Bloomberg Chile’s solar industry has expanded so quickly that it’s giving electricity away for free. Spot prices reached zero in parts of the country on 113 days through April, a number that’s on track to beat last year’s total of 192 days, according to Chile’s central grid operator. While that may be good for consumers, it’s bad news for ...

  Vienna / AFP Saudi Arabia expressed confidence on Thursday that oil prices will keep recovering, cementing expectations that a divided OPEC will decide to keep crude gushing at its meeting in Vienna. “Everybody is very satisfied with the market. The market is rebalancing as we speak,” said Khaled Al Falih, newly appointed by the kingdom’s powerful and dynamic new ...

  Jakarta / AFP Indonesia’s defence minister said on Thursday suspected communists killed in 1960s military-backed massacres “deserved to die”, as a backlash mounts against efforts to resolve one of the darkest chapters in the country’s history. Hardline ex-general Ryamizard Ryacudu made the comments to a gathering of former military figures and nationalist groups convened in response to moves by ...