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The CEO says the purchase of Manawa Energy will help lower costs for businesses fairly quickly, but not automatically for residential customers.
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Speech by Mr Fabio Panetta, Governor of the Bank of Italy, at the closing conference of the ESCB Research Network on "Challenges for Monetary Policy Transmission in a Changing World (ChaMP)", hosted…
Oil prices rose on Monday on uncertainty over the reopening of the Strait of Hormuz anytime soon, as Iran said a deal with Oman defining new shipping lanes was in its final stages but insisted the…
Samsung Electronics and SK hynix are facing growing expectations of sizable shareholder return policies, as investors increasingly call for measures that could provide fresh momentum for their share…
China unveiled its 15th five-year plan for the power sector on August 3. Below are key targets of the blueprint, which was released jointly by the National Development and Reform Commission and…
The Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has argued that Nigeria’s poverty situation would have been significantly worse if President Bola Tinubu’s economic reforms had not…
The US Dollar (USD) edges up against its peers on Monday after a vertical decline on Friday. At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies…