Business : Page 21

Highlights: March 19, 2024 - March 23, 2024

March 25, 2024 Events of the last week.

Chinese-invest first wind power plant in Bangladesh fully into operation

March 24, 2024 With the last wind-driven generator installed, Cox\'s Bazar wind plant, the first centralized wind power project in Bangladesh invested and constructed by Chinese enterprises, was fully put into operation on Sunday.

Number of active U.S. drilling rigs down this week

March 23, 2024 The number of active drilling rigs in the United States decreased to 624 this week, down by five from the previous week and down by 134 from one year ago, according to the weekly data released by Houston-based oilfield services company Baker Hughes.

Swiss Federal Railways successfully tests remote-controlled train

March 22, 2024 Swiss Federal Railways has carried out successful tests that allowed engineers to remotely control a train near Zurich amid ongoing operations - a European first.

Germany: EIB and DKB to finance small renewable energy projects

March 22, 2024 The European Investment Bank (EIB) will provide a framework loan of €100 million to Deutsche Kreditbank (DKB) to finance onshore wind and solar photovoltaic projects in Germany.

Albania: €100 million signed for EU-financed Vorë-Hani i Hotit railway line

March 21, 2024 EIB Global has signed a €100 million loan with Albania under a Team Europe financial package for the modernisation and electrification of a 120 km railway line from Vorë in central Albania to Hani i Hotit on the border with Montenegro.

South Korea to suspend licences of striking doctors

March 21, 2024 South Korea’s government on Thursday said it would start suspending the licences of striking junior doctors next week.

Finnish government, trade unions fail to reach agreement

March 21, 2024 Finnish trade unions on Wednesday announced to extend their ongoing two-week strikes after their meeting with Minister of Employment Arto Satonen failed to reach an agreement.

Australia opens first hyperbaric chamber test facility to boost oil, gas sector

March 21, 2024 Australia\'s first hyperbaric chamber test facility has been put into use in the state of Western Australia (WA), which is expected to deliver significant savings for local oil and gas companies, the state government announced on Thursday.

New York City to electrify school buses, build first in nation electric truck charging depot

March 21, 2024 New York City Mayor Eric Adams announced that the city has been awarded a total of $77 million in competitive grants from the federal Bipartisan Infrastructure Law to expand the number of electric school buses and trucks on city streets.

ESA awards three contracts for satellite navigation missions

March 21, 2024 The European Space Agency awarded three contracts worth a quarter of a billion dollars to develop a pair of navigation missions, including one to test the feasibility of a low Earth orbit satellite constellation.

German electrical exports up 0.3 pct in January year on year

March 21, 2024 German Electro and Digital Industry Association (ZVEI) said that exports of the sector went up 0.3 percent year on year in January to reach 20.8 billion euros (about 22.6 billion U.S. dollars).