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India Ratings Upgrades Olectra Greentech's Bank Loan Facilities to 'IND A'/Stable

India, May 22 -- India Ratings and Research (Ind-Ra) has upgraded Olectra Greentech Limited's (OGL) bank loan facilities long-term rating to 'IND A' from 'IND A-' and short-term ratings to 'IND A1' fr... Read More


RBI imposes monetary penalty on Newa Investments Private Limited

India, May 22 -- The Reserve Bank of India (RBI) has, by an order dated May 15, 2026, imposed a monetary penalty of Rs. 2.70 lakh (Rupees Two Lakh Seventy Thousand only) on Newa Investments Private Li... Read More


RBI imposes monetary penalty on City Union Bank Limited

India, May 22 -- The Reserve Bank of India (RBI) has, by an order dated May 20, 2026, imposed a monetary penalty of Rs. 10.10 lakh (Rupees Ten Lakh Ten Thousand only) on City Union Bank Limited (the b... Read More


RBI imposes monetary penalty on Mintifi Finserve Private Limited

India, May 22 -- The Reserve Bank of India (RBI) has, by an order dated May 15, 2026, imposed a monetary penalty of Rs. 3.10 lakh (Rupees Three Lakh Ten Thousand only) on Mintifi Finserve Private Limi... Read More


GE Vernova to acquire Robotech Automation to accelerate robotics and automation capabilities

United States, May 22 -- GE Vernova Inc. announced the signing of a definitive agreement to acquire Robotech Automation ("Robotech"), a specialized robotics and automation systems integrator based nea... Read More


Duke Energy Florida completes solar energy site in Sumter County, estimates $250 million in customer savings over its service lifetime

United States, May 22 -- Duke Energy Florida announced the completion of the Jumper Creek Solar Complex in Sumter County. The site is part of the company's plan to build 900 megawatts (MWs) of solar p... Read More


African Development Bank Group and OCP Group Sign €450 Million Partial Credit Guarantee to Accelerate Industrial Transition in Morocco

Morocco, May 22 -- The African Development Bank Group and OCP Group signed an agreement in Rabat on 22 May 2026 for a partial credit guarantee amounting to €450 million, aimed at supporting the ... Read More


EBRD Vice President to visit Tajikistan

Tajikistan, May 22 -- The Vice President for Policy and Partnerships of the European Bank for Reconstruction and Development (EBRD), Mark Bowman, will visit Tajikistan from 25 to 28 May 2026 to meet s... Read More


The EBRD issues USD 2 billion 4.250% Global Benchmark due May 2031

United Kingdom, May 22 -- On Thursday 21st May 2026, the European Bank for Reconstruction and Development ("EBRD"), rated Aaa/AAA/AAA/AAA all stable (Moody's/S&P/Fitch/Scope) successfully priced a new... Read More


World Bank Group to Double Guarantees for Africa to Catalyze Investment, Create Jobs

United States, May 22 -- The World Bank Group Guarantee Platform, housed at the Multilateral Investment Guarantee Agency (MIGA),?aims to more than double its annual issuance of guarantees in Africa to... Read More