The world’s biggest coal exporter has a problem. Demand for the dirtiest fuel is on the wane. The International Energy Agency — which has tended to overestimate coal production, and underestimate renewables — doesn’t expect consumption to regain its 2014 levels until 2021. Investment in new mines is ‘drying up,’ according to its latest market forecast. That’s reflected in ...

  Bloomberg European shares advanced for a fifth day, while the pound retreated at the start of a busy week that includes a meeting between Xi Jinping and Donald Trump and culminates in the monthly US jobs report. The Stocks Europe 600 Index gained as much as 0.4 percent before paring the advance, while the euro was little changed after ...

  Bloomberg Shares in Abu Dhabi National Energy Co., the oil company known as Taqa, extended gains that drove them to a two-month high even after announcing a record earnings loss. The stock rose 7.7 percent to 0.56 dirham as of 10:32 a.m. in Abu Dhabi, adding to the previous day’s 13 percent advance. Trading volume was about 30 times ...