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Sweden Announces USD23 Billion Liquidity Guarantees to Electricity Companies

Electricity companies in Sweden and neighboring countries will receive credit guarantees of up to 250 billion Swedish crowns (23 billion U.S. dollars) to tackle...

Zimbabwe Bank Lines Up Renewable Energy Strategy

HARARE - Zimbabwe’s State-run Infrastructure Development Bank of Zimbabwe (IDBZ) is working on a new plan to save the planet from climate change. The strategy will see...

UK Economy Contracts by 0.2% in Q3

The United Kingdom's (UK) gross domestic product (GDP) fell by an estimated 0.2 percent in the third quarter (Q3), the first quarterly contraction since...

2 killed, 24 Injured in Suicide Blast in Pakistan Attack

A suicide blast hit a police truck on Wednesday in Quetta, the provincial capital of Pakistan's southwest Balochistan province, killing two people and leaving...

Exxon Mobil buys Pioneer to expand oil production in the U.S.

Exxon Mobil announced Wednesday it was buying Pioneer Natural Resources, a shale drilling firm, for 59.5 billion U.S. dollars, in a bid to expand...