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  • World2 years ago

    Enel to build 22-megawatt battery storage plant in Germany

    Enel Green Power Germany, a subsidiary of multinational energy business Enel, has signed an agreement to build and manage a 22-megawatt (MW) lithium-ion battery storage plant...

  • World2 years ago

    Market sell-offs ‘tend to happen in three waves’ and the last one is coming

    Watling noted that building up to the first sell-off in late January, the market had seen “two years when the market pretty much went up in...

  • World2 years ago

    Glencore says full-year results ‘best ever’

    Glencore on Wednesday announced full-year overall adjusted profit of $14.76 billion, in line with expectations, and said its full-year marketing adjusted EBIT was $3 billion, above...

  • World2 years ago

    Apple in talks to buy cobalt directly from miners

    Apple Inc is in talks to buy long-term supplies of cobalt for iPhone batteries directly from miners, Bloomberg reported on Wednesday, citing sources. The iPhone maker...

  • World2 years ago

    KFC branches in Britain to remain closed amid ongoing chicken shortage

    Yui Mok/PA Images via Getty Images A KFC restaurant in Clapham, south London KFC expects some of its U.K. outlets to remain closed for the rest...

  • World2 years ago

    Bahrain sovereign fund in talks to invest in SoftBank Vision Fund: CEO

    Alessandro Di Ciommo | NurPhoto | Getty Images CEO of Softbank Group Masayoshi Son attending a news conference in Tokyo on February 8, 2017. Bahrain’s sovereign...

  • World2 years ago

    PIMCO on higher US Treasury supply, bond yields, stock markets

    Higher bond yields when interest rates and inflation are rising may prompt investors to shift funds from stocks to bonds. Such an environment threatens the stock...

  • World2 years ago

    Fortescue wants to cut iron ore production costs

    After its production costs hit a record low in the last quarter, Fortescue Metals wants to drive costs even lower this financial year, according to the...

  • World2 years ago

    GM proposing $2.8 billion investment in South Korea

    Getty Images General Motors vehicles go through assembly after GM celebrated the official launch of the Chevrolet Volt hybrid electric vehicle at GM’s Detroit-Hamtramck Assembly November...

  • World2 years ago

    bank restructuring, interest rates, markets volatility

    After seven years of restructuring that involved cutting thousands of jobs and bank branches, HSBC has turned itself around with profits rising more than 140 percent...