Friday, April 16, 2021
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Orsted makes $631 million onshore wind acquisition in Ireland

Renewable energy group Orsted has agreed to buy Brookfield Renewable’s Ireland and UK onshore wind business, its first step into Europe’s onshore wind market, in a deal valued at...

Bank of America management offers optimistic outlook on economy, reserves

Bank of America Corp squeaked by Wall Street’s first-quarter profit expectations on Thursday, as its capital-markets business posted gains from recent volatility while a handful of special items weighed...

RWE plans to bring Australian ‘green’ hydrogen to Europe

Germany’s RWE plans to bring hydrogen produced in Australia to Europe, as big energy firms look to create new global routes for the cleaner alternative to fossil fuels.

O2 and Virgin Media win provisional UK approval for 31 billion pound merger

Britain’s competition watchdog said on Wednesday it had provisionally cleared the 31.4 billion pound ($43.3 billion) merger between broadband company Virgin Media and Telefonica’s UK mobile network O2.

China says to hold talks with Kerry in Shanghai on COP 26

China’s special climate envoy, Xie Zhenhua, will meet with his U.S. counterpart John Kerry in Shanghai this week and exchange views on a key United Nations climate conference, the...

European CEOs, lawmakers add to pressure on Biden to hike climate target

European politicians, companies and trade unions on Tuesday called on the United States to slash its greenhouse gas emissions by at least 50% this decade, adding to mounting pressure...

Veolia, Suez agree $15 billion utilities merger after bitter spat

Veolia and Suez announced a merger deal on Monday worth nearly 13 billion euros ($15.44 billion) after months of wrangling between the two French waste and water management companies.

Oil prices drop as coronavirus caseloads rise

Oil slipped on Monday in thin trading as rising COVID-19 case numbers in some parts of the world kept a lid on prices, even as the Federal Reserve signalled...

Canada posts blockbuster job gain in March, but new lockdowns set to weigh

Canada added far more jobs than expected in March, bringing employment to within 1.5% of pre-pandemic levels, official statistics showed on Friday, though economists warned fresh lockdowns imposed this...

Oil prices edge down as investors weigh rising supplies, demand outlook

Oil prices edged down on Friday as investors weighed rising supplies from major producers and the impact on fuel demand from the COVID-19 pandemic. Brent crude...