European equities closed higher, with investor sentiment boosted by a reshuffle of the team of Greek officials that are negotiating with its creditors.» Read More
PARIS, June 4- In 2011 the International Energy Agency saw potential for a "golden age of gas". In Asia, gas comes largely in the form of pricey Liquefied Natural Gas and has to compete with locally-produced coal. On Thursday, the head of Italian utility Snam said demand would be flat until 2030. The IEA also weighed in with a cut to its five-year forecast to 2 percent a...
SHANGHAI, April 27- Stocks in China and Hong Kong rose to fresh seven-year highs on Monday morning, led by heavyweight Chinese state-owned enterprises on expectations that Beijing will accelerate mergers in the underperforming sector. "We don't see a slowdown in money inflows, so more liquidity will likely push stock indexes higher," wrote Sun Jianbo,...
PARIS, April 24- Foreigners are set to take over several French blue chip firms this year and will largely do what they want with their prizes- showing the limits of new laws passed in the name of "economic patriotism." Economy Minister Emmanuel Macron spoke last month of "the determination and the ability of the state to use all weapons available to investors" to help...
LONDON, March 12- Short interest in shares of European utilities has risen in past weeks, as investors become bearish on the stocks because of poor earnings outlooks and pressure on their dividend payouts. But expectations rates will rise in the United States and the United Kingdom have boosted bond yields, making utilities less attractive after a recent share...
PARIS, Feb 27- French nuclear group Areva plans to cut 15 percent of its wage bill to save 300 million euros a year within three years amid worsening sales prospects for its reactors, union sources briefed by the new management team said. Areva is weighed down by heavy debt and suffering from an industry slowdown, a lack of orders, and legal troubles over a nuclear...
The $18 billion in green bonds this year compares with $10.9 billion in 2013, but with the growth come significant growing pains.
European markets closed lower on Wednesday, amid concern over the violence in Iraq.
The "green" corporate bond market will double in size this year, according to Standard & Poor's ratings services.
Asian stocks enjoyed a strong rebound on Wednesday as investors cheered a brightening picture of the global economy, but Chinese shares underperformed.
European equities closed higher on Monday, still posting gains after a rally on U.S. jobs data last Friday.
European shares closed lower on Monday, after news of an unexpected slowdown in China sparked a commodities sell-off.
European shares finished in positive territory Thursday as the ECB and the Bank of England kept interest rates unchanged.
DUBAI, Oct 11- Yemen's only liquefied natural gas terminal began exporting LNG again this week, ship tracking data showed on Thursday, after being forced to shut when its feed pipeline was blown up in late September.
LONDON, Oct 11- European equities were set to fall for a fourth straight session on Thursday, mirroring losses on Wall Street and in Asia, with concerns about weaker corporate earnings and global growth seen pushing shares towards one-month lows.
EDF Chief Executive Henri Proglio is expected to step down from French utility Veolia's board, French daily Les Echos reported. Europe's car market will not really recover without EU-led coordination of capacity cuts, Fiat and Chrysler Chief Executive Sergio Marchionne said, in an apparent back-track on comments he made at the Paris auto show last month.
BRUSSELS, Oct 10- GDF Suez' Belgian unit Electrabel said on Wednesday that it has closed its 350 MW combined-cycle gas turbine plant at Saint-Ghislain, near the French border, after an explosion earlier in the day.
*Says hopes to be profitable in France "very quickly". launched a retail gas offer in France on Tuesday, hoping to triple its number of customers by 2016 in a tightly-knit market still dominated by former monopoly GDF Suez.
MOSCOW, Oct 8- Gazprom on Monday launched the second line of the Nord Stream pipeline which brings Russian gas to Germany via the bed of the Baltic Sea, but actual gas volumes remained unchanged due to lack of sufficient growth in demand.
LONDON, Oct 5- British engineer AMEC said chief operating officer Neil Bruce is leaving the company as part of a restructuring of the way the business is organised. AMEC said on Friday that Bruce will step down straight away after 15 years at the firm because the COO position will no longer exist under a new organisational structure.
WARSAW, Oct 3- GDF Suez would demand compensation from Poland if the country brings in a new renewables law cutting support for green energy, Chief Executive of GDF's Polish unit Grzegorz Gorski was quoted saying on Wednesday.