Recent Posts

Algeria to amend energy law by year-end

A view of a liquefied petroleum gas refinery in arzew

ALGIERS / Reuters Algeria plans to amend its energy law before the end of the year as the OPEC producer tries to attract more foreign investors, a senior source at state energy firm Sonatrach told Reuters. Algeria, a major gas supplier to Europe, wants to boost oil and gas revenues which were hit by a fall in global prices. But ...

Read More »

Sharp to monetise patents, amid focus on ultra HD TVs

Ceatec japan 2017 exhibition in chiba

Bloomberg Sharp Corp.’s US legal battle with Hisense Electric Co. marks the start of an aggressive new campaign by the Japanese electronics company to obtain royalties on its patents as the company focuses on ultra-high-resolution televisions and “smart home” devices. The Osaka-based Sharp plans to be more assertive when it comes to demanding patent royalties and may even start filing ...

Read More »

India’s General Insurance aims to raise $1.7bn in IPO

Bloomberg General Insurance Corp., India’s largest reinsurer, and its owner will seek as much as 113.7 billion rupees ($1.7 billion) after setting terms for the third-biggest initial public offering on record in the South Asian nation. GIC will offer 17.2 million new shares at 855 rupees to 912 rupees apiece, according to advertisement published on Wednesday in the Financial Express ...

Read More »
Send this to a friend