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Tower blaze delivers blow to niche of green industry

Bloomberg The fire that killed at least 79 people in a residential tower in London earlier this month has delivered a blow to an often overlooked section of the green industry that’s crucial to delivering energy efficiency. Local authorities across the UK are ripping foam insulation from housing blocks after concerns that plastic cladding on the Grenfell Tower acted as ...

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Vedanta makes $3bn bet to re-energize biggest oilfield

Bloomberg India’s Vedanta Ltd. will spend $3 billion over the next three years as it seeks to expand oil reserves and nearly double output from its largest field. India’s biggest non-state producer, controlled by billionaire Anil Agarwal, plans to drill more wells at its Barmer block in the western Indian state of Rajasthan and other blocks in the eastern part ...

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Japan’s inflation edges up but remains far from target

Bloomberg Japan’s core consumer prices crept higher for a fifth straight month, but their slow rise means inflation remains far from the Bank of Japan’s 2 percent target. Highlights of Data Consumer prices excluding fresh food advanced 0.4 percent in May from a year earlier, the fastest gain since December 2014, when the impact of a 2014 sales-tax hike is ...

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