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Orsted Makes 631M Onshore Wind Acquisition in Ireland

Renewable energy group Orsted has agreed to buy Brookfield Renewables Ireland and UK onshore wind business, its first step into Europes onshore wind market, in a deal valued at 571 million euros 683 million. Brookfield Renewable Ireland BRI, headquartered in Cork, develops and operates onshore wind farms in Ireland and the United Kingdom. It has […]
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Oil Climbs to FourWeek High on Strong China Data

Oil prices extended gains on Friday and were on course for a weekly gain of about 7 with an improved oil demand outlook and strong economic recoveries in China and the United States offsetting concerns about spikes in COVID19 infections. Brent crude futures rose 30 cents, or 0.5, to 67.24 a barrel at 0551 GMT, […]
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EU Carbon Market Emissions Fell 13.3 in 2020 EU Commission

Greenhouse gas emissions regulated under Europe39;s carbon market fell by 13.3 last year, with those from the airlines sector down by almost twothirds, the European Commission said late on Thursday. Around 40 of the European Union39;s output of greenhouse gases is regulated by the Emissions Trading System ETS, the bloc39;s flagship policy for tackling global […]
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Japanese Shares End Higher on Chip Stocks Boost

TOKYO, April 16 Reuters Japanese shares closed slightly higher on Friday as heavyweight chip shares rallied, although concerns around corporate outlook capped the gains. The Nikkei index ended up 0.14 at 29,683.37, while the broader Topix inched up 0.09 to close at 1,960.87. Chiprelated shares gained after Taiwan Semiconductor Manufacturing Ltd TSMC, reported a 19.4 […]
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FTSE 100 above 7K for First Time since Pandemicled Crash

Londons FTSE 100 rose above the 7,000mark on Friday for the first time since the pandemic pummelled financial markets last year, as speedy vaccine rollouts and government policy support lifted investor sentiment about a stronger economic reopening. The bluechip index climbed 0.3 to 7,005.68, with heavyweight banking, energy, mining stocks that stands to benefit from […]
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Euro Zone Yields Rise as U.S. Treasury Yields Jump Back

AMSTERDAM, April 16 Reuters Euro zone bond yields rose on Friday, following an overnight jump in U.S. Treasury yields after a hefty rally a day earlier. U.S. Treasury yields dived to onemonth lows on Thursday as a possible safehaven bid related to increased U.S.Russia tensions, along with Japanese buying and technical factors, helped overshadow betterthanexpected […]
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U.S. EXIM Bank Extends COVID19 Relief Measures for a Year

WASHINGTON, April 15 Reuters The ExportImport Bank of the United States said on Thursday its board of directors had approved a yearlong extension of its COVID19 temporary relief measures through April 30, 2022, including for the Working Capital Guarantee Program and Supply Chain Financing Program. EXIM said the measures, first implemented in March 2020 and […]
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