The start of a new year brings with it a raft of data on the world’s energy systems. So far, electricity sector figures show a transition well underway — some sources increasing, others collapsing. Each market is different, but the trends in markets as diverse as the UK, Spain, Australia and Texas all show profound changes in what is a ...

The Carlos Ghosn circus opened in Lebanon, with the ringmaster demanding rapt attention. Some 120 journalists from around the world, armed with cameras and cellphones, crammed in a room to hear Ghosn defend himself for the first time since he escaped from Japan last week. Ghosn, the former chairman of Nissan Motor Co. — and the creator of the Renault-Nissan-Mitsubishi ...

CLSA Ltd. is losing its identity. That’s bad news for its parent’s ambitions to build a globally competitive Chinese investment bank in the mold of Goldman Sachs Group Inc. Citic Securities Co. is tightening control over CLSA following an exodus of employees and top executives from the Hong Kong-based brokerage last year, Cathy Chan of Bloomberg News reported, citing people ...