Bloomberg The nation’s second-biggest solar region is facing the first real-time test of its systems, with Hurricane Florence threatening the Carolinas with winds well in excess of 100 miles per hour and torrential rains. The Category 4 storm was packing 130 mile-per-hour winds (210 kilometre-per-hour) as of Wednesday, with landfall expected by the weekend. While most newer systems are designed ...

Bloomberg AutoGrid Systems Inc., a California company developing software to manage power on the grid, said it closed a $32 million round of financing as it expands in North America, Asia and Europe. The Series D round included new investors CLP Holdings, Germany utility Innogy SE, Danish renewable power developer Orsted A/S and power producer Tenaska, according to a statement ...

Bloomberg Angela Merkel and Jean-Claude Juncker warned of the threat posed by rising nationalism across the European Union, painting next year’s continent-wide elections as a clash of fundamental values that will determine the bloc’s future direction. In tandem speeches in Berlin and Strasbourg on Wednesday morning, Germany’s chancellor and the European Commission president struck a common tone of alarm at ...

Bloomberg Russian President Vladimir Putin rejected British allegations that the Russians suspected of carrying out a nerve-agent attack on a former spy in the UK are intelligence agents and called on them to go public, taking a defiant tone in his first official comments on the charges. “We know who they are. We found them,” Putin told an an economic ...

Bloomberg Chancellor Angela Merkel offered implicit support for military action against Syria, upbraiding her coalition partner for ruling out German participation in a response to an offensive in the country’s last rebel stronghold. Germany’s Social Democrats, the junior partner in Merkel’s government, this week rejected a German role in any military strike should President Bashar al-Assad and his backers create ...

Bloomberg Anwar Ibrahim, who’s in line to become Malaysia’s next premier, blasted Myanmar leader Aung San Suu Kyi’s treatment of the Rohingya and called for formal talks on China’s crackdown against its Muslim minority. “I was appalled by the attitude of Suu Kyi these days,” Anwar said in an interview with Bloomberg Television’s Sophie Kamaruddin in Hong Kong. “Buddhists, Muslims, ...

Bloomberg The UK and the European Union are preparing for a special summit to sign the Brexit deal in November and the meeting could be announced within days, according to people familiar with the matter. While negotiators still need to resolve key disagreements, the EU is getting ready to schedule a one-off gathering in mid-November so leaders can formally agree ...

Bloomberg Tripoli’s international airport was closed and flights rerouted after a series of overnight rocket attacks rendered all but meaningless a ceasefire announced by the United Nations days earlier. Inbound flights were being sent to the city of Misrata, Libyan television reported, noting that there were no reports of injuries from the attacks. The Maitiga International Airport’s Facebook page said ...

Bloomberg The global excitement about electric cars faces a test in New York on Wednesday. China’s NIO Inc., which seeks to take on the likes of Tesla Inc., starts trading on the New York stock exchange after raising about $1 billion selling American depositary shares at $6.26 apiece. The electric-car maker, backed by Tencent Holdings Ltd., priced the stock near ...

Bloomberg Pioneer Corp., once among the world’s hottest names in technology before succumbing to debt and failed expansions, agreed to a bailout from Baring Private Equity. Baring Private Equity will buy as much as $538 million of stock in the Tokyo-based company, according to a filing. But its shares fell 9.3 percent to their lowest in nine years after the ...