Bloomberg Mid-tier Chinese coal miner Shanxi Coal International Energy Group is planning a significant investment in the competing business of making high-tech solar power cells. The state-owned firm will lead a joint venture to build a 3-gigawatt solar manufacturing plant for 3.19 billion yuan ($461 million), according to a statement. It’s the first phase of a project that will grow ...

Bloomberg Blackstone Group will see a $5 billion gain from selling a stake in the largest liquefied natural gas export terminal in the US. The firm’s private equity business is unloading its stake of just over 40% of Cheniere Energy Partners LP to Brookfield Asset Management Inc and its own affiliated infrastructure group, according to a filing. Brookfield negotiated the ...

More than three weeks after the Cares Act expired, Congress is still deadlocked on its replacement — and the main stumbling block is in the Senate. Republicans are fractured and disorganised, while their Democratic counterparts are afraid of doing anything that might be seen as undermining the House. The Senate’s inability to pass major legislation has long enraged Democrats. During ...