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Adani Power scraps coal plant purchase

  Bloomberg Adani Power Ltd. has called off its plan to acquire a coal plant project in central India, as billionaire Gautam Adani looks to rein in spending and rebuild investor confidence in the wake of a bruising short seller report. The Adani Group company and DB Power Ltd. mutually agreed not to proceed with the transaction after a long-stop ...

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France’s need to burn gas pushes power emissions to 5-year high

Bloomberg France’s greenhouse gas emissions from its power sector jumped to a five-year high in 2022 as nuclear outages forced it to use more gas to keep the lights during the energy crisis. Emissions from generating electricity rose 16% to 25 million tons of carbon dioxide equivalent, grid operator Reseau de Transport d’Electricite said in a report. The increase shows ...

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The extraordinary exit of women of Silicon Valley!

  Bloomberg The resignation of YouTube chief Susan Wojcicki after 25 years at Google is another example of an unsettling trend in Silicon Valley: High profile women are heading for the exits. Just this week, Meta Platforms Inc Chief Business Officer Marne Levine stepped down after 12 years at the social media juggernaut. Last year, Sheryl Sandberg left her role ...

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