COP28 Holds Key to Global Carbon Market That Could Help Improve Offsets
Climate negotiators at COP28 may bolster carbon trading when they decide on rules for a new United Nations-overseen
1970-01-01 08:00
Transnet Needs More Than a Plan to Fix South Africa’s Logistics
South Africa’s Transnet SOC Ltd. has a turnaround plan to ease port and rail snarl-ups that have hamstrung
1970-01-01 08:00
GIC-Backed AESC Said to Target $10 Billion Value in New Round
AESC Group is targeting a valuation of about $10 billion in its latest funding round, according to people
1970-01-01 08:00
Oil Holds Decline as OPEC+ Dispute Clouds Outlook for Production
Oil held a decline after the OPEC+ alliance was forced to delay a critical meeting amid a dispute
1970-01-01 08:00
A Coal-Powered Industrial Boom Is Testing Indonesia’s Green Ambitions
In a heavily forested district in Indonesia’s portion of the island of Borneo, excavators and an army of
1970-01-01 08:00
Petrobras Lifts Business Plan 31% in Major Shift Under Lula
Brazil’s state-controlled oil giant Petrobras announced a 31% increase to its five-year investment plan in a major shift
1970-01-01 08:00
Malaysia’s Anwar Faces Hard Policy Decisions as Popularity Dips
After years of political turmoil that saw rapid turnover at the prime minister’s office, Anwar Ibrahim’s first 12
1970-01-01 08:00
New York Court Gives Blessing on Venezuela Bond Standstill
A New York court backed a legal move by holders of Venezuela’s defaulted bonds on Wednesday to protect
1970-01-01 08:00
EU to Put Forward Plan for €584 Billion Overhaul of Power Grids
The European Commission will lay out a €584 billion ($637 billion) plan to overhaul the region’s power grids
1970-01-01 08:00
Namibia’s Oil Firm Strikes Deal With Gunvor After Record Loss
Namibia’s state oil company signed a supply deal with Gunvor Group Ltd. after reporting an “unprecedented” loss because
1970-01-01 08:00
Failing Rail, Ports Are New South African Growth Risk, SARB Says
South Africa’s central bank is concerned that the country’s failing port and rail network is thwarting efforts to
1970-01-01 08:00
Saudi Arabia Raises $11 Billion Loan to Help Fund Deficit
Saudi Arabia has raised $11 billion through a syndicated loan as it looks to fund a budget deficit
1970-01-01 08:00