Abu Dhabi / WAM Sultan bin Saeed Al Mansoori, UAE Minister of Economy, discussed ways to further develop economic cooperation frameworks with Mexico during a number of bilateral meetings held with Mexican ministers and other government officials, in connection with UAE delegation’s participation in the “Mexico-UAE Business and Trade Forum” hosted by Mexico. During Al Mansoori’s meeting with Miguel Torruco …

Bloomberg India’s federal government will encourage inefficient state power utilities to seek privatisation and other institutional reforms to turn around money-losing operations and ensure reliable supplies to consumers, according to the top bureaucrat in the federal power ministry. States with electricity utilities that lose more than 15% of revenue due to archaic networks, power theft and sloppy billing and collections …

Bloomberg Iberdrola SA expects sharp growth in profit this year, driven by rising power output after earlier investments in renewable energy and transmission assets ramped up. Earnings before interest, taxes, depreciation and amortisation rose 8.1% to a record $11 billion in 2019 from a year earlier, roughly meeting the average estimate of 10.01 billion euros by 19 analysts surveyed by …