Bloomberg Iran’s top renewable-energy authority denied that it’s signed any agreement covering electricity generation projects with a Swiss developer that has said it obtained power-purchase agreements for 370 megawatts of installations. The Renewable Energy Organization of Iran, which is known as Suna, hasn’t signed any deal with MECI Group International, said Jafar Mohamadnejad Sigaroudi, the deputy in charge of ...

  Singapore / AFP Britain’s shock decision to leave the European Union will not be as damaging to developing Asia’s economies as feared, the World Bank said Wednesday as it increased its growth forecast for the region this year. Countries in the Mekong region led by Myanmar are projected to expand at the fastest pace in the next three years, ...

Tokyo / AFP Sompo Holdings said on Wednesday it would buy Bermuda-based Endurance Specialty Holdings for $6.3 billion, becoming the latest Japanese firm to make an overseas acquisition as it faces slowing growth at home. The all-cash deal for New York-listed Endurance, which has a strong presence in the lucrative US market, is expected to be completed by the end ...