Dubai / WAM Dubai Chambers has announced its participation in the Dubai Can sustainability initiative by launching a special campaign for its employees to reduce the use of single-use plastic water bottles at the organisation’s headquarters. The announcement was made during a staff gathering event hosted by the chamber. It was attended by Yousuf Lootah, Executive Director, Tourism Development & ...

  Bloomberg President Joe Biden’s plan to kick-start domestic solar-panel manufacturing depends for now on a federal fund with less than a half billion dollars that’s already being tapped to pay for products including military drones and baby formula. That funding—even if fully dedicated to solar production—would only be enough to open a few factories capable of cranking out a ...

  Bloomberg The stock offering for Brazilian power company Eletrobras raised $6.9 billion, becoming the world’s second-largest equity deal of 2022, while also privatising Latin America’s biggest utility in the process. Eletrobras and state-run development bank BNDES sold a combined 697,476,856 shares at 42.00 reais ($8.56) a piece, a discount of about 2.4%, according to a filing, confirming an earlier ...