The unrest on Cuba’s streets is the biggest challenge to the country’s communist government in decades. And it poses a dilemma for the Biden administration, which previously said it wants to ease US sanctions against the Cuban regime. President Biden needs a way to maintain pressure on the government while moderating penalties that have unavoidably worsened the economic plight of ...

Bloomberg A heat wave across some of China’s biggest industrial provinces has pushed local electricity consumption to unprecedented levels, sending thermal coal futures toward record highs. The power load in the eastern province of Zhejiang near Shanghai surpassed 100 million kilowatts per hour for the first time, the State Grid said in its newspaper. Usage has also hit records in ...

Bloomberg Pembina Pipeline Corp said it wasn’t going to sweeten its bid for Inter Pipeline Ltd one day after a new hostile offer for Canada’s fourth-largest midstream company was made by Brookfield Infrastructure Partners LP as the takeover battle intensifies. The Canadian pipeline company doesn’t intend to increase or change the 0.5 common Pembina shares offered under its proposed acquisition ...