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October 18, 2021

FIRMS

Microsoft says Iran-linked hackers have targeted US and Israeli defense firms

CNN
USA TODAY – For more and to sign up click here Among the targets were companies that work with the US, European Union and Israeli governments to make satellite systems, drones technology and “military-grade radars,” Microsoft said. It’s just the latest effort by an alleged Iranian hacking group to access......

Chinese property firms slump as Evergrande angst spreads

Reuters
A man walks past a No Entry traffic sign near the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/Files Fantasia onshore bond trade suspended after slumping >50% Property sector shares down 1.5% at midday Evergrande due to pay nearly $150 mln in coupons......

U.S. aerospace firms commit to net zero emissions by 2050 -sources

Reuters
A passenger plane passes in front of the moon as it makes its final landing approach to Heathrow Airport in London, Britain September 12, 2019. REUTERS/Toby Melville Oct 3 (Reuters) – U.S. aerospace manufacturers are poised to strengthen a climate target by pledging to reach net-zero emissions by 2050, echoing......

China asking state-backed firms to pick up Evergrande assets – sources

Reuters
An aerial view shows the construction site of Guangzhou Evergrande Soccer Stadium, a new stadium for Guangzhou FC, developed by China Evergrande Group, in Guangzhou, Guangdong province, China. Picture taken September 26, 2021 with a drone. REUTERS/Thomas Suen HONG KONG, Sept 28 (Reuters) – Beijing is prodding government-owned firms and......

Evergrande crisis will not have ‘serious implications’ on Indian metal firms, says analyst

CNBC Real Estate
Indian metal companies are unlikely to be seriously affected by the crisis unfolding at Chinese property developer Evergrande, according to financial services firm Motilal Oswal. China plays an important role in determining global commodity prices, including that of metals. The country’s real estate sector is a major consumer of steel,......

These law firms are guiding Partner Group’s Milestone stake buy

Reuters
Signage is seen outside of the law firm Kirkland & Ellis LLP in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly Summary Companies Law firms Kirkland, Latham, McGuirewoods support transactions The company and law firm names shown above are generated automatically based on the text of the article. We are......

Energy firms’ collapse hits 1.5 million customers

BBC
https://www.bbc.co.uk/news/business-58657802?at_medium=RSS&at_campaign=KARANGA Igloo, for example, has said it is working with restructuring consultants Alvarez & Marsal, although it told the BBC it had not appointed administrators. Bulb, the UK’s sixth largest energy company with 1.7 million customers, is also seeking additional financing. BBC – For more and to sign up click......

British energy firms fear collapse as Europe’s gas crisis sees prices surge 250%

CNBC
CNBC – For more and to sign up click here Aman Sharma | Getty Images LONDON — Britain’s energy industry could be headed for a significant shake-up, industry insiders have warned, as countries all over Europe grapple with an unprecedented crisis in the power sector. Wholesale gas prices have spiked across......

Bill Gates secures hundreds of millions from U.S. firms for climate fight

CNBC
CNBC – For more and to sign up click here Bill Gates at Munich Security Conference on February 17, 2017 in Munich, Germany. Michael Gottschalk | Getty Bill Gates has raised hundreds of millions from seven large U.S. companies to develop clean technologies that could play a key role in......

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