Bloomberg Developing countries have added more clean power capacity than fossil fuel generation for the first time ever, charging ahead of wealthier nations in the global green energy push, according to Bloomberg NEF. Wind and solar generation accounted for just over half of the 186 gigawatts of new power capacity in developing nations last year, according to BNEF’s annual Climatescope ...

Bloomberg President Donald Trump said he’ll likely push forward with plans to increase tariffs on $200 billion of Chinese goods, indicating he would also slap duties on all remaining imports from the Asian nation if negotiations with China’s leader Xi Jinping fail to produce a trade deal. Trump, in an interview with the Wall Street Journal published on Monday, said ...

Bloomberg General Motors Co.’s attempt to rejuvenate its business once again is made more difficult by a dramatic slowdown in the world’s largest vehicle market: China. During previous shakeups, including its bankruptcy and recovery almost a decade ago, the US carmaker could rely on steadily growing demand in China that helped it weather cooling sales at home. Not this time ...