GE appoints Repsol’s Zingoni as CEO of power business – memo

The logo of US conglomerate General Electric is seen on the company building in Belfort, France, October 19, 2019. REUTERS/Vincent Kessler Register now for FREE unlimited access to Reuters.com Register LONDON/CHICAGO, Sept 20 (Reuters) – General Electric Co (GE.N) has hired Mavi Zingoni as head of its power unit, which includes gas, steam and nuclear … Read more

With e-scooter sales going up in smoke, Ola launches 20 retail outlets across India

Electric scooters made up 3.6 per cent of India’s two-wheeler sales between January and June this year, and also account for 56 per cent of all EVs in the country. At the same time repeated incidents of e-scooters catching fire, largely due to overcharging, prompted the government to issue notices to multiple firms this year. … Read more

Experts talk digitalization of economy, climate change

Lyna Mohamad Over 40 people from different backgrounds, including embassy representatives, professionals, graduates and secondary school students, gathered to witness a dialogue on the economic and climate future of Brunei Darussalam and the region. Organized by the Global Awareness and Impact Alliance (GAIA), a local-based non-governmental organization (NGO), the dialogue ‘In the Middle: A Dialogue … Read more

Rains dampen Indian state retailers’ Aug. 1-15 diesel sales

A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register NEW DELHI, Aug 16 (Reuters) – Gasoil sales by Indian state fuel retailers in the first half of August were subdued from levels … Read more

Big Tech in finance? There’s a regulator for that

The logo for Amazon Web Services (AWS) is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 1 (Reuters Breakingviews) – Technology companies have stormed the heights of consumer finance, but they don’t face the regulation … Read more

Bargain-basement house sales of the century ain’t going to happen, financial advisers say

Home buyers and sellers are playing a wait-and-see game. Photo / Getty Images A good interest rate is more important than a cashback home loan offer financial experts say, as that is where significant savings can be made. One mortgage broker also warns against waiting to score a home at a rock-bottom price or get … Read more

Welcome to PlayStation family: Sony completes $ 3.6 bn acquisition of Bungie

Japanese giant Sony has closed the $ 3.6 billion acquisition of Bungie, the developer of Destiny and the original creator of the hugely popular Halo franchise. “The agreement to acquire Bungie has closed. So now we can officially say… welcome to the PlayStation family,” the company said in a tweet late on Friday. The Sony-Bungie … Read more