Bloomberg The tightening of emissions limits for deep-water ships has some of North America’s busiest ports chasing a new opportunity. The UN’s International Maritime Organization last year cut limits on sulfur in marine fuels to 0.5 percent from 3.5 percent, starting in 2020. The target: So-called bunker fuel, a cheap, tar-like oil residue used by most ships. Now ports ...

  Bloomberg Saudi Arabia’s Almarai, the Gulf’s largest dairy company, reported a 1 percent increase in fourth-quarter net profit on Sunday, broadly in line with analysts’ forecasts, and said cost controls would continue to be a priority. Almarai said net profit totalled 488.5 million riyals ($130 million) in the three months to Dec. 31, up from 483.7 million riyals in ...

  Bloomberg Global investments in renewable power dropped the most on record in 2016 as demand in China and Japan faltered. Worldwide spending on clean energy fell 18 percent from 2015’s record high to $287.5 billion, according to a report by Bloomberg New Energy Finance. It was the first decline since 2013 and comes as environmental policies face pressure from ...