Bloomberg The green-energy industry is starting to feel the impact of an efficiency drive sweeping Asia, where governments from China to Japan are scaling back subsidies to constrain a boom in installations. Investment in clean-power technologies in Asia slumped 41 percent to $70.1 billion in the first nine months of the year, according to Bloomberg New Energy Finance, which ...

Reuters Egypt’s Suez Canal Authority expects revenue to increase to $5.7 billion this year after the waterway was widened, company executive Tamer Hammad said at a maritime conference in Dubai. The figure would be an improvement on the $5.175 billion achieved in 2015 and would continue an increase in revenues seen this year despite slowing global trade and initially sluggish ...

  AFP The Saudi energy minister said on Tuesday that a multi-billion-dollar technology investment fund the kingdom is developing in partnership with Japan’s SoftBank showed its determination to diversify its economy. Khaled al-Falih told an international forum that the proposed new fund “is simply one indication of this determination and the bold steps being taken” to reorient the economy of ...