Thursday , 12 February 2026

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Unions oppose Norway power export drive

Bloomberg Norway’s vast resources of Europe’s cheapest and greenest electricity has helped its energy-intensive industry gain an edge and produce everything from aluminum to chemicals and tankers. But now the nation’s powerful unions are objecting to plans by grid managers and utilities to get in on the act by spending more than $6 billion on cables to profit from selling …

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Saudi Aramco mulls expansion to India

Riyadh / Reuters Saudi Aramco, the state oil company of Saudi Arabia, is considering entering India as part of its Asian expansion, Nikkei said, citing Aramco’s CEO who said that plans for an Indian refinery are crystallising. “Saudi Aramco is looking at additional investments in China, and India is also a very important destination which we are giving great consideration, …

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EU softens push to keep clients from exiting failing banks

Bloomberg European Union policy makers are softening plans to stop clients pulling money from banks suffering a financial crisis, according to a draft plan seen by Bloomberg News. Regulators have been debating the length of time that traders and other clients should be suspended from yanking funds when a lender is deemed to be failing. An earlier proposal for two …

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