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United Capital reports N24.77 billion H1 pre-tax profit, declares, 30-kobo dividend●AI sell-off deepens as chip stocks slump in market retreat - business live●Dangote’s heirs back plan to give third of $36B fortune to charity●Investors pour into Africa’s digital backbone as data centre projects near 900 MW●CSOP adopts flexible leverage for Samsung, SK Hynix ETFs amid volatility●US Stock Market: Wall Street divided on Fed as rising crude prices boost rate hike expectations●Pemex Contracts Drive Carlos Slim’s Grupo Carso Deeper Into Mexican Oil●Coca-Cola FEMSA (KOF) Shares Jump After Strong Second-Quarter Results●United Capital reports N24.77 billion H1 pre-tax profit, declares, 30-kobo dividend●AI sell-off deepens as chip stocks slump in market retreat - business live●Dangote’s heirs back plan to give third of $36B fortune to charity●Investors pour into Africa’s digital backbone as data centre projects near 900 MW●CSOP adopts flexible leverage for Samsung, SK Hynix ETFs amid volatility●US Stock Market: Wall Street divided on Fed as rising crude prices boost rate hike expectations●Pemex Contracts Drive Carlos Slim’s Grupo Carso Deeper Into Mexican Oil●Coca-Cola FEMSA (KOF) Shares Jump After Strong Second-Quarter Results●

Asia

CATL, BYD battle for supremacy in Middle East energy-storage market

Business - South China Morning Post · 1h ago · 🇨🇳 China

CATL, BYD battle for supremacy in Middle East energy-storage market

Competition among Chinese energy-storage firms is intensifying in the Middle East, as a massive deal that was expected to go to global electric vehicle (EV) battery king Contemporary Amperex Technology Ltd (CATL) was ultimately won by BYD and Sungrow Power Supply. Shenzhen-headquartered BYD, which makes EVs and batteries, announced early this month that it would provide 11.275 gigawatt-hours (GWh) of energy storage to Round-The-Clock (RTC), a solar project being built by United Arab Emirates...

Read the full story at Business - South China Morning Post →

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