Thursday , 25 December 2025

Recent Posts

Germany to offer cash sweeteners to revive wind power

Bloomberg German Chancellor Angela Merkel’s government may try to tame growing opposition to onshore wind developments by offering cash sweeteners to local councils and consumers. A plan drawn up by officials in Berlin suggest municipalities could earn as much as 20,000 euros ($21,600) a year for each newly-erected wind turbine in their districts from 2021, according to a copy of …

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Ryanair taps UK loan plan, digs in for slow recovery

Bloomberg Ryanair Holdings Plc boosted its liquidity with a 600 million-pound ($726 million) loan backed by the UK government and said the coronavirus crisis will reduce passenger numbers by half over the next year. Europe’s biggest low-cost carrier is tapping Britain’s Covid Corporate Financing Facility (CCFF) as it digs in for a slow recovery that’s set to see a price …

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Thai Airways one step closer to bankruptcy

Bloomberg Flag carrier Thai Airways International Pcl is a step closer to restructuring via a bankruptcy court after a key government panel backed the plan, which is due for consideration by the Cabinet on Tuesday. A committee that oversees policies for state-run enterprises agreed that the airline should seek such a rehabilitation, government spokeswoman Narumon Pinyosinwat told reporters in Bangkok …

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