August
Rolls-Royce Mulls Funding Options for Reactor Unit, FT Says
Rolls-Royce Holdings Plc has held exploratory talks with advisers over funding options, including an initial public offering, for its small nuclear reactor unit, according to the Financial Times.
Adani, Torrent Power Bag $3.7 Billion Coal-Based Deals in India
Adani Group’s power unit and Torrent Power Ltd. secured separate contracts worth a combined 325 billion rupees ($3.7 billion) from the central Indian state of Madhya Pradesh to build coal-fired power plants, underscoring the country’s growing reliance on the fossil fuel to meet its energy needs.
BYD Posts Shock Profit Drop as Price War Hits Chinese EV Maker
BYD Co. reported a surprise drop in quarterly profit due to fierce price competition in its home market, piling more pressure on the Chinese carmaker already poised to miss its annual sales targets.
