Energy Update
General Electric Co. announced plans to buy LM Wind Power for $1.65 billion from private equity firm Doughty Hanson.
German utility WEMAG and energy storage software provider Younicos have begun construction on a project that will nearly triple the storage capacity of the existing Schwerin battery park.
LONDON, Oct 11 (Reuters) - British motorists should brace
themselves for more expensive petrol and diesel as the price of
fuel is hit by a double shock from rising oil prices and a
weakening exchange rate.
LONDON, Oct 11 (Reuters) - Mid-sized oil trader BB Energy is
looking to expand aggressively in Africa and the former Soviet
Union via new deals and asset purchases, its chief executive
told Reuters.
Oct 11 (Reuters) - General Electric Co said it would
buy LM Wind Power, a maker of rotor blades used in wind
turbines, from private equity firm Doughty Hanson for $1.65
billion, as it looks to boost output in its renewable energy
business.
After Sunday night’s sad and nasty US presidential debate it’s hard to focus on the relatively small exchange the candidates had about American steel.
LONDON, Oct 11 (Reuters) - The co-founder of Gunvor,
Torbjorn Tornqvist, is diluting his stake in the company to
allow employees to own more than a third of the fast-growing
trading house by year-end to help to retain and recruit talent
as it pursues its global expansion strategy.
ANKARA, Oct 11 (Reuters) - A proposal by Hillary Clinton,
the Democratic nominee in the U.S. presidential election, to arm
Kurds fighting Islamic State in Syria is "unethical" and not
befitting a NATO ally, Turkish Prime Minister Binali Yildirim
said on Tuesday.
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