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Express News | Bahrain's C.bank - Grants Mena Industrial Bank Conventional Wholesale Bank License to Operate in Bahrain
Henry Hub Natural Gas in Europe plummets as Germany discusses relaxing storage regulations.
The price of Henry Hub Natural Gas in Europe has fallen further to a two-month low due to the German utility companies pushing to relax storage targets. The benchmark Futures closed at the lowest level since December 20, having dropped as much as 7.8% earlier. A manager from Uniper SE stated that the German utility companies are advocating for a reduction in the replenishment target for this winter to 80%. Coupled with other driving factors, such as actions taken by the USA to end the war in Ukraine and warming weather, this is alleviating the pressure on the supply outlook in the coming months. Prices have dropped over 20% in two weeks. European inventories have been a major focus this year.
Industrial Bank to Acquire Parts of Shenzhen Property for Up to 6.6 Billion Yuan
Industrial Bank (601166.SH): The Shenzhen branch plans to purchase properties not exceeding 6.6 billion yuan.
On February 21, Glonghui reported that Industrial Bank (601166.SH) announced that its Shenzhen branch plans to acquire part of the property at the T208-0054 plot in Nanshan District, Shenzhen, with a total purchasing price not exceeding 6.6 billion yuan. The company has reached a preliminary Trade intention with the project development unit, Shenzhen Anhe No. 1 Real Estate Development Co., Ltd. Shenzhen Anhe No. 1 is a subsidiary of Shenzhen Anju Jianye Investment Operation Co., Ltd., a state-owned enterprise in Shenzhen, and is responsible for the project's development and construction. Shenzhen Anhe No. 1 has been approved to invest in and construct the project at the T208-0054 plot in Nanshan District, Shenzhen.
BJ DIGITAL subscribed to the structured deposit products for 2025.
BJ DIGITAL (06188) announced that on February 17, 2025, its wholly-owned subsidiary Zhuhai BJ DIGITAL entered into a structured deposit agreement with the Bank Of Communications, under which Zhuhai BJ DIGITAL agreed to subscribe for a structured deposit of 0.14 billion yuan. On February 17, 2025, Zhuhai BJ DIGITAL entered into a structured deposit agreement with the Industrial Bank, under which Zhuhai BJ DIGITAL agreed to subscribe for a structured deposit of 50 million yuan.
Bellevue Life Sciences Expects the Transaction to Close Following Receipt of Foreign Investment Approval From the Industrial Bank of Korea, Expected Feb 14