21
Dec
55% of German power consumption comes from renewables in 2024
Fifty-five per cent of gross electricity consumption in Germany was served by renewable energy this year.
Out of the total generated el...
Blog
20
Dec
Elkem & Hafslund signed long term power deal for Norway
Elkem and Hafslund signed a long-term power deal for 2028-2035, securing 400 GWh annually in Norway's NO3 price area.
This supports Elk...
20
Dec
American sportswear company Nike sees sharp revenue decline in Q2 FY25
Nike reported a decrease in Q2 FY25 revenues to $12.4 billion, a decline of 8 per cent from Q2 of the previous fiscal, with significant...
20
Dec
China keeps loan prime rates unchanged
China's one-year loan prime rate (LPR) was kept unchanged from the previous month at 3.1 per cent today.
The over-five-year LPR, on whi...
20
Dec
Indian UP state cabinet clears Multi-Modal Logistics Parks Policy-2024
India’s Uttar Pradesh state cabinet has approved the Multi-Modal Logistics Park Policy-2024 that will allow companies investing in this...
20
Dec
Cotton yarn market faces mixed trends in south India as demand varies
In south India, cotton yarn prices showed a mixed trend.
Tiruppur saw a slight decrease due to higher discounts offered by mills, while...
20
Dec
Canadian company Reitmans’ net revenue drops 2.9% in Q3 FY25
Reitmans (Canada) Limited (RCL) has reported a 2.9 per cent decrease in net revenues to $187.7 million in the third quarter, due to few...
20
Dec
French luxury house Hermès recognised for performance in 2024
Hermès has been recognised for its transparency, employment practices, and sustainability efforts in 2024.
The company received the Gra...
20
Dec
Bangladesh receives $1.16 billion World Bank financing
The World Bank has approved $1.16 billion financing for Bangladesh to enhance health services, water and sanitation, and support climat...
20
Dec
Italy’s Piana Technology achieves net zero energy with solar expansion
Piana Technology's Nonwovens facility in Cartersville, GA, now operates at net zero energy after expanding its solar panel system, offs...