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India opens market for solar battery makers

New Delhi / Bloomberg India plans for the first time to include energy storage as a requirement when a solar project is tendered this month, opening what could become a significant new market to battery makers such as Tesla Motors Inc., Samsung SDI Co. and Panasonic Corp. The state-owned Solar Energy Corp. of India, which is responsible for implementing the ...

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USA core consumer prices increase more than forecast

Bloomberg Consumer prices in the U.S. excluding food and fuel climbed more than forecast in February for a second month, adding to signs inflation is moving closer to the Federal Reserve’s target. The overall cost of living fell amid cheaper fuel. The so-called core measure, which strips out volatile food and fuel, rose 0.3 percent from a month earlier, the ...

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Colombia peso falls as Morgan Stanley cuts GDP projection

Bloomberg The Colombian peso dropped with oil as Morgan Stanley said that measures to tackle the current account deficit and inflation will end up lowering growth. The currency, which last week rose to the highest level since November, dropped 0.8 percent to 3,177.58 per U.S. dollar at 11:37 a.m. in Bogota. Oil, the country’s biggest export, fell from a three-month ...

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