Spanish energy company Iberdrola agreed on Wednesday to sell a 49% stake in renewable power generation projects in Spain and Portugal to Norwegian sovereign fund for 307 million euros ($333.40 million).
South Africa's central bank governor Lesetja Kganyago told Reuters on Wednesday that inflation was expected to average 5% this year and around 4.5% in 2025.
The European Central Bank is on track to get inflation back to its 2% target but victory has not yet been won, ECB President Christine Lagarde told Bloomberg TV in Davos on Wednesday.
Shares of Canopy Growth (NASDAQ: CGC) jumped as much as 11.9% early Tuesday, then settled to close up 6.2% after the cannabis company terminated a previously announced private placement of new shares.
(RTTNews) - The Taiwan stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had given up more than 100 points or 0.6 percent. The Taiwan Stock Exchange now sits just beneath the 17,350
Chinese refiners are actively booking crude oil cargoes for delivery in March and April to replenish stocks, locking-in relatively low prices and in anticipation of stronger demand in the second half of 2024, trade sources said.
(RTTNews) - The Thai stock market has moved lower in back-to-back sessions, slumping almost 15 points or 1 percent in that span. The Stock Exchange of Thailand now sits just above the 1,400-point plateau, although it may give up that support on Wednesday.
(RTTNews) - The Singapore stock market has alternated between positive and negative finishes through the last five three trading days since the end of the three-day winning streak in which it had gained more than 20 points or 0.7 percent. The Straits Times Index now sits just ben
Britain will establish a body to identify risks to critical imports, the government said on Tuesday as it outlined a strategy to make supply chains more resilient against global shocks.
London is underprepared for the heatwaves, flooding and rising sea levels it is forecast to experience in coming years, a report commissioned by Mayor Sadiq Khan said on Wednesday.
British Prime Minister Rishi Sunak faces a major parliamentary showdown on Wednesday over his plan to send asylum seekers to Rwanda, with many of his own lawmakers threatening to rebel after they lost an initial bid to toughen his proposed law.
Automotive Cells Co (ACC) has partnered with UK startup Circulor to check the provenance and embedded carbon emissions of raw materials the France-based battery maker uses for electric vehicle (EV) battery cells, the two companies said on Wednesday.
There are only two paths to extra money -- earn more or spend less. Since it's harder to increase your income in retirement than it is during your working years, retirees on a budget usually want to...
Australia will set up an advisory body to mitigate against the risks of artificial intelligence, the government said on Wednesday, becoming the latest country to increase its oversight of the technology.
Spirit Airlines faces tough choices about its future including looking for another buyer and finding other ways to shore up its finances after a federal judge on Tuesday blocked its $3.8 billion merger deal with JetBlue Airways, industry experts said.
A federal judge on Tuesday delayed the U.S. Securities and Exchange Commission's trial against Terraform Labs and co-founder Do Kwon over an alleged $40 billion cryptocurrency fraud, to allow time for Kwon to be extradited so he can attend.
Canadian apparel maker Gildan Activewear on Tuesday alleged that its former chief Glenn Chamandy failed to disclose certain fund investments and had an undisclosed relationship with a shareholder.
(RTTNews) - The Malaysia stock market on Tuesday ended the two-day winning streak in which it had collected more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,495-point plateau and the losses may accelerate on Wednesday.
One of my favorite pastimes is finding humor in the financial services industry’s annual predictions season. At Blueprint Investment Partners, our team loves predictions. Not to make them, but to make fun of them.
The Canadian dollar weakened against its U.S. counterpart on Tuesday, but the decline was less than for all the other G10 currencies as domestic inflation data reduced expectations for an early interest rate cut by the Bank of Canada.