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The Bright Side of Investing in Clean Energy: Insights From Abe Issa
Date: February 29, 2024
The Bright Side of Investing in Clean Energy: Insights From Abe Issa In today’s rapidly changing world, the shift towards clean energy is not just an environmental imperative but also a smart economic decision. Led by visionaries like Abe Issa, founder and chairman of several clean energy companies including SolarExperts, Grid Energy, Intelli Smart Homes...
Cma Cgm Caps Logistics Push With $5 Billion Bollore Deal
Date: February 29, 2024
CMA CGM caps logistics push with $5 billion Bollore deal By Gus Trompiz PARIS (Reuters) – France’s CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-ever acquisition, and said it had funds for more deals as it seeks to counter volatility in container shipping. The acquisition of the logistics division of...
Analysis-Bayer Investors Weigh Need for Cash Call Amid Stifling Debt
Date: February 29, 2024
Analysis-Bayer investors weigh need for cash call amid stifling debt By Ludwig Burger and Emma-Victoria Farr FRANKFURT (Reuters) – Bayer may have to ask shareholders for fresh capital to shore up its finances even after the debt-laden German drugmaker slashed dividends last week in its latest effort to get wiggle room, analysts said. But new...
Covestro Cancels Dividend After Lower Earnings in Challenging 2023
Date: February 29, 2024
Covestro cancels dividend after lower earnings in challenging 2023 (Reuters) -German chemicals maker Covestro on Thursday said it decided not to pay dividends for 2023 after its annual core earnings dropped by a third in a challenging year marked by high energy prices and a weak global economy. “The year 2023 was one of the...
Norwegian Cruise Forecasts Upbeat First-Quarter Profit on Robust Demand
Date: February 27, 2024
Norwegian Cruise forecasts upbeat first-quarter profit on robust demand (Reuters) – Norwegian Cruise Line Holdings forecast a first-quarter profit on Tuesday betting on higher ticket prices and steady demand in the U.S. for cruises to the Caribbean and Europe. The company’s shares rose 5.5% to $16.80 in premarket trading. Cruise operators are now experiencing record...
TotalEnergies Texas Refinery Running at Minimal Rates, Say Sources
Date: February 22, 2024
TotalEnergies Texas refinery running at minimal rates, say sources By Erwin Seba HOUSTON (Reuters) -TotalEnergies’ 238,000-barrel-per-day (bpd) refinery in Port Arthur, Texas, is operating at minimal production as it contends with multiple upsets on Wednesday, people familiar with plant operations said. The refinery has been struggling to complete a restart following a Jan. 16 plant-wide...