September 2024 – Page 30

India to Add Record Renewables this Year as Green Push Gains Momentum

September 17, 2024
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GANDHINAGAR, India, Sept 16 Reuters India will connect a record 35 gigawatts GW of solar and wind energy capacity to its grid during the year ending March 2025, a top bureaucrat told Reuters, as it scrambles to achieve its 2030 clean energy target after falling short of a much publicised 2022 renewables goal. The world39;s […]

September 17, 2024
Finance
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BENGALURU, Sept 16 Reuters Indian shares hit record highs on Monday, underpinned by rising metal stocks on a favorable U.S. rate cut outlook, while Bajaj Housing Finance more than doubled over the issue price in its debut trade. The NSE Nifty 50 rose 0.11 to 25,383.75, while SP BSE Sensex gained 0.12 to 82,988.78. Both the benchmarks rose […]

September 17, 2024
Finance
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FTSE 100 down 0.1 Playtech leaps after hiking core profit forecast Phoenix Group down on halting SunLife sale Sept 16 Reuters London39;s bluechip stock index edged lower on Monday as a rising British pound weighed on exportoriented companies, while investors focussed on a week of key central bank rate decisions. The benchmark FTSE 100 was down […]

September 17, 2024
Finance
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Rexel jumps after rejecting 9.4 bln QXO bid UK insurer Phoenix falls on halting sale of unit SunLife STOXX 600 up 0.1 Sept 16 Reuters European shares were subdued at the start of a datapacked week, the highlight of which will be the Federal Reserve starting its longawaited monetaryeasing cycle, with many investors leaning towards […]

September 17, 2024
Finance
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LONDON, Sept 16 Reuters The British pound rose against the dollar on Monday, after closing slightly in negative territory last week, ahead of this week39;s UK inflation data and central bank meeting. Sterling rose by 0.5 on the day to 1.3190, above the 1.3125 it recorded at Friday39;s close. Sterling is holding up quite well, […]

September 16, 2024
Business
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LONDON, Sept 16 Reuters The London Metal Exchange LME has appointed former Credit Suisse banker Robert Arbuthnott as group chief financial and administrative officer, it said on Monday. Arbuthnott served as head of group finance and chief accountant for the Credit Suisse Group for seven years and before that was the CFO of the UK […]

September 16, 2024
Business
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PwC backs China territory arm with 39;tangible investments39; New territory head Hemione Hudson works on remedial plan PwC work for Evergrande in Hong Kong under investigation HONG KONG, Sept 16 Reuters PwC is making tangible investments to ensure the Big Four firm has high quality and sustainable business in China, it said in a memo […]

September 16, 2024
Business
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Britain39;s financial watchdog examining pure protection insurance Shares fell 2.8 as SunLife news overshadowed strong results Phoenix39;s H1 cash generation and profit surpassed expectations Sept 16 Reuters British insurer Phoenix Group has stopped the sale process of its SunLife business, it said on Monday, citing regulatory scrutiny into what is known as the pure protection insurance […]

September 16, 2024
Finance
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First Solar is poised to reap the benefits of the IRA and trade barriers aimed at Chinese rivals. Though it holds under 3% share of the global market, 2024 Ebitda may exceed $2 billion — outstripping the total for the three largest solar-module makers.

September 16, 2024
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JERUSALEM, Reuters Israel39;s inflation rate surged in August to its highest rate in nearly a year, data from the Central Bureau of Statistics showed on Sunday, reducing the likelihood of more interest rate cuts anytime soon. The annual inflation rate rose to 3.6 last month from 3.2 in July, its highest level since last October. […]

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India to Add Record Renewables this Year as Green Push Gains Momentum

Metals, Energy Boost Indian Shares to Record Highs

London Stocks Lose Ground, GBP Rises on Bets of Bigger Fed Rate Cut

Europes STOXX 600 Inches Up at Start of ActionPacked Week, Fed in Focus

GBP Gains ahead of UK Inflation Data, BoE Meeting this Week

LME Appoints Former Banker as Chief Financial and Administrative Officer

PwC Invests in High Quality Business in China after Record Fine, Internal Memo

UK Insurer Phoenix Halts SunLife Sale on Regulatory Uncertainty

First Solar may grab lion’s share of profit

Israel CPI Jumps to 10Month High of 3.6 in August

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