Bloomberg Egypt signed an expanded $3.2 billion financing deal with foreign banks, the central bank governor said, as it continues to bolster foreign reserves and prepare for about $14 billion of foreign debt repayments in 2018. The repurchase transaction, signed in November 2016 for one year, was increased from $2 billion, Tarek Amer said in an interview, without saying whether …

Bloomberg The most abundant element may supply almost a fifth of global energy by 2050 and eliminate enough emissions to cancel out all the pollution in the US, according to a group of industrial companies from Royal Dutch Shell Plc to Toyota Motor Corp. Fuel-cell vehicles running on hydrogen, extracted from water using wind and solar power, may be used …

Bloomberg The world’s worst polluter is leading the clean energy revolution, according to the International Energy Agency. China will account for a third of new wind and solar power installations and 40 percent of electric vehicle investments through 2040, the Paris-based agency said on Tuesday in its World Energy Outlook. Meanwhile, the country’s coal use peaked four years ago and …