October
Eskom Loss Widens to $1.2 Billion After Record S. Africa Outages
South Africa’s struggling power utility, Eskom Holdings SOC Ltd., reported a 23.9 billion-rand ($1.2 billion) annual loss after subjecting the country to record electricity outages.
Siemens Energy Soars as Chairman Says ‘No Need’ for State Money
(Bloomberg) -- Siemens Energy AG climbed the most on record after supervisory board chairman Joe Kaeser pushed back against suggestions the troubled turbine maker may need a taxpayer-funded bailout from the German government.
Borouge reports 22% increase in Q3 net profit for 2023
Borouge Plc, a leading petrochemicals company that provides innovative and differentiated polyolefins solutions, has delivered robust third-quarter performance, reporting a net profit of $282 million (AED1.04 billion) for the quarter ended September 30, marking a 22% increase over the previous quarter, the company announced on Monday.
