Analysis: Europe heads more comfortably into winter without Russia’s Nord Stream gas
Europe has increased alternative supplies, cut demandEU energy chief says Russia has lost power over pricingAnalysts say German economy still...
archiveUTIL
EU’s von der Leyen pledges more support for wind industry
European Commission President Ursula von der Leyen delivers the State of the European Union address to the European Parliament, in...
New Mideast corridor would include trains to India, Delhi says
Saudi Arabia's Crown Prince Mohammed bin Salman inspects the honour guard during his ceremonial reception at the Rashtrapati Bhavan presidential...
Saudi Arabia considering investing in ‘Made in Italy’ fund
Italian Prime Minister Giorgia Meloni and Polish Prime Minister Mateusz Morawiecki hold a joint press conference in Warsaw, Poland, July 5, 2023, REUTERS/Kacper Pempel/File Photo Acquire Licensing RightsEnergy projects focal point of agreementSaudis could invest in 'Made in Italy' fundPM has sought closer ties with Gulf countriesMILAN, Sept 4 (Reuters) - Italy and Saudi Arabia are in talks about a potential Saudi investment in Rome's new strategic fund, Italy's Industry Minister Adolfo Urso said on Monday, as the two signed a deal to forge closer economic relations, particularly in energy.The...
S.African Reserve Bank to kick off easing cycle early next year -economists
A view shows the logo of South Africa's central reserve bank, at the reserve bank offices in Pretoria, South Africa,...
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...
Morning Bid: Banking news unnerves ahead of US CPI
A shopper wearing a face mask due to the coronavirus disease (COVID-19) pandemic browses toys at a Target store in...
UK’s FTSE 100 ends flat as BOJ sparks rate worries, higher on the week
A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange in London,...
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...