News
ZIMBABWE: Emmerson Mnangagwa requests urgent Eskom power supply for Zimbabwe
- Date: 08-07-19
- Category: ZIMBABWE
- Source: Business Live
The crisis is so bad that businesses and homes have to cope with 16-hour cuts a day
View full storyWAGE NEGOTIATIONS: Mathunjwa risks losing AMCU amid questions of identity and direction
- Date: 08-07-19
- Category: WAGE NEGOTIATIONS
- Source: Mining MX
THE Association of Mineworkers and Construction Union (AMCU) seems to have reached a plateau after its five-month strike in Sibanye-Stillwater’s gold mines effectively accomplished nothing beyond the impoverishment of its members. This winter’s platinum wage talks will show if it remains a force to be reckoned with or one that is about to hit a dead end.
View full storyFUEL CELLS: Plug Power CEO: Soon Fuel Cells Will Be Everywhere, Really
- Date: 08-07-19
- Category: FUEL CELLS
- Source: Forbes
Over the past five years Plug Power has installed more than 25,000 fuel cell units, including 5,500 units at 22 Walmart distribution centers. Indeed, the fuel cell industry may finally be getting some traction after a decade of slow adoption and technical frustration. The question now for companies like Plug Power is this: can they parlay survival into full-blown success? Plug Power’s CEO Andy Marsh is optimistic. I had a chance to catch up with Marsh recently and get his perspective on the ...
View full storyMACROECONOMICS: BASF Profit Warning Ripples Through Economy From Cars to Crops
- Date: 08-07-19
- Category: MACROECONOMICS
- Source: Bloomberg
BASF SE fired a warning shot across industries, as the world’s largest chemical company said slowing markets from cars to crops and the impact of the U.S.-China trade war threaten to cut profit by 30% this year.
View full storyNORNICKEL: Arctic’s biggest air-polluter distributes $3,7 billion in 2018 cash dividends to owners
- Date: 08-07-19
- Category: NORNICKEL
- Source: The Barent Observer
The annual General Meeting of Shareholders in Norilsk Nickel approved the final dividends for 2018 at 792,52 rubles ($12,25) per ordinary share, in total about $1,9 billion. This comes in addition to the interim dividends of $1,8 billion already set aside for the first six months of 2018.
View full storyESKOM: Eskom to name acting CEO when Phakamani Hadebe steps down month end
- Date: 07-07-19
- Category: ESKOM
- Source: Biz News
(Bloomberg) – South Africa’s struggling state-owned power utility will name an acting chief executive officer when incumbent Phakamani Hadebe steps down at the end of the month, according to a person familiar with the decision.
View full storyELECTRIC VEHICLES: Jaguar to make multi-million pound electric car investment in UK plant
- Date: 05-07-19
- Category: ELECTRIC VEHICLES
- Source: Reuters
LONDON (Reuters) - Britain’s biggest carmaker Jaguar Land Rover is making a multi-million pound investment to build electric vehicles in its home market, in a major boost to a sector hit by a slump in diesel sales and Brexit uncertainty.
View full storyFUEL CELLS: Toyota to supply hydrogen fuel-cell tech to China's FAW, Higer Bus
- Date: 05-07-19
- Category: FUEL CELLS
- Source: Reuters
BEIJING (Reuters) - Toyota Motor Corp will supply key hydrogen fuel-cell parts to Chinese automakers FAW and Higer Bus, as the Japanese automaker tries to promote the technology it continues to view as superior to rapidly spreading battery-powered vehicles.
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