Finance
2020, November, 23, 11:55:00
KENYAN RENEWABLES WILL UP
With renewable energy making up a staggering 70% of Kenya’s energy mix in 2018 (Onyango, 2018) and as high as 87% as of January 2020, (Zarembka, 2020) one would be curious to see what steps Kenya took to shape its renewable energy landscape and attract private sector investment.
2020, November, 20, 13:35:00
CHINA'S OPENNESS, COOPERATION
“China will remain committed to openness and cooperation, and adhere to multilateralism and the principle of extensive consultation, joint contribution and shared benefits.”
2020, November, 20, 13:20:00
EUROPEAN SHARES UP AGAIN
The pan-European STOXX 600 index rose 0.2% , on track for marginal weekly gains after signs of progress on COVID-19 vaccine pushed the index to February highs earlier this week.
2020, November, 19, 14:30:00
RUSSIA, SAUDI ARABIA STRATEGIC PARTNERSHIP
The Kingdom remains Russia’s strategic partner. We are looking forward to a long-term partnership with Saudi Arabia on the Sputnik V vaccine.
2020, November, 19, 14:15:00
EUROPEAN SHARES DOWN
The pan-European STOXX 600 was down 0.9% in morning session, with growth-sensitive oil and gas, banking, mining and travel sectors falling the most.
2020, November, 18, 14:10:00
U.S. INDUSTRIAL PRODUCTION UP
Industrial production rose 1.1 percent in October.
2020, November, 18, 14:05:00
TC ENERGY, NLE INVESTMENT $1 BLN
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and Natural Law Energy (NLE) today announced they have signed a definitive agreement which allows NLE to make an equity investment of up to $1 billion in the Keystone XL pipeline project.
2020, November, 17, 13:15:00
ASIA'S TRADE BLOC
RCEP covers 30% of the global economy and 30% of the global population, joining for the first time Asian powers China, Japan and South Korea. It aims in coming years to progressively lower tariffs across many areas.
2020, November, 17, 13:05:00
ASIA STOCKS UP
MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.17% on Tuesday, a day after hitting its highest level since launching in 1987.
2020, November, 16, 12:30:00
ENERGY TRANSITION FOR COAL
The pressure on Energy Solution Providers has been building for quite some time. Instead of backing coal, new finance is getting behind renewable energy and putting shareholder pressure on forcing decisions on those still involved in the fossil fuel areas.
2020, November, 16, 12:25:00
EUROPEAN SHARES UP ANEW
The pan-European STOXX 600 .STOXX rose 0.7% by 0805 GMT, with banks .SX7P and travel stocks .SXTP gaining the most.
2020, November, 13, 12:45:00
ROSNEFT NET LOSS RUB 177 BLN
In 9M 2020 negative Net income was RUB -177 bln (USD -2.1 bln). The reduction compared to 9M 2019 was a result of the negative effect of price fluctuations due to COVID-19 pandemic as well as the negative effect of non-monetary factors.
2020, November, 12, 13:50:00
INDIA'S ECONOMY STIMULUS $16 BLN
The government will spend 1.2 trillion rupees ($16.1 billion) on the latest stimulus program in addition to the 1.45 trillion rupees announced on Wednesday,
2020, November, 11, 14:45:00
RENEWABLE ENERGY NEEDS INVESTMENTS
Annual investment in renewables would need to almost triple from an average of
just below USD 300 billion in 2013-2018 to almost USD 800 billion through 2050.
2020, November, 9, 13:10:00
EUROPEAN STOCKS UP ANEW
The pan-European STOXX 600 .STOXX was up 1.3% by 0805 GMT, with trade-reliant German shares .GDAXI adding 1.6% as data also showed exports in Europe's largest economy rose more than expected in September.