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Duke to narrow bidders for $2 billion LatAm sale

  Bloomberg Duke Energy Corp. has invited Canada’s Brookfield Asset Management Inc. and French utility Engie SA to submit binding bids for its Latin American power assets, people with knowledge of the matter said. State-owned electricity generator China Three Gorges Corp. was also chosen to proceed to the next round, according to the people, who asked not to be identified ...

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Bitcoin not money, judge rules in victory for backers

  New York / AFP Bitcoin, a Florida judge says, is not real money. Ironically, that could provide a boost to use of the crypto-currency which has remained in the shadows of the financial system. The July 22 ruling by Miami-Dade Circuit Judge Teresa Pooler means that no specific license is needed to buy and sell bitcoins. The judge dismissed ...

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US trade deficit grows to $44.5bn in June

Washington / AFP The US trade deficit grew more than expected in June as imports jumped and the gap with China continued to widen, government data released showed. The country’s trade deficit with the rest of the world climbed 8.7 percent in June to a seasonally adjusted $44.5 billion. Analysts had only expected a 3.9 percent increase. The figures mark ...

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