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New EU N-plants need $568 billion investment: Breton

  Bloomberg A “colossal” investment in nuclear energy will be needed over the next 30 years to meet the European Union’s emissions reduction targets and growing demand for electricity, the bloc’s internal market chief Thierry Breton said. Existing nuclear plants need 50 billion euros of investment through to 2030, while the next generation will require 500 billion euros ($568 billion) ...

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Global brands in India have a mutiny at hand

  From Unilever Plc to Colgate-Palmolive Co., consumer goods makers in India are facing distribution blues that have nothing to do with pandemic-induced shortages and bottlenecks. The trusted middlemen that brands have traditionally relied on to reach millions of small neighbourhood stores in 8,000 towns and 660,000 villages are in revolt. It’s a mutiny that the multinationals have invited upon ...

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There’s no easing for the ECB in 2022

Italy is out of the traps fast in 2022 with a new 30-year syndicated bond. It’s a bold move as European yields have increased substantially in recent weeks in conjunction with the selloff in US Treasuries. Investor appetite is still strong with over 43 billion euros ($49 billion) of orders for what is an expected 7 billion euro issue — ...

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