Wednesday, January 23, 2019

European Investors Shun Oil for Renewable Energy

The energy sector has had its fair share of twists and turns, but the latest change threatens to completely change the status quo. Investors are beginning to rethink their oil exposure and opt...

94% of the World’s Population Now Has Access to Dash After Integration With Uphold

Partnership Allows People in 184 Countries to Buy Dash, Convert it, and Seamlessly Execute P2P Remittances Dash, the top digital currency for payments, has been integrated into one of the fastest growing cryptocurrency platforms, Uphold,...

Saudi Stock Exchange hosts first accelerated book-built block trade

AS&H Law Firm, in co-operation with Clifford Chance, advised Savola Group on the sale of 2% of Almarai Savola Group, a Saudi publicly listed joint stock company, sold 16 million shares in Almarai Company...

Dubai awards $3.9 billion solar energy contract to Shanghai Electric, ACWA Power

Dubai’s state energy utility awarded a $3.9 billion contract to build and run a 700 megawatt solar power plant to a consortium comprising Shanghai Electric and Saudi Arabia’s ACWA Power, the government said on...

US Housing Ends Summer Strong; Only Slight Inventory Relief

September RE/MAX National Housing Report on MLS Data from 54 Metro Areas U.S. home sales in August extended a summer of strong demand and weak inventory that once again resulted in listings with short...

Sterling bears mauled by the Bank of England

Currency markets appear to have been caught a little short of sterling after the Bank of England struck an unexpectedly hawkish tone on the potential for a possible move in interest rates. The pound...

Taiwan Stock Exchange and Nasdaq Sign Memorandum of Understanding

The Taiwan Stock Exchange Corporation (TWSE) and Nasdaq Inc. have signed a Memorandum of Understanding (MoU) to promote mutual development and foster cooperation between the two companies. The memorandum also paves the way for both...

Will Hydrogen Break The Battery Market?

The most abundant element in the universe—hydrogen—has been attracting less attention than it deserves on the clean energy stage, with batteries of all sorts stealing the spotlight. This may be about to change as...

In sign of oil rebalancing, North Sea floating storage shrinks

The volume of global price benchmark North Sea crude being held in floating storage has declined sharply since mid-August, according to shipping data and trade sources, a sign that a long-awaited market rebalancing...

McDonald’s Is Launching a Line of Bottled Coffee Drinks

Look out, Starbucks: McDonald’s is now taking aim at the coffee giant’s bottled coffee beverage business, with plans to launch its own line of ready-to-drink McCafe products in 2018, the Chicago Tribune reports. Looking awfully...

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