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Botswana coal miner sees opportunity in ‘shortages’

Bloomberg Botswana’s sole operating coal mine will increase output almost threefold within seven years as it eyes export opportunities created by a shortage of the fuel that’s used to fire most of southern Africa’s power plants. Morupule Coal Mine in the east of the country will ramp up annual production to 8 million metric tonnes by 2025 from 2.8 million ...

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EDP says Three Gorges bid low, will seek details

Bloomberg EDP-Energias de Portugal SA’s executive board reaffirmed that the 9.1 billion-euro ($10.7 billion) takeover offer from China Three Gorges Corp. is low and said it will seek more information from the bidder about its plans for the Portuguese utility. “The executive board of directors notes that there are merits in the strategic intentions of the offeror,” Lisbon-based EDP said ...

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Facebook’s top market heads for strict privacy regulations

Bloomberg B.N. Srikrishna is a genial, 77-year-old former Supreme Court judge who recites Shakespeare and Sanskrit scriptures with equal facility. But he’s making the likes of Google, Amazon and Facebook more than a little nervous. Srikrishna is leading the effort to draft new data-privacy laws for India that will regulate how tech giants from the US and elsewhere operate in ...

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