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Corporate News

Negative rates can do a lot more damage yet: a Nordic warning

HELSINKI: After half a decade of negative interest rates, one of the biggest Nordic pension funds is wondering whether this is just the beginning.


Egypt signs US$430mil gas deal with Texas’ Noble Energy

CAIRO: Egypt said it had signed several multimillion-dollar energy investment accords including a US$430mil deal for Texas-based Noble Energy to pump natural gas through the East Mediterranean Gas Company’s pipeline.


Pollution to badly affect Cox’s Bazar

Myanmar: Cox’s Bazar will be one of the most polluted places in the country when the 17 planned coal-fired power plants start operation in the district, predicts a report by two environmentalist organisations.