Bloomberg Arizona’s Pinnacle West Capital Corp. is kicking off the most ambitious deployment of energy storage ever announced by a US utility. Pinnacle West’s Arizona Public Service plans to add 850 megawatts of battery storage and at least 100 megawatts of new solar power by 2025, according to a statement. The company did not say how much initiative would cost. …

Bloomberg India’s property developers are finding it hard to borrow money, raising the prospect of a wave of debt defaults from the sector hitting shadow lenders that are trying to survive a funding crunch of their own. Developers have to repay about 1.29 trillion rupees a year on outstanding debt but generate less than half the amount in income that …

Bloomberg US equity futures advanced alongside stocks in Europe and Asia after President Donald Trump postponed the date for boosting tariffs on Chinese imports, taken as a sign of progress in the trade talks. Bonds fell and the dollar retreated. Contracts on the Dow, Nasdaq and S&P all climbed, while the trade headlines boosted carmakers in Europe, fueling an advance …