Europe’s bumper Q2 puts global dividend payouts on track for record year
Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsLONDON, Aug 30 (Reuters) -...
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Thyssenkrupp’s Nucera targets growth to meet green hydrogen demand
A banner of Thyssenkrupp Nucera is displayed outside the Frankfurt stock exchange prior to Thyssenkrupp Nucera's IPO in Frankfurt, Germany,...
Oil inches up after China moves to support flagging economy
China National Petroleum Corporation (CNPC)'s Dalian Petrochemical Corp refinery is seen near the downtown of Dalian in Liaoning province, China July 17, 2018. Picture taken July 17, 2018. REUTERS/Chen Aizhu/File Photo Acquire Licensing RightsSINGAPORE, Aug 28 (Reuters) - Oil prices ticked higher on Monday after China took steps to support its flagging economy, though investors remained worried about the pace of growth as well as further U.S. interest rate hikes that could dampen fuel demand.Brent crude rose 19 cents, or 0.2%, to $84.67 a barrel by 0627 GMT, while U.S....
Europe must step up solar efforts to compete with cheap China panels – Meyer Burger CEO
BERLIN, Aug 18 (Reuters) - European governments must create a fair market for solar power manufacturers on the continent who...
Exclusive: Canadian pension funds explore $6 bln sale of renewables firm Cubico -sources
NEW YORK, Aug 10 (Reuters) - Two of Canada's biggest pension funds are exploring options including a sale of Cubico Sustainable Investments that could value the renewable energy firm at about $6 billion or more, including debt, according to people familiar with the matter.Montreal-based Public Sector Pension (PSP) Investment Board and the Ontario Teachers' Pension Plan (OTPP) are looking to appoint a financial advisor in the coming weeks, the sources said, adding the sale could take several months to complete.The sources, who requested anonymity as the matter is confidential, cautioned...
Italy eyes 19 bln euros in energy investments as it reviews post-COVID plan
Italy in talks with EU to overhaul post-COVID planSome 2.3 bln euros would go to power and gas gridsItaly reiterates...
Italian gas group Snam seeks to tap EU green energy funds
MILAN, July 27 (Reuters) - Italy's state-controlled gas grid operator Snam (SRG.MI) said on Thursday it expected to get a financial support for some of its projects from the European Union's REPowerEU green energy scheme.The Italian government, which is struggling to spend 191.5 billion euros ($210.59 billion) of EU post-COVID funds by 2026, wants to shift some of that money to REPowerEU projects.According to a document released by the government, Rome could spend in total 19 billion euros ($21 billion) under the REPowerEU, with more than 400 million euros earmarked...
Banks to fuel boom in UK Plc regular dividend payouts
MILAN, July 27 (Reuters) - A recovery in bank payouts is set to lift UK regular dividends by 6.1% to...
U.S. sanctions 14 Iraqi banks in crackdown on Iran dollar trade- WSJ
WASHINGTON/BAGHDAD July 19 (Reuters) - The United States has barred 14 Iraqi banks from conducting dollar transactions, the Wall Street...
Column: Saudi output cut entices funds back into oil market
LONDON, July 17 (Reuters) - Portfolio investors surged back into petroleum as Saudi Arabia’s unilateral production cut removed much of the previous downside risk to oil prices from slowing economies in China and Europe.Hedge funds and other money managers purchased the equivalent of 115 million barrels in the six most important petroleum futures and options contracts over the seven days ending on July 11.The increase was among the largest recorded over the last ten years (the 14th largest out of 539 weeks since 2013) and points to a significant adjustment...