Namibia's port authority, Namport, has rejected a proposal by Alpha Nautical Services Limited (Anol) to develop a $244 million oil and gas supply base at Lüderitz.
Namibia's port authority, Namport, has rejected a proposal by Alpha Nautical Services Limited (Anol) to develop a $244 million oil and gas supply base at Lüderitz.
The brand of bankrupt British household goods company Wilko, whose recent collapse sparked the loss of about 12,500 jobs, has been sold to a competitor, administrators said Thursday. Administrators have meanwhile failed to find a buyer for the chain, sparking vast job losses.
Residents and green NGOs have accused the World Bank of indirectly financing two new coal-fired power plants on Indonesia's most populous island despite promises to shift to low-carbon funding, according to a complaint filed Thursday. Hana Bank has previously pledged to stop financing new coal-fired power plants by 2030.
China warned on Thursday a probe by the European Union into Beijing's subsidies for electric cars would have a negative impact on its trade relations with the bloc, which it accused of "naked protectionism".
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