Bloomberg A joint venture in Japan has scrapped plans for a coal-fired power plant, leaving the country with no new construction on the horizon as companies drop the dirty fuel amid tighter emissions rules and strong growth outlook for renewables. Kansai Electric Power Co and Marubeni Corp won’t move forward with a 1.3 gigawatt coal power project in Akita prefecture ...

Italy’s parliament has approved Mario Draghi’s 261 billion-euro ($315 billion) spending plan to resurrect the euro zone’s third-largest economy from the ruins of the pandemic. Now comes the hard part: Implementing the tough structural reforms Italy needs to drive growth and rebalance public accounts, and convincing Italians it’s the right path. Failure to do so would consign Italy to decline ...

Elon Musk has done a better job at selling and making cars in China in just two years than he has in the US over the past decade. As a foreign business, he’s also had a smooth ride with the authorities — until recently. Last Month, a Tesla Inc owner at the Shanghai Auto Show protested the company by jumping ...