After several years of lobbying, Norway’s $1 trillion wealth fund has persuaded the government that it would be a good thing to invest some of the country’s nest egg in unlisted renewable energy infrastructure projects. But the amount involved is paltry, given both the scale of the world’s climate-change challenge and the potential investment opportunities likely to be available to ...

Pushing Britain’s deadline for exit from the European Union (EU) to the end of October answers none of the questions that have been torturing the country for three years. The new schedule removes the immediate risk of an unintended no-deal Brexit, which would otherwise have occurred. That’s something. But it sheds no light on what needs to happen instead. Fatigue with ...

As Japan’s emperor Akihito prepares to abdicate, what’s known as the Heisei period — January 8, 1989, through April 30, 2019 — draws to a close. Those 30 years will forever be associated with the spectacular asset bubble that burst right at the beginning, and the economic lost decade that followed. Heisei was also when Japan’s population peaked and started ...

Every year, BloombergNEF’s advanced transport team builds a bottom-up analysis of the cost of purchasing an electric vehicle (EV) and compares it to cost of a combustion-engine vehicle of same size. The crossover point — when electric vehicles become cheaper than their combustion-engine equivalents — will be a crucial moment for the EV market. All things being equal, upfront price ...

Like the cotton gin and the modern assembly line, 3D printing is the kind of breakthrough advancement that holds the promise to revolutionise manufacturing. The technology lets companies input designs into a printer the size of a small garden shed and have it spit out fully formed, usable products or parts – often at a savings of time, manpower and ...

Bloomberg US stocks slipped as the latest results from major banks disappointed. Treasuries were little changed with the dollar. The S&P 500 Index halted a three-day advance as Goldman Sachs Group Inc retreated after missing estimates for sales and trading revenue. Citigroup Inc was little changed after its revenue matched expectations. The benchmark for American equities is near a six-month ...

Bloomberg Indian equities rose, with key indexes rebounding from a weekly decline, on better-than-expected earnings at the nation’s biggest software exporter and a weather office outlook that predicted a near-normal rainfall this year. The benchmark S&P BSE Sensex gained 0.4 percent to 38,905.84 in Mumbai, more than recouping last week’s 0.2 percent decline, its first weekly drop in eight. The ...

Bloomberg It began as an inquest into what went wrong. Now the Federal Reserve’s policy rethink may be widening to include the part the central bank thought it had gotten right. Inflation keeps falling short of the Fed’s target, and that was the trigger for what’s supposed to be a months-long review of strategy. Now, policy makers are being drawn ...

Bloomberg President Donald Trump, renewing his attack on the Federal Reserve, claimed the stock market would be “5000 to 10,000” points higher had it not been for the actions of the US central bank. “If the Federal Reserve had done its job properly, which it has not, the Stock Market would have been up 5000 to 10,000 additional points,” the ...

Bloomberg Germany’s economic growth picked up only moderately in the first quarter and the underlying pace of expansion remains subdued on the back of an industrial downturn, according to the Bundesbank. Orders in manufacturing have “literally collapsed” and the mood has “significantly deteriorated” in the industry that used to be the motor of export-heavy economy, the German central bank said ...