February 23, 2025
Operating Assets

Can you actually afford to rent in the Western Cape?

You can also listen to this podcast on iono.fm here. ADVERTISEMENT CONTINUE READING BELOW JIMMY MOYAHA: It’s Property Tuesday. We are taking a look at the property prices in Cape Town or in the Western Cape in general – more specifically the rental property market. It seems that market has seen quite a bit of

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Operating Assets

Nikola files for bankruptcy protection and plans intellectual property sale

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nikola, the once-hyped hydrogen-truck maker whose founder was convicted of securities fraud, has filed for Chapter 11 bankruptcy protection as it revealed its cash balance had fallen to $47mn. The Arizona-based company that was once

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Operating Assets

Vital Energy Reports Fourth-Quarter and Full-Year 2024 Financial and Operating Results

Reports record total and oil production for 4Q-24 and FY-24 Updates development inventory to >11 years of oil-weighted locations TULSA, OK, Feb. 19, 2025 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) today reported fourth-quarter and full-year 2024 financial and operating results and provided its 2025 outlook. Supplemental slides have

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Operating Assets

Will Hong Kong’s property slump force it to raise taxes?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hong Kong’s long-running property market downturn has become a growing threat to its low-tax hub status, experts have warned, as years of fiscal deficits force the government to seek new revenue sources. The city will

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Operating Assets

1.25 Lakh Government Jobs, 1.5 Lakh Private Jobs Part 1, khaskhabar.com

1 of 1 khaskhabar.com : Wed, 19 Feb 2025 5:37 PM Sayed Habib, JaipurRajasthan’s Finance Minister, Diya Kumari, presented the second full budget of the Bhajanlal government. During her 138-minute budget speech, the most significant announcement was aimed at the youth. The government plans to recruit 1.25 lakh candidates for government jobs within the next

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Operating Assets

Saudi Utility Giant Buys Engie Energy Assets in Kuwait and Bahrain

Saudi Arabia’s utility giant ACWA Power has agreed to buy the stakes of France’s Engie in four gas-fired power plants and water desalination facilities in Bahrain and Kuwait for a combined $693 million. The acquisition, viewed as strategic by the Saudi group, includes an operating capacity of 4.61 gigawatts (GW) of gas-fired power generation and

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Operating Assets

ACWA Power expands portfolio with strategic acquisition of assets in Bahrain and Kuwait

ACWA Power acquires stakes in power generation and water desalination companies operating a combined 4.61GW of gas-fired power generation and 1.11 million cubic meters per day (m3/day) of water desalination capacity from ENGIE By making its inaugural entry into the Kuwaiti market through this acquisition, ACWA Power bolsters its presence in the regional energy and

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Operating Assets

Saudi ACWA Power acquires assets in Kuwait and Bahrain for $693mln

Saudi Arabia’s integrated utility ACWA Power has signed a share purchase agreement (SPA) with the regional subsidiary of French utility developer ENGIE, to acquire assets worth $693 million, and marking its entry in Kuwait. The acquisition encompasses operating capacities of 4.61GW of gas-fired power generation and 1.11 million cubic meters per day (m3/day) of water desalination facilities,

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Operating Assets

Fairfax Financial price target raised by this analyst

Following the company’s fourth quarter results, RBC analyst Scott Heleniak has raised his price target on Fairfax Financial (Fairfax Financial Stock Quote, Chart, News, Analysts, Financials TSX:FFH). On February 13, FFH reported its Q4 and fiscal 2024 results. The company posted Net Insurance Revenue of $6.33-billion, up from $5.68-billion, year-over-year. “We remain focused on being

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Operating Assets

The Operating System for Autonomous Finance

The Asset Operating System, aOS, unlocks global capital markets with intelligent, self-executing assets. NEW YORK, Feb. 18, 2025 /CNW/ — Platonic today introduced aOS™, a groundbreaking blockchain-native infrastructure that transforms static financial assets into programmable, AI-linked instruments capable of autonomous execution across markets. This innovation unlocks any asset to transact seamlessly, optimize value, and settle instantly—without

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