Recent Posts

Emicool signs pact to increase solar capacity by 238%

  Dubai / WAM Emirates District Cooling Company (Emicool), a joint venture between Dubai Investments, a leading investment company listed on the Dubai Financial Market (DFM) and Actis LLC, a leading global investor in sustainable infrastructure, has signed a Power Purchase Agreement with Emirates Electrical Engineering (EEE), one of the solar market leaders in the UAE. The agreement confirms the ...

Read More »

Best Buy soars most since 2020 after tempering rocky outlook

  Bloomberg Best Buy Co. jumped the most in more than two years after modestly improving its profit forecast and signalling its recent sales slump is starting to ease. Adjusted operating income this year will be “slightly higher” than the previous forecast of 4% of sales, the consumer-electronics retailer said as it reported third-quarter results. In addition, the decline in ...

Read More »

Escape slides of Airbus superjumbo at risk of bursting

Bloomberg Emergency slides on Airbus SE A380 superjumbos are in danger of bursting when deployed after suffering degradation while jets were idled during the coronavirus crisis, Europe’s aviation regulator warned. Operators of the double-decker must replace escape chutes on two over-wing and six upper-deck exits when returning their aircraft to service, the European Union Aviation Safety Agency (EASA) said in ...

Read More »
Send this to a friend