$2 Billion to be Payed by Barclays to Settle U.S Fraud Case

"Barclays has agreed a $2bn (£1.4bn) settlement with the US justice department over the sale of mortgage-backed securities in the lead-up to the 2008 financial crisis. The settlement follows a three-year investigation into allegations that the bank caused billions of dollars of losses to investors by “engaging in a fraudulent scheme” to sell Residential Mortgage-Backed Securities … Continue reading $2 Billion to be Payed by Barclays to Settle U.S Fraud Case

NextEra Energy and JinkoSolar Announce Deal of the Production for Millions of Solar Panels

"Two global solar energy leaders, U.S.-based NextEra Energy, Inc. (NYSE: NEE) and China-based JinkoSolar Holding Co., Ltd. (NYSE: JKS), today announced one of the largest solar panel supply deals in history. NextEra Energy announced that it is the counterparty to a major supply agreement that was announced by JinkoSolar in January. The companies amended the agreement this month, … Continue reading NextEra Energy and JinkoSolar Announce Deal of the Production for Millions of Solar Panels