Ex-Gunvor Trader Bets on Batteries to Ease Swedish Power Deficit
A former Gunvor Group trader is rushing to expand battery capacity in southern Sweden, one of the regions in Europe most at risk of winter power shortages.
A former Gunvor Group trader is rushing to expand battery capacity in southern Sweden, one of the regions in Europe most at risk of winter power shortages.
HSBC Holdings Plc’s Chief Executive Officer Noel Quinn said the bank’s takeover of the British arm of Silicon Valley Bank will provide the basis for a new global technology business.
Billionaire Gautam Adani’s clean energy unit reported fourth-quarter profit surged as the conglomerate prioritizes renewable power amid its response to the impact of Hindenburg Research’s explosive report.
Russia is likely to resume buying foreign currency for its reserves as soon as this month as rising oil earnings stabilize public finances despite US and European efforts to squeeze Kremlin income.
The finance ministers of South Korea and Japan met for the first time in nearly seven years, in another sign of thawing ties between the two countries.
Credit Suisse Group AG’s largest shareholder, Saudi National Bank, will hold about a 0.5% stake in UBS Group AG once the Swiss lenders complete their merger.
The Asian Development Bank announced a new program for financing efforts to counter climate change, stepping up its attempt to back one of its main focuses in the region.
Housing Development Finance Corp., India’s largest mortgage financier, has picked Jefferies Financial Group Inc. to manage the sale of a unit that offers student loans, according to people familiar with the matter.
Government policy changes, a lack of funding and chronic understaffing are blamed for choking the country’s planning system
On a dreary British day in January 2018, two men, one in a wheelchair, the other pushing him, sped through Manchester Airport on their way to catch an Emirates jumbo jet to Dubai.