Monday , 29 December 2025

Recent Posts

Trade tensions derailed global economy: OECD

Bloomberg Trade tensions have derailed the global economy, plunging it onto a low-growth track that’s clouded by risks, according to the Organisation for Economic Co-operation and Development’s (OECD) latest outlook. The report sticks to the gloomy tone long held by the Paris-based organisation, which has warned that trade disruptions could ricochet throughout the world economy. Now that scenario has come …

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Centrica maintains outlook as customer defections slow

Bloomberg Centrica Plc kept its full-year outlook and said the rate of customers leaving the UK’s biggest energy supplier is slowing. Shares rose the most since September. The utility still sees adjusted operating cash flow for the full year of between 1.8 billion pounds ($1.38 billion) and 2 billion pounds, it said in a trading statement. Centrica lost 234,000 energy …

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Xinyi Energy raises $465 million in IPO

Bloomberg Xinyi Energy Holdings Ltd., a Chinese solar farm operator, raised $465 million after pricing its Hong Kong initial public offering near the bottom of a marketed range, people with knowledge of the matter said. The unit of Xinyi Solar Holdings Ltd. sold 1.88 billion shares at HK$1.94 apiece, the people said, asking not to be identified because the information …

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