Bloomberg: Blackstone Group to buy Dutch developer Multi Corp
According to a Bloomberg report, Blackstone Group LP's real estate unit would take over Netherlands-based Multi Corp.
Utilities
British Gas Yet to Compensate Customers Affected by Forced Prepayment Meter Installations
UK Energy Secretary Claire Coutinho criticizes slow and insufficient compensation payouts for forced prepayment meters, amid revelations that only 1,500 out of 150,000 cases are receiving redress.
How J. Prevost's Tucker Hill Air, Plumbing & Electric Uses Customer-Centricity in the Service Industry
Research shows that companies with a strong customer-centric culture are 60% more profitable compared to their competitors. This highlights the financial benefits of prioritizing customer satisfaction..
Oil Prices Expected to Rise as Israel Responds to Iran's Missile, Drone Attack
A potential increase in oil prices is expected following the recent attack on Israel by Iran, although the extent of possibilities gains hinges on the response...
Russia Seeks Emergency Gasoline Supply From Kazakhstan as Ukraine Aims Drones at Oil Refineries: Report
Russia is reportedly considering Kazakhstan as a potential source of gasoline in the event of shortages aggravated by Ukrainian drone attacks on oil refineries...
Japan Power Producer to Substitute Coal with Ammonia in Reducing Carbon Emissions
Jera Co., Japan's top power producer, launches a pioneering project to...
Biden Administration to Provide $1.5 Billion Loan to Reopen Michigan Nuclear Power Plant, a First in the US
Officials in southwestern Michigan has announced that a nuclear power ...
Latest News
Renault COO to step down
Renault SA COO Carlos Tavares would step down after publicly revealing desire to run General Motors Co or Ford Motor Co.
Elster acquisition boosts revenues of Melrose Industries
The purchase of Elster helped Melrose Industries increase its revenues for the first half of this year.
Qantas reports profit despite international loss
Despite a beleaguered international division, Qantas Airways posted an annual profit of AUD5 million.
Senate Investigations Panel examines records on JPMorgan FERC probe
The US Senate investigation panel had asked energy regulators to hand over documents from an investigation with JP Morgan Chase & Co.
Emera to acquire natural gas generation facilities
Emera Inc. announced that it had entered an agreement to acquire three combined electricity generating plants in New England for USD541 million.
JPMorgan: U.K. Water M&A possible amid regulator review
JP Morgan Chase & Co. said that M&As within the UK water industry still exits amid regulatory price review.
FHFA to Seek USD6 Billion in JPMorgan settlement
The Federal Housing Finance Agency (FHFA) had pegged USD6 billion as settlement amount for the agency to stop seeking action against JP Morgan
Dollar declines after US housing sales plunge in July
The sales of US homes unexpectedly fell in July that had caused the US dollar to plunge against the Euro.
Harbert Management closes fifth fund with USD 200 million
Harbert Management Corp announced that the interim closing of Harbert Power Fund V so far raised USD 200 million.
