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Spanish economy grew 0.7% in second quarter: Bank of Spain

  Bloomberg The Spanish economy probably grew 0.7 percent in the second quarter as increased employment and favorable financing conditions supported consumption, the Bank of Spain said. Most recent data continued to show “robust growth” even as expansion of business investment showed a certain slowdown, the regulator said in its monthly economic bulletin published on Tuesday, citing preliminary data from ...

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Challenge ahead: Finding $132bn to keep UK’s lights on

  Bloomberg As if managing the Brexit crisis weren’t enough, the U.K. government also needs to find £100 bn ($132 bn) to keep the lights on nationwide after 2020. With more than a dozen power plants due to close in the next decade, PM David Cameron’s government has been working to lay out incentives that will draw in money for ...

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US, Mexico, Canada pledge 50% clean power by 2025

  Bloomberg The U.S. and Mexico will commit to joining Canada in boosting their use of wind, solar and other carbon-free sources of electricity, helping North America meet an ambitious goal of generating at least 50 percent of its energy from “clean” sources by 2025. The pledge is set to be made as part of a trilateral summit of North ...

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