According to Alstom's estimates, by 2020, the grid businesses would spend US$64.3 billion for new equipment.
Industry
Financial Institutions may shy away from funding Delhi-Jaipur expressway if land not acquired
India’s Road Minister Oscar Fernandes said that unless major lands are handed over, financial institutions that would lend for the construction of expressways in the country could possibly shy away.
US, China agree for investment treaty talks
China and US agreed last Thursday to reinstate a stalled negotiations over an investment treaty. China and the United States of America agreed on Thursday to restart the halted investment negotiation treaty.
US, Myanmar discuss future ventures
Myanmar government figures and US companies met to discuss future investment endeavors. In a meeting between representatives of American companies and Myanmar government officials, the lack of investments from the United States was highlighted and discussed.
'Super Angels' provide better chances for UK upstarts
Angel investors are saving the upstarts in the UK, according to a Deloitte poll. Recent studies show that a new breed of 'super angel investors' are driving the United Kingdom's economic growth by filling the void left by the absence of traditional venture funds for upstart firms.
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Petroleo Brasileiro SA's acquisition of Angolan LNG's first cargo was expected to lessen the shipping demand.
EasyJet gets approval from majority of its shareholders to proceed with its plan to purchase additional Airbus planes.
Due to free trade agreements with many nations, Morocco is set to become the next investment hub, analysts said.
The Bank of America downgraded its rating on financing firm CYS Investments. The Bank of America downgraded CYS Investments to an "underperform" rating from a previous "neutral" classification in a research note released today.
The Philippines' foreign portfolio investments increased in June, said the country's central bank.
Mass. Secretary Galvin launched an investigation on complex investment options to seniors. An investigation on higher risk investments was initiated by Massachusetts Secretary William Galvin today.
The privately held company gets deal with Johnson & Johnson Development Corporation and New Enterprise Associates as co-lead investors.
PTT Pcl announced that it is cutting their 2013 investment budget PTT Pcl announced that it is cutting their 2013 investment budget by 46% to 54. 6 billion baht or US$1.
Microsoft announced that it had officially concluded InRelease acquisition. Microsoft has now officially reported that it has concluded the purchase of InRelease, InCycle's business venture unit, a few weeks following the deal was revealed.
