Indonesia and the Asian Development Bank have agreed a provisional deal with the owners of the Cirebon-1 coal-fired power plant to shutter it almost seven years earlier than planned, the ADB's senior climate change energy specialist told Reuters.
As global leaders gather in Dubai for the world's U.N. climate conference, delegates hope to clinch an early victory on a disaster fund on Thursday before the summit turns its focus to fossil fuels and other divisive topics.
The OPEC+ alliance was set to hold a set of meetings on Thursday to discuss additional oil production cuts for next year to support the market, three delegates told Reuters.
The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on the bourse from selling stock, worried that such sales could douse a long-desired rally, three people familiar with the matter said on Monday.
China-founded fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter told Reuters on Monday.
DoubleDragon Corp., a listed property developer, said its gross floor area reached 1.5 million square meters with the completion of its fully pre-leased 5-hectare CentralHub warehouse complex in Cebu.
PLDT Enterprise has reinforced its 23-year partnership with the Philippine Retailers Association (PRA), securing strategic agreements that enable the telco to deliver customized digital solutions to retail businesses nationwide. This renewal supports PLDT’s broader commercial objective of accelerating digital adoption across industries and bolstering its leadership in the enterprise ICT market.
Manila Electric Co., the country’s largest power distributor and more popularly known as Meralco, said Friday consumers will see in their latest electricity bill an increase P0.4883 per kilowatt-hour (kWh) after two consecutive months of decreases.