AMC Networks’ revenue takes a hit: Are subscribers and advertisers jumping ship?

AMC Networks’ revenue takes a hit: Are subscribers and advertisers jumping ship?

AMC Networks Inc. has reported a decline in third-quarter revenue, attributing the downturn to a reduction in subscribers and fluctuating advertising demand. The company’s financial performance reflects the ongoing challenges within the media industry, as traditional cable networks grapple with evolving consumer preferences and a competitive streaming landscape. Financial Performance Overview In the third quarter, […]

IFC commits $105m investment in Brookfield’s solar project in Rajasthan

IFC commits $105m investment in Brookfield’s solar project in Rajasthan

The International Finance Corporation (IFC), part of the World Bank Group, has committed $105 million to support a significant solar power project in Bikaner, Rajasthan, developed by global asset management firm Brookfield Asset Management. This initiative marks a critical step in scaling India’s renewable energy capacity, specifically targeting a 550 MWp solar project that aims […]

IFC partners with EPIC Group to boost sustainable textile manufacturing in Bangladesh and India

IFC partners with EPIC Group to boost sustainable textile manufacturing in Bangladesh and India

The International Finance Corporation (IFC) has announced a significant financial partnership with EPIC Group, a leading global apparel industry player, to support sustainable textile manufacturing and resource efficiency improvements in Bangladesh and India. The partnership involves a substantial $100 million debt financing package from IFC, which includes a $70 million sustainability-linked loan and a $30 […]