Macquarie Targets North Sea as the Green Energy Hub of Europe

Breadcrumb Trail Links PMN Business Macquarie Group Ltd. is betting the North Sea — engine of the UK’s once-booming oil and gas industry — can be transformed into the green energy hub of Europe. Author of the article: Bloomberg News Rachel Morison, Todd Gillespie and Isis Almeida 1rl33{ed98jq4qtat061pyvd_media_dl_1.png Bloomberg RSS Article content (Bloomberg) — Macquarie … Read more

Lloyd’s targets fresh capital with new vehicle – Daily – Insurance News

Lloyd’s targets fresh capital with new vehicle 5 August 2022 Lloyd’s has marked another milestone in its transformation plans, gaining regulatory approval for an arrangement that will make it more appealing for institutional investors and help attract more diverse sources of capital. The Prudential Regulation Authority and the Financial Conduct Authority have given approval for … Read more

Govt eases coal import targets as inventories improve in some states

India has eased coal import targets for utilities owned by state governments and private companies, according to an internal notice reviewed by Reuters. India’s power ministry has asked PSU utilities and private power producers to assess the amount of coal needed to be imported for blending, according to a … Read more

First Community Mortgage’s new CIO targets streamlining, transformation

Translated, Badstubner will help streamline First Community Mortgage’s processes, boost efficiency, and accelerate innovation. Growth and the job description Badstubner credited First Community Mortgage with focusing on growth, even in difficult market conditions, and he said the approach will inform his mission. “FCM is in a fairly unique category among mortgage companies these days in … Read more

Xi Jinping’s graft crackdown targets technology minister

China’s minister for industry and technology Xiao Yaqing is under investigation by the Chinese Communist party’s deeply feared internal watchdog, becoming the latest high-ranking cadre to run foul of President Xi Jinping’s crackdown on corruption. The Central Commission for Discipline Inspection said the 62-year-old was suspected of “violation of discipline and law”, without giving further … Read more

Almost half of rented homes to miss EPC targets: Propertymark

Close to half of privately rented homes in England are likely to miss the government’s energy efficiency rating target in six years, according to Propertymark. The estate and letting agent’s body says 40% of these properties look set to fail to meet the Department for Levelling Up, Housing & Communities 2021 proposals that new tenancies … Read more

Only decentralised renewable energy can help achieve 2030 targets: Experts

India may have taken great strides in utility scale deployment of renewable energy (RE), but the 2030 targets — as promised by Prime Minister Narendra Modi at the climate summit last year — can be achieved only by increased de-centralised installation of RE, experts have warned. At the annual … Read more

New UK Finance Minister Targets Flexibility of Post-Brexit Financial Regs, Solvency II

Britain’s government must focus on sound public finances and avoid further fueling inflation by pumping up demand, new finance minister Nadhim Zahawi is due to say in his first major speech on Tuesday. Zahawi will address the City of London’s annual Mansion House dinner, where he is set to confirm a post-Brexit reworking of financial … Read more

Opposition targets Centre over imposing GST on pre-packaged food items

The Opposition on Monday attacked the Centre over imposing GST on packaged food items such as milk and curd, saying it was Prime Minister Narendra Modi’s “masterstroke” of making India miserable. . Rahul Gandhi hit out at the ruling BJP and shared a graph on Twitter showing how commodities like curd, … Read more