HONG KONG/LONDON, Feb 13 (Reuters) - Global Infrastructure Partners (GIP) has mandated Morgan Stanley ( MS ) and Japan's Mitsubishi UFJ Financial Group ( MUFG ) to manage the sale of a controlling stake in Vena Energy, in a deal that could value the Singapore-based renewable energy company at up to $10 billion, two people with knowledge of the matter...

BEIJING/LONDON, Feb 13 (Reuters) - Freeport McMoRan ( FCX ) is expected to resume shipments of copper concentrate from Indonesia this month under a new export licence after the previous one lapsed in December, according to two sources with knowledge of the matter. Indonesia has restricted raw material exports to pressure companies to refine minerals locally and add value to...

(Reuters) - U.S. utility American Electric Power ( AEP ) posted a rise in fourth-quarter profit on Thursday, as data centers boosted demand for power from commercial customers. As Big Tech pours in billions of dollars into artificial intelligence technologies and the infrastructure needed to develop them, utilities have witnessed a huge surge in demand for power. In 2024, we...

08:34 AM EST, 02/13/2025 (MT Newswires) -- Brookfield Wealth Solutions ( BNT ) reported Q4 distributable earnings Thursday of $1.01 per class A share, up from $0.83 a year earlier. Revenue for the quarter ended Dec. 31 was $5.75 billion, compared with $2.23 billion a year earlier. Analysts' estimates were not readily available for comparison. ...