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Winds of change: how Enel and Iberdrola powered up for the energy transition

Europe's biggest utilities Enel and Iberdrola saw the clean energy transition coming decades ago when others baulked at the high cost of producing energy from the sun and wind and instead stuck with coal and oil.

Markets

BP hits US$35 billion net debt target well ahead of schedule

BP expects to reach its US$35 billion net debt target in the first quarter of 2021, the energy group said on Tuesday, following earlier-than-expected proceeds from disposals and a "very strong" quarter.

Markets

Vietnam lifts ban on transit by Boeing 737 MAX planes

Vietnam has allowed Boeing 737 Max planes to transit in the country after they were suspended in 2019 over safety concerns, state media reported on Tuesday, citing the Ministry of Transport.

Markets

LG Electronics fans bemoan end of era as firm exits smartphone business

Fans of LG Electronics smartphones rued the loss of more affordable Android-based devices after the South Korean tech company said on Monday it would quit the business, with some praising LG for the innovation it brought to the industry.

Markets

EasyJet CEO criticises testing requirements in Britain’s travel restart plan

The chief executive of British airline easyJet criticised some of the government's plans to restart travel, saying COVID-19 tests should not be required for passengers travelling to low-risk destinations.

Markets

The role of sovereign digital currencies in the future of money

Cryptocurrencies such as bitcoin have been making the headlines for their sharp price movements, but they are not the only digital currencies to take note of. Money Mind looks at the role of sovereign digital currencies in the future of money.

Markets

Taiwan’s Acer sees global chip shortage gradually easing

TAIPEI: A global shortage of chips for mid-end consumer products is starting to ease and will be much better come the second half of the year, a senior executive at Taiwan's Acer, the world's No. 5 personal computer vendor by shipments, said on Tuesday (Apr 6). From delayed car...

Markets

French state could become biggest shareholder in Air France: minister

The French state will be able to raise its shareholding in Air France to nearly 30per cent and become its biggest shareholder under a state-backed refinancing to help the airline through the COVID-19 crisis, French Finance Minister Bruno Le Maire said on Tuesday

Markets

Dolce & Gabbana CEO denies talks with Kering over possible tie-up – paper

Dolce & Gabbana is not in talks with French luxury group Kering over a possible tie-up, the chief executive of the Italian fashion company said in an interview published on Tuesday.

Markets

Credit Suisse overhauls executive board as it estimates Archegos fallout at US$4.7 billion

Credit Suisse on Tuesday said it was replacing senior managers and reducing proposals for its 2020 dividend and executive compensation as it grapples with the estimated 4.4 billion Swiss franc (US$4.69 billion) fallout from its relationship with Archegos Capital Management LP.

Markets

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