European companies are rushing to sell bonds in dollars. After all, that’s where the investors are. So far this year, dollar-denominated syndicated new bond sales have exceeded $475 billion, a record for any quarter. A surprising amount — about 22 percent — has come from European issuers. Within this, about $81 billion is from euro-area companies, including banks, according ...

  In the dusty scrub of the Thar desert, Pakistan has begun to dig up one of the world’s largest deposits of low-grade, brown, dirty coal to fuel new power stations that could revolutionize the country’s economy. The project is one of the most expensive among an array of ambitious energy developments that China is helping the country to build ...

  DUBAI / Reuters Most stock markets in the Gulf made small gains on Thursday, recovering some of the week’s losses, but trading volumes remained very low. Egypt rebounded as foreign funds bought shares there. The Saudi stock index climbed 0.7 percent as the petrochemical sector regained some of the previous session’s heavy losses, after Brent oil bounced from a ...