Deutsche Bank not financing controversial African oil pipeline, source says

FRANKFURT, May 15 (Reuters) – Deutsche Bank (DBKGn.DE) is not financing a pipeline in Africa that environmental campaigners have said will displace thousands of families and disrupt nature reserves, a person with knowledge of the matter said on Sunday. Germany’s largest lender has come under pressure to clarify its stance on the financing of the… Continue reading Deutsche Bank not financing controversial African oil pipeline, source says

Exclusive: India’s Reliance to acquire dozens of brands in $6.5 billion consumer goods play

Customers buy grocery items inside a superstore of Reliance Industries Ltd, in Mumbai, India, October 7, 2020. REUTERS/Niharika Kulkarni/File Photo Register now for FREE unlimited access to Reuters.com Register India retail giant plans big push in consumer goods business Reliance in late-stage talks with 30 brands for deals-source Indian firm is hiring distributors, executives for… Continue reading Exclusive: India’s Reliance to acquire dozens of brands in $6.5 billion consumer goods play

Texas grid operator calls for power conservation as temperatures, prices soar

An electrical substation is seen after winter weather caused electricity blackouts in Houston, Texas, US February 20, 2021. REUTERS/Go Nakamura/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register HOUSTON, May 13 (Reuters) – The state of Texas’ power-grid operator on Friday called on residents to cut their electricity use this weekend after… Continue reading Texas grid operator calls for power conservation as temperatures, prices soar