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HELSINKI: Two of Finland’s biggest pension funds, with combined assets of US$108 billion, are determined to make their portfolios carbon neutral over the next decade and a half, in a race to dodge the fallout of global warming before it’s too late.
PETALING JAYA: Singapore-based private equity firm Kendall Court has bought another 35 million shares in the international telecommunications and technology firm, Green Packet Bhd, raising its stake to over 10%. On Friday, stock filings showed that Kendall Court paid around 85 cents apiece of Green Packet stock in an off-market transaction.
KUALA LUMPUR: Dayang Enterprise Holdings Bhd, an oil and gas contractor, said annual revenue surpassed the RM1bil mark for the first time on robust maintenance job orders and higher vessel utilisation.
KUALA LUMPUR: Most key Asian markets except for China closed markedly lower on Friday as the impact of the Covid-19 continued to batter investor sentiment while the virus continued to spread.
(Reuters) - California is suing the administration of President Donald Trump for what it calls the administration's failure to protect endangered species in the Sacramento and San Joaquin rivers.
KUALA LUMPUR: Yinson Holdings Bhd's units have received letter of intent for two contracts from Aker Energy Ghana Ltd to provide a floating production, storage and offloading (FSPO) vessel and also an operation and maintenance contract.
OSLO: Norwegian oil and gas investments, the country’s key economic driver, will rise more than previously expected but will fall in 2021, an industry survey by Statistics Norway (SSB) showed.
MELBOURNE: Electric vehicles have charged up investments around the world, but Australia is revelling in a slew of deals involving old-school petrol stations, with a bidding battle developing for one of its top fuel retailers, Caltex Australia.
PETALING JAYA: Carimin Petroleum Bhd’s net profit grew 53% to RM8.05mil for the second quarter ended Dec 31,2019 from RM5.26mil in the corresponding quarter last year on higher offshore activities and utilisation of marine vessels.
KUALA LUMPUR: A late rebound on Bursa Malaysia fizzled out due to the lack of strong follow through buying on Thursday while the broader market was mixed as investors awaited the stimulus programme to be announced on Feb 27.