September 2024 – Page 17

Indian State Coal Producer Looks to Sell Surplus Coal at Discount

September 23, 2024
Business
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NEW DELHI, Sept 23 Reuters Indian state governmentrun Odisha Coal and Power Ltd OCPL is looking to sell surplus coal from its mine in eastern India at a discount, an auction document showed, indicating lower demand for the fuel in the country. OCPL will auction 3 million tons of its surplus coal via online auctions […]

September 23, 2024
Business
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HANOI, Sept 23 Reuters South Korean electronic manufacturer Samsung Display Co plans to invest 1.8 billion for a factory this year in northern Vietnam to produce OLED displays for automobiles and technology equipment, the Southeast Asian country said on Sunday. The new facility for the manufacture of organic lightemitting diode OLED displays will be located […]

September 23, 2024
Business
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Sept 23 Reuters Alaska Airlines said on Monday that it experienced an IT outage that caused significant disruption to its operations, including delayed flights. Alaska issued a ground stop in Seattle, it said in a statement to Reuters, adding that the issue has been resolved but it expects some residual impact to operations. The ground stop […]

September 23, 2024
Business
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ZURICH, Sept 23 Reuters Swiss real estate company Ina Invest said on Monday it is considering a merger with its peer Cham Group, and that if talks are successful, shareholders of both firms will be able to vote on the plan in the spring of 2025. Ina said the merger is to be carried out as […]

September 23, 2024
Oil
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SINGAPORE, Sept 23 Reuters Oil prices rose on Monday, buoyed by concerns that heightened conflict in the Middle East may curtail regional supply and expectations last week39;s outsized U.S. interest rate cut will support demand. Brent crude futures for November were up 22 cents, or 0.3 at 74.71 a barrel at 0705 GMT. U.S. crude […]

September 23, 2024
Finance
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Significant progress has been made in the corporate climate leadership space, with companies setting ambitious climate targets. However, much work remains for these targets to gain credibility, our analysis shows.

September 23, 2024
Uncategorized
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SHANGHAI, Sept 23 Reuters China39;s central bank supplied 14day cash to its banking system for the first time in months on Monday and at a lower interest rate, signalling its intent to further ease monetary conditions. The People39;s Bank of China PBOC injected 234.6 billion yuan 33.29 billion into the banking system through open market […]

September 23, 2024
Uncategorized
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BENGALURU, Sept 23 Reuters Growth in India39;s business activity slowed to a ninemonth low in September amid a slight cooling in demand and an uptick in costs, according to a survey that also showed services sector jobs rose at the fastest pace in two years. HSBC39;s flash India Composite Purchasing Managers39; Index, compiled by SP […]

September 23, 2024
Uncategorized
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BERLIN, Sept 23 Reuters German business activity contracted in September at its sharpest pace in seven months, according to a survey on Monday that suggested Europe39;s largest economy had tipped into recession. The HCOB German flash composite Purchasing Managers39; Index, compiled by SP Global, fell to 47.2 from 48.4 in August, below the 48.2 forecast […]

September 23, 2024
Politics
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Austria39;s economy is shrinking, with inflation outpacing the EU average EU aims to phase out Russian gas by 2027, but Austria still heavily reliant Election outcome may influence speed of energy diversification VIENNA, Sept 23 Reuters The government that takes power in Austria after next Sunday39;s general election will face growing pressure to diversify its […]

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Capital Management

Indian State Coal Producer Looks to Sell Surplus Coal at Discount

Samsung Invests 1.8B more in Vietnam for OLED Manufacturing Plant

Alaska Airlines Reports IT Outage, Disruption in Seattle

Swiss Real Estate Firm Ina Invest Plans Merger with Cham Group

Oil Climbs on Middle East Escalation Fears, US Fed Rate Cut

Why investors should now be paying close attention to the energy transition

Chinas Cbank Injects Cash, Lowers 14Day Reverse Repo Rate

India Sept Business Growth at 9mth Low, Demand Eases, PMI

German Business Activity Sinks Deeper into Contraction, PMI

Austria Election Brings into Focus Russian Gas Habit and Sputtering Economy

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