India’s goal on renewables to boost green bond sales overseas

Mumbai: India’s goal to more than double energy generation from renewable sources is fuelling bets that debt offerings from green companies may grow. Adani Green Energy Ltd kicked off a roadshow for a potential dollar bond as Prime Minister Narendra Modi announced the more ambitious plans. Indian alternative-energy firms have sold about $3.4 billion of […]

10 reasons why UAE is the region’s fastest growing e-commerce market

2019 is hailed as the year for online shopping in the UAE. As the e-commerce market gains momentum regionally and globally, customers today can get their hands on a vast range of consumer goods and services, all available via a tap, click or swipe. The UAE is making rapid strides as the fastest growing e-commerce […]

Twitter co-founder and Angel investor Biz Stone to invest in Kerala start-up

Thiruvananthapuram: Twitter co-founder and Angel investor Biz Stone on Friday said he would be investing in a Kochi-based start-up, Sieve. Stone said this through a video conference while addressing Huddle Kerala 2019, a start-up meeting held here. Founded by Sanjay Nediyara, a hearing-impaired entrepreneur, Sieve is a complete platform for freelancers and agencies that provide […]

China’s August industrial profits fall as headwinds hit firms

BEIJING: Profits at China’s industrial firms contracted in August, reversing the previous month’s brief gain, as weak domestic demand and the trade war with the United States weighed on corporate balance sheets. Industrial profits fell 2 per cent in August from a year earlier to 517.8 billion yuan ($72.59 billion), data released by the National […]

US unlikely to renew waiver for American Huawei suppliers

Brussels: The US probably won’t renew a temporary waiver that lets American companies do business with telecommunications giant Huawei Technologies Co. as Washington cracks down on Chinese companies. The government also isn’t ruling out additional punishments for allies that refuse to ban Huawei equipment in 5G networks, in addition to potentially cutting them off from […]