Bloomberg Macquarie Group Ltd. has agreed to invest in a wind and solar power development in Australia’s Pilbara region, which will provide electricity to mines and mineral processing operations in the region. The Asian Renewable Energy Hub has also increased its planned generation capacity to more than 11 gigawatts, from 9 gigawatts, according to a statement on Monday on the ...

Bloomberg The run-up to $100 oil is giving some investors pause.This year’s longest buildup of hedge-fund bets on higher Brent crude prices is faltering, with bulls retreating for the first time in six weeks. After fears of dramatic shortfalls from Iran sent the global benchmark on a tear and triggered speculation that it will reach three digits, the rally is ...

Bloomberg Chinese investment in Australia plunged 40 percent in 2017 from the year before, according to research released on Monday. After peaking in 2016 at A$14.9 billion ($10.5 billion), investment from Chinese companies last year slumped to A$8.9 billion, according to the Australian National University database. In 2017, Chinese deals in Australia’s mining sector accounted for just over half of ...