Latest Contracts and orders News

Moldova signs new energy deal that could ease blackout risk

Dec. 03, 2022 14:02 PM EST

CHISINAU, Moldova (AP) — Moldova has struck a deal to renew severed electricity supplies from its breakaway, Moscow-backed region of Transnistria to lower the risk of more massive blackouts amid an acute winter energy crisis, a senior Moldovan official said Saturday. Deputy Prime...

Indian coal magnate Gautam Adani steps up green investments

Dec. 02, 2022 11:32 AM EST

NEW DELHI (AP) — Asia’s richest man, Gautam Adani, made his vast fortune betting on coal as an energy hungry India grew swiftly after liberalizing its economy in the 1990s. He's now set his sights on becoming the world's biggest renewable energy player, by 2030, by promising to...

Environmentalists fight huge utility's long-term contracts

Dec. 01, 2022 17:42 PM EST

MEMPHIS, Tenn. (AP) — Distributors for the nation’s largest public utility signed onto what amounted to “never-ending” contracts that unfairly tied them to power generated by the Tennessee Valley Authority, a lawyer argued Thursday as she represents environmental groups in a lawsuit. ...

Puerto Rico extends power contract amid outages, objections

Nov. 30, 2022 14:41 PM EST

SAN JUAN, Puerto Rico (AP) — A heavily criticized private company that operates the transmission and distribution of power in Puerto Rico secured a last-minute extension on its contract Wednesday despite widespread objections. Luma Energy obtained the extension following a 4-1 vote...

Arbitrator will referee Dr. J's suit against brand developer

Nov. 28, 2022 17:00 PM EST

DOVER, Del. (AP) — A Delaware judge on Monday halted a lawsuit filed by basketball legend Julius Erving against a brand-development and marketing company, ruling that the dispute must go to arbitration. The lawsuit by the Hall of Fame player known as “Dr. J” stems from a 2016...

US aid to Ukraine puts pressure on Pentagon's arms stockpile

Nov. 24, 2022 08:12 AM EST

WASHINGTON (AP) — The intense firefight over Ukraine has the Pentagon rethinking its weapons stockpiles. If another major war broke out today, would the United States have enough ammunition to fight? It’s a question confronting Pentagon planners, not only as they aim to supply...

Senators to FTC: Probe Twitter security, take needed action

Nov. 17, 2022 18:08 PM EST

WASHINGTON (AP) — Reacting to the tumult and mass layoffs at Twitter under its new owner Elon Musk, a group of Democratic senators on Thursday asked federal regulators to investigate any possible violations by the platform of consumer-protection laws or of its data-security commitments. ...

Blizzard, NetEase game partnership in China to end

Nov. 17, 2022 10:37 AM EST

HONG KONG (AP) — American game developer Blizzard Entertainment said Thursday it will suspend most of its game services in mainland China after current licensing agreements with Chinese game company NetEase end, sending NetEase’s shares tumbling. Blizzard, which partnered with...

S. Korea's leader discusses megaprojects with Saudi prince

Nov. 17, 2022 06:01 AM EST

SEOUL, South Korea (AP) — South Korean President Yoon Suk Yeol hoped for greater cooperation with Saudi Arabia — including on its $500 billion futuristic desert city project — as he met the kingdom’s powerful crown prince Thursday, Seoul officials said. Crown Prince Mohammed...

Trump strikes new overseas deal and raises old ethics issue

Nov. 15, 2022 21:58 PM EST

NEW YORK (AP) — Donald Trump's company is licensing its name for a golf resort in Oman in the first of what the company hopes will be several overseas deals, raising conflict-of-interest issues as the former president announced a third run for the White House. The Trump...