Bloomberg RWE AG’s renewable energy arm is working with a Spanish company to develop new technology for floating wind farms as utilities explore how to generate power further out at sea. The German company will work with Spain’s Saitec Offshore Technologies to build a turbine that sits atop a pair of floating, steel-reinforced concrete hulls. The project marks an acceleration ...

Bloomberg Brazil President Jair Bolsonaro will travel to the US next month for the fourth time in a year with a pro-business agenda that includes trying to convince electric vehicle manufacturer Tesla Inc to set up a plant in the South American country. Bolsonaro’s visit will be on March 7-10 and his plans include attending a business seminar in Miami, ...

Bloomberg The mood among German business hasn’t being dramatically shaken by the coronavirus outbreak, suggesting they see a short-term impact that won’t overly disrupt a pickup in 2019. The closely watched IFO confidence index unexpected rose this month, as did a measure of expectations. The increase comes as executives wait to see if authorities can get the outbreak under control ...