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China’s Tongwei Solar increases cell prices 11%

Bloomberg Tongwei Solar, a unit of Tongwei Co, raised multicrystalline solar cell prices by 11% to 0.6 yuan per watt, according to a notice on its website. The company, the world’s leading cell producer, also increased prices for three types of monocrystalline cells by 0.08 yuan per watt each, about a 9% increase. The hike is the second in less ...

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Algeria assets not for sale: Occidental

Bloomberg Occidental Petroleum Corp’s Algerian oil and gas assets are a core holding and will no longer be listed for sale, Chief Executive Officer Vicki Hollub said on a conference call with analysts. In May, Occidental’s proposed sale of its Algerian assets to Total SE was blocked by the North African country, putting further pressure on the shale driller as ...

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How to think about Trump’s Covid orders

Over the weekend, President Donald Trump issued several new executive orders aimed at extending the Covid-19 economic stimulus that has offered some financial relief to millions of Americans. But instead of bringing clarity, the orders have generated a raft of confusion. Are they even constitutional? Will they go into effect? For your convenience, here’s a simple rule of thumb for ...

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