Bloomberg The first time Germany auctioned offshore wind projects, developers were happy to forgo any subsidies, confident the technology was robust enough to turn a profit unaided. Now, they’re not nearly so sure. Germany’s offshore wind giants now are looking at a UK programme that would ensure they get paid enough for their power, no matter what wholesale prices are ...

Grant President Trump some bragging rights. After all, most economic news has recently favoured Trump, including the 225,000 payroll jobs created in January. Naturally, he’s going to take credit if he can. Similarly blessed, a Democratic president would surely do the same. In his State of the Union address last week, Trump gushed self-congratulation. “Incomes are soaring, poverty is plummeting,” ...

It seems inconceivable that the coronavirus outbreak, which killed more than 811 people and shut down two-thirds of China’s economy, could be bullish for stocks. Yet Shenzhen’s private sector-heavy ChiNext Index not only brushed away a selloff, but also hit a three-year high on February 6. The most obvious explanation? This epidemic is giving policymakers the opportunity to correct past ...