Bloomberg The Australian government hounding the gas sector to get power bills down is overlooking the surge in the price of coal, which fuels the bulk of the country’s generation. The cost of coal power in Australia has doubled from 2016 levels, in line with seaborne spot prices of the fuel, Bloomberg NEF said in a report on Monday. That’s ...

Bloomberg Vivint Solar Inc dropped the most in more than two years after saying a fund managed by Blackstone Group LP, its biggest owner, is selling 8 million of the rooftop solar company’s shares at a 21 percent discount. Vivint fell 21 percent to $5.51 at 11:33 am in New York, after earlier sliding as much as 22 percent. That’s ...

Bloomberg Clean-up crews were at work across Paris after Saturday’s riots as President Emmanuel Macron returned from Argentina and held an emergency cabinet meeting. Last week’s “Yellow Vests” protests saw 412 arrests and 133 wounded, including 23 among the security forces, according to the Paris police. There was also violence in Toulouse, Nantes, near Lyon, and in the Ardennes. Rioters ...