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Centrica falls to one-year low

  Bloomberg Centrica Plc, the UK’s biggest energy supplier, fell to the lowest in more than a year after customer losses continued this year and warm weather trimmed consumption of natural gas and power. The utility reiterated its opposition to price regulation, which would reduce competition, cut choice and lead to potentially higher average prices, according to a trading update ...

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China coal power firms surge as mega-merger planned

  Bloomberg Shares of Chinese coal-fired power generators surged on Tuesday as the country was said to be considering plans to create three energy giants through mergers of eight companies with combined assets of almost 5.9 trillion yuan ($855 billion). The proposal, which is only one option being considered as the government of President Xi Jinping seeks to restructure the ...

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Booming realty shares in India yet to win over BNP Paribas

  Bloomberg Property developers have beaten every industry group on India’s benchmark equity index this year, but BNP Paribas Asset Management India Pvt. isn’t impressed. A gauge of realty stocks has soared 62 percent since January 1, almost five times the climb in the S&P BSE Sensex, as the government took steps to bolster the industry that was one of ...

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