As Germany prepares to pass its climate protection plan through 2030, the government is trying to decide whether to prioritise solar or wind energy. The latest version of the plan leans towards solar, and that makes economic sense, but it also represents something of an unwelcome turnabout for the existing renewables industry, which is mostly wind-focused. In the most recent ...

The heated auction between buyout firm Bain Capital and Austria’s AMS AG for the German LED-maker Osram Licht AG has ended in no deal. The prospect of a transaction being rekindled in the near term looks bleak — though not impossible over the longer run. It beggars belief that a tense round of bidding can culminate in no more than ...

A common refrain you hear in India is, “There’s no credit in the market.” The despondence cuts across industries as diverse as real estate, autos and road construction. An 88% slump in the flow of funds to the commercial sector between April and September shows that the producers’ unease is justified. However, one credit tap is starting to gurgle, giving ...