Two offshore jack-up drilling units will be acquired by the ADNOC Drilling Company

ADNOC Drilling Company has announced the signing of a sale and purchase agreement (SPA) for the purchase of two more premium offshore jack-up drilling equipment. The investment is a key component of the company's ambitious expansion strategy and is included in its three-year capital expenditu...

AUCHAN RETAIL FRANCE AND BORALEX SIGN WIND PPA

HIGHLIGHTS

• Auchan Retail France has signed a three-year contract Boralex Inc.
• The nature of contract is PPA.

Auchan Retail France will be buying wind power from Boralex Inc. under a new three-year contract. Under the terms of this co...

EUROPEAN CENTRAL BANK WILL CONTINUE TO AID COVID-19 AFFECTED AREAS

Highlights –

• COVID-19 leading to a recession-like situation in many countries in Europe.
• ECB has promised to help out coronavirus-stricken nations under its belt.
• The ECB will start buying corporate bonds.
• ECB may raise its...

LUFTHANSA REPORTS NET LOSS IN FIRST QUARTER

Highlights –

• Lufthansa reported a net loss of $2.3 billion in the first quarter.
• It confirmed a loss before interest and tax of $1.34 billion in the first three months.
• The German airline awaits a decline in 2020 earnings before ...

CHINA’S ECONOMY ALMOST FREEZES WITH NO PURCHASE ORDERS FROM THE WEST

After reporting the first case of coronavirus, China was once again in the news though this time for all the negative reasons. May it country’s exotic animal meat market or accusations made by the U.S. of making the COVID-19 and intentionally spreading it worldwide, China is constantly goin...

Purchase Havells, value target Rs 667

A value is the amount of installment or remuneration given by one gathering to another as an end-result of one unit of merchandise or services. A value is impacted by both generation expenses and interest in the item. A cost might be controlled by a monopolist or might be forced on the firm by ec...

Swedish Energy Agency (SEA) and the Global Green Growth Institute (GGGI) to begin the Program Mobilizing Article 6 Trading Structures

The Swedish Energy Agency (SEA) and the Global Green Growth Institute (GGGI) today concluded a Partnership agreement on the grounds of COP25 to begin the Program Mobilizing Article 6 Trading Structures (MATS), a pilot project aimed at developing Article 6 of the Paris Agreement. This new partners...

IDBI Bank and Muthoot Finance Had An Agreement

IDBI Bank entered a share purchase contract with Muthoot Finance to sell a stake in its subsidiary IDBI quality Management and IDBI radiofrequency Trustee Company.

IDBI Bank aforementioned that the bank has amongst alternative parties entered a Share purchase contract (SPA) with Muthoot...