Of all the regulatory threats to Facebook’s dodgy business model, Germany’s is the hardest to shake off. The German Federal Cartel Office has questioned the company’s use of third-party data to help target advertisements. Now that Chancellor Angela Merkel is likely to keep her job through 2021, Facebook faces ever-increasing pressure on this front. But no matter how unpleasant this ...

Bloomberg The center of gravity in Europe’s natural gas market is heading south as one of the continent’s biggest pipeline operators builds a system that could make Italy an exporter of the fuel for the first time. Fortified with new supplies due from a $5.6 billion pipeline link to the Caspian Sea as well as tankers full of gas in ...

Bloomberg Nigeria plans to start building a $5.8 billion hydro-power plant in the eastern Mambila region this year, after it agrees on loan terms with China’s Export-Import Bank. “We hope to break ground this year if we can conclude the financing,” Power, Works and Housing Minister Babatunde Fashola said in a Jan. 23 interview in the capital, Abuja. “Contracts are ...