Investing.com -- China has outlined plans to continue the construction of coal-fired power plants until 2027, according to government guidelines released on Monday. These plants will be built in regions where they are required to meet peak power demand or to stabilize the grid.In addition to this, the guidelines also specify that newly built and upgraded coal plants should be capable of safely and ...
Investing.com -- The German government has recognized the federal competition regulator’s decision to allow UniCredit to acquire a larger share in Commerzbank (ETR:CBKG), according to a spokesperson for the economy ministry. This announcement was made on Monday, while Berlin reiterated its support for the independence of the German bank.Despite the approval, the government continues to oppose Un ...
Investing.com -- Kazakhstan’s oil production has experienced a slight decrease in the early part of April compared to the average output in March, according to a Reuters report on Monday. However, the country’s oil output is still surpassing the quota set by the Organization of the Petroleum Exporting Countries and its allies, also known as OPEC+.The report revealed that the central Asian nati ...
Investing.com -- Starbucks Corp (NASDAQ:SBUX). has announced changes to its dress code for baristas in an effort to make their appearance more uniform across North American stores. This move is part of a larger plan aimed at boosting sales by altering the aesthetic of its cafes.Starting from May 12, baristas will be required to wear solid black tops, a shift from the previous policy which allowe ...