Energy Update
U.S. stock indexes are lower, dragged down by financial stocks, as plunging oil prices, low interest rates and turbulent global markets take a toll on banks. (USA-STOCKS/ (UPDATE 4), updated throughout the day, 390 words)
U.S. stock indexes are lower, dragged down by financial stocks, as plunging oil prices, low interest rates and turbulent global markets take a toll on banks.
Nevada-based Ormat Technologies plans to add between 160 MW and 190 MW of geothermal generation capacity globally to its portfolio by the end of 2018, Ormat CEO Isaac Angel said on Feb. 24.
NEW YORK, Feb 24 (Reuters) - Major creditors suing Argentina over defaulted bonds have agreed to the economic terms of an agreement to resolve the long-running litigation but need more time to complete the $5 billion deal, a lawyer for the investors said Wednesday.
Published reports indicate the 165-MW Sultan Mahmud hydroelectric facility located on the Kenyir River in the interior district of Hulu Terengganu, Malaysia, suffered no damage after a 2.7 magnitude earthquake was recorded 10 km below the surface of its catchment, Kenyir Lake, at 9:25 p.m. local time on Feb. 23.
RIYADH, Feb 24 (Reuters) - Kuwait and Qatar on Wednesday followed the example of Saudi Arabia, the United Arab Emirates and Bahrain in urging their citizens to avoid travel to Lebanon for safety reasons, their state news agencies reported.
LONDON - Shares fall sharply as oil prices drop after Saudi Arabia effectively rules out output cuts by major producers, lifting investor appetite for low-risk assets such as the Japanese yen and gold.
WADI BEY, Libya, Feb 24 (Reuters) - An hour's drive from the Libyan city of Sirte, a few dozen troops man outposts along a desert road. They are hoping the West will soon be giving them more help to fight a common enemy: Islamic State.
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