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China’s order for green power purchases lifts wind, solar shares

  Beijing / Bloomberg China sent shares of renewable-energy companies higher by forcing grid operators to buy wind and solar power in regions where network congestion has idled plants. Grid companies will have to buy sufficient power that ensures wind farms across nine regions including Xinjiang and Gansu can operate at least 1,800 hours a year, according to a statement ...

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ECB keeps crucial interest rates unchanged, mum on Greek debt

  AFP The European Central Bank held key interest rates at historic lows Thursday, but made no announcement regarding Greece despite speculation it may offer a helping hand to its cash-strapped banks. Meeting in the Austrian capital instead of its usual home venue in Frankfurt, the ECB’s decision-making governing council voted not to alter borrowing costs, which have been at ...

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US Congress committee investigating B’desh Bank heist

  AP A US congressional committee is investigating how hackers managed to divert US$101 million from Bank of Bangladesh accounts held at the Federal Reserve in New York. The February theft led the Bangladesh central bank’s chairman to resign, and added to worries about the security of online bank data. This week, the Science Committee in the US House of ...

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