Bloomberg Egypt signed an expanded $3.2 billion financing deal with foreign banks, the central bank governor said, as it continues to bolster foreign reserves and prepare for about $14 billion of foreign debt repayments in 2018. The repurchase transaction, signed in November 2016 for one year, was increased from $2 billion, Tarek Amer said in an interview, without saying whether ...

Bloomberg The most abundant element may supply almost a fifth of global energy by 2050 and eliminate enough emissions to cancel out all the pollution in the US, according to a group of industrial companies from Royal Dutch Shell Plc to Toyota Motor Corp. Fuel-cell vehicles running on hydrogen, extracted from water using wind and solar power, may be used ...

Bloomberg The world’s worst polluter is leading the clean energy revolution, according to the International Energy Agency. China will account for a third of new wind and solar power installations and 40 percent of electric vehicle investments through 2040, the Paris-based agency said on Tuesday in its World Energy Outlook. Meanwhile, the country’s coal use peaked four years ago and ...