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Japan’s Toshiba confirms $20-billion takeover bid from British fund

Toshiba is one of Japan’s oldest and largest firms whose business empire stretches from home electronics to nuclear power stations Japanese conglomerate Toshiba has received a buyout offer from a British private equity fund in a deal that could be worth about $20 billion (14.5 billion euros). The scandal-hit firm’s shares were temporarily halted on […]

Energy Policy: Supporting Low Carbon Transition in Asia and the Pacific

Bankrupt wind turbine maker Senvion in talks to buy time for rescue deal

The company is in discussions with creditors to extend a 100 million euro ($111 million) insolvency loan so it can avoid having to agree to sell at any price FRANKFURT: Bankrupt German wind turbine manufacturer Senvion is in talks to buy time to strike a rescue deal as negotiations with potential buyers of the company […]

Carbon Emissions from Energy Dropped 10 Per Cent in the EU Last Year