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US stock markets fall on Trump talk as dollar steadies

  Bloomberg US stocks opened lower as the dollar stabilized from earlier losses as markets digested comments from US President Donald Trump on Wednesday denouncing the greenback’s strength and championing lower interest rates. Banking stocks led a European decline. The S&P 500 Index opened down 0.25 percent at 2,339.09 Thursday, while the Dow Jones Industrial average fell 0.24 percent to ...

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Investors find solar gems from SunEdison sale

  Bloomberg The spectacular failure of what was once the world’s biggest renewable-energy company has turned into a smorgasbord of wind and solar farms being gobbled up by infrastructure investors, clean-power developers and even a vegan soccer team. Since filing the largest US bankruptcy of 2016, SunEdison Inc. has hosted the biggest-ever sale of renewables assets. It’s shed at least ...

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Global oil market nears balance: IEA

  LONDON / REUTERS Global demand for oil is finally close to outstripping supply after nearly three years of surplus production, despite growth in the overhang of unused crude, the International Energy Agency said on Thursday. The agency said oil stocks across the Organisation for Economic Cooperation and Development (OECD) fell by 17.2 million barrels in March. Over the first ...

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