Bloomberg New York regulators declined to renew an air permit for a controversial 680-megawatt natural gas-fired power plant in New York state, effectively shutting it down just before it was poised to go into service. The Department of Environmental Conservation denied the renewal application. The agency said the owner Competitive Power Ventures Inc. did not have a Title V Clean …

Bloomberg A $42 billion merger to create what would become the world’s largest gas producer is facing an unexpected hurdle from the US antitrust regulator that could derail the deal. The Federal Trade Commission indicated it wants Germany’s Linde AG and Praxair Inc. to sell more assets before it approves their deal, Linde said in a statement to the markets. …

Bloomberg With Japan regaining its place as the second-biggest stock market amid growing trade tensions between the world’s two largest economies, investors expect the nation’s equities to garner more attention. Japanese shares were worth $6.15 trillion compared with just under $6 trillion for Chinese equities, according to data compiled by Bloomberg. The markets swapped position behind the US for the …