Washington / WAM As Latin America and the Caribbean (LAC) continues to deal with the negative impact of the pandemic, the World Bank group (WBG) deployed $20.7 billion to support the region in its just-completed fiscal year ending June 30. These brings the WBG support to LAC since April 1, 2020, to an unprecedented total of $49.8 billion to fight …

Bloomberg PetroChina Co, the country’s biggest oil and gas producer, is weighing a plan to carve out its marketing and trading business and seek a separate listing, people with knowledge of the matter said. China National Petroleum Corp (CNPC), the state-owned parent of PetroChina, has asked external consultants to provide proposals on the feasibility of such a plan, said the …

  Bloomberg Uniper SE reported a loss of more than 12 billion euros ($12.2 billion), ranking among the biggest in German corporate history and laying bare the unprecedented crisis engulfing Europe’s energy markets. The size of the hit for the utility, which last month received a government bailout, shows just how severe the situation is as the European Union braces …