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With journo’s ouster, China draws new red line for Hong Kong

Bloomberg Hong Kong’s rare rejection of a UK journalist’s visa was about far more than the fringe political ideology he was accused of promoting. The move has been viewed as the latest escalation in a methodical campaign to tame dissent in the former British colony. The push, which took shape after the Occupy Central movement locked down swaths of the ...

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Oil holds near $74 on speculation storm may worsen supply risk

Bloomberg Oil traded above $74 a barrel on concerns Hurricane Michael in the US may exacerbate a supply crunch, while the International Energy Agency (IEA) warned higher prices may put the world economy at risk. Futures were little changed in New York after gaining 0.9 percent on Tuesday. Organization of Petroleum Exporting Countries (Opec) and other key producers need to ...

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Irena says clean energy could dominate Egypt’s power at $6.5bn a year

Bloomberg Egypt would need to more than double investment in clean energy to push the amount of electricity generated by renewables to over 50 percent, according to the International Renewable Energy Agency (Irena). Investments would need to be $6.5 billion a year, up from $2.5 billion currently, to boost generation from clean energy to 53 percent by 2030, Abu Dhabi-based ...

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