIC) Lowered to Sell at StockNews.com
StockNews.com cut shares of Retail Opportunity Investments (NASDAQ:ROIC – Free Report) from a hold rating to a sell rating in a report published on Friday morning. ROIC has been the topic of several other reports. Bank of America lowered shares of Retail Opportunity Investments from a buy rating to a neutral rating and dropped their […]
Premier Construction and Interior Design company, Wow Constructions and Interiors, announces its expansion across India
SRV Media New Delhi [India], November 30: Wow Constructions and Interiors, India’s go-to destination for architecture, civil engineering, and interior designing, is on a nationwide expansion drive. Renowned for its commitment to excellence since 2005, the company has expanded into key locations such as Delhi, Gurgaon, Ghaziabad, Noida, Faridabad, Chandigarh, Haridwar, Dehradun, Lucknow, Sonipat, Alwar, […]
EyePoint Pharmaceuticals (NASDAQ:EYPT) Shares Gap Down After Insider Selling
EyePoint Pharmaceuticals, Inc. (NASDAQ:EYPT – Get Free Report) gapped down before the market opened on Friday following insider selling activity. The stock had previously closed at $21.18, but opened at $20.32. EyePoint Pharmaceuticals shares last traded at $21.06, with a volume of 237,475 shares. Specifically, Director Ye Liu sold 266,242 shares of the stock in […]
European Gas and Electricity Prices Tumble as Wind Power Surges
(Bloomberg) — European energy prices tumbled, with natural gas futures hitting a six-month low as a new Atlantic storm brought unseasonable warmth and boosted wind-power generation. 
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
Some members of oil cartel OPEC, led by Saudi Arabia, and allied producers like Russia are again deepening their voluntary crude supply cuts.
Rwanda, European Investment Bank ink deal on raw material partnership
· Rwandan President Kagame and European Commission President von der Leyen witness agreement Rwanda first country in Africa to partner with EIB to unlock critical raw materials investment · New cooperation will strengthen cooperation to identify investment opportunities, scale up investment in critical raw material supply chain and increase recycling…
PGA Tour seeks extension on commercial deal with Saudis, private investors
The PGA Tour's agreement with the Saudi backers of LIV Golf is expiring and Commissioner Jay Monahan wants more time.
last updated on 6 Nov 16:55