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Category utilities

US tariffs spur Indian textile shift to Europe, FTA hopes rise

US tariffs spur Indian textile shift to Europe, FTA hopes rise

Textile exporters from India have been on the hunt for new customers in Europe and offering discounts to existing ones in the US in order to minimi...
Sempra shares surge 5% after $10B stake sale in infrastructure unit

Sempra shares surge 5% after $10B stake sale in infrastructure unit

US electric and gas utility company Sempra (NYSE: SRE) said on Tuesday it would sell a 45% equity stake in its Sempra Infrastructure Partners unit ...
Octopus Energy spins off Kraken Technologies to unlock global growth

Octopus Energy spins off Kraken Technologies to unlock global growth

Octopus Energy, Britain’s largest electricity supplier, said on Thursday it would spin off its technology arm Kraken Technologies into a standalone...
Urban Company share price at 57% premium after blockbuster IPO: here’s why

Urban Company share price at 57% premium after blockbuster IPO: here’s why

Urban Company share price lists at 58% premium above the IPO price as the tech-driven home and beauty services platform made a stunning debut on th...
US Industrial production posts a modest rebound of 0.1% as autos and mining offset utility weakness

US Industrial production posts a modest rebound of 0.1% as autos and mining offset utility weakness

US industrial production eked out a 0.1% gain in August after falling 0.4% in July, the Federal Reserve reported on Tuesday. The modest rise reflec...