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Engie SA eyes 7GW pipeline in Africa amid strategic focus
- cnnnews
- September 9, 2024
- 0
Engie SA, the French utility, is focusing on integrating its $1 billion acquisition of renewable energy assets in Africa while aiming to develop a pipeline of seven gigawatts of projects. Despite market challenges like grid constraints in South Africa, Engie is exploring opportunities in transmission projects as the government seeks private sector involvement. The company
French economy to go into reverse as Olympic boost fades, INSEE says
- cnnnews
- September 9, 2024
- 0
PARIS (Reuters) – France’s economy accelerated in the third quarter thanks to the Olympic Games but is set to go into reverse before the end of the year, the country’s INSEE statistics agency forecast on Monday. An influx of tourists attending the Paris Olympics boosted consumer spending in the euro zone’s second-biggest economy, providing a
USD/INR flat lines ahead of India PMI data
- cnnnews
- September 4, 2024
- 0
Indian Rupee trades flat in Wednesday’s Asian trading hours. Possible RBI interventions and lower crude oil prices might support the INR, while firmer USD could limit its upside. Investors await the HSBC India Services PMI on Wednesday for fresh impetus. The Indian Rupee (INR) holds steady on Wednesday. Traders remain vigilant for potential interventions from