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Trump seeks to steer UN climate cash to building coal power plants

Bloomberg The US will seek to use a United Nations fund designed to aid nations hard hit by climate change to promote the construction of coal-fired power plants around the world. The US already donated $1 billion to the so-called Green Climate Fund, and it can now use its seat on that board to advance American-energy interests globally, a White ...

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Uber backers discuss stock sale to SoftBank, others

Bloomberg Uber Technologies Inc. shareholders and its board, led by early backer Benchmark, have discussed selling some of their shares to SoftBank Group Corp. and other potential investors, people familiar with the matter said. The talks represent a major turning point for the company. It has amassed more than 500 investors who fought to own a piece of the world’s ...

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Canada-US lumber deal may precede Nafta talks

Bloomberg The long-running trade dispute over softwood lumber may be nearing an end, with Canada indicating it wants to settle the issue with the US before the renegotiation of the North American Free Trade Agreement begins later this year. “We’re going to continue to work very hard towards that,” Canadian Prime Minister Justin Trudeau said to reporters in Providence, Rhode ...

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