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Temasek, EQT form $500mn India renewable energy venture

Bloomberg Singapore’s Temasek Holdings Pte and Swedish private equity firm EQT AB have formed a $500 million venture that will invest in solar and wind power generators across India. The O2 Power renewable energy platform, first reported by The Economic Times in November, will draw down on the funds over several years as it finds suitable deals, Temasek and EQT ...

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Lebanon gets new government after three months of protest

Bloomberg Lebanon unveiled a new cabinet lineup, some three months after mass protests against entrenched corruption brought down the government and shook the economy. The incoming team of 20, led by former education minister Hassan Diab, will have to act fast to address the country’s worst financial and economic crisis in decades. Tens of thousands of people have taken to ...

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Trump downplays US troops’ injuries in Iran missile attack

Bloomberg President Donald Trump acknowledged that Americans were hurt in an Iranian missile barrage to retaliate for the US killing of a top general, and said the injuries were “not very serious.” “I heard they had headaches,” Trump told reporters on Wednesday during a press conference at the conclusion of a two-day trip to the World Economic Forum in Davos, ...

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