Recent Posts

India’s bright idea can make solar power returns shine

  New Delhi / Bloomberg The returns for overseas investors in India’s ambitious 100-gigawatt solar programme are about to get a big leg-up. And no, New Delhi won’t be paying the producers much more than the rock-bottom tariff of 4.34 rupees (7 cents) per kilowatt-hour. So where will the extra profit come from? Speaking in London, Indian Power Minister Piyush ...

Read More »

UK retail sales fall more than forecast; budget target missed

    Bloomberg U.K. retail sales posted their biggest monthly decline in more than two years in March as Britons bought less of everything from food to clothing. The volume of sales excluding auto fuel fell 1.6 percent from February, the most since January 2014. Total sales dropped 1.3 percent. Both far exceeded the modest declines forecast in a Bloomberg ...

Read More »

Greek bailout success uncertain in long term: German FM Schaeuble

  Bloomberg German Finance Minister Wolfgang Schaeuble cast doubt on whether Greece’s bailout will succeed, while citing progress on the more immediate task of concluding a review of Greek compliance with the aid program that’s needed to unlock more funds. “We can make it, I’m not that pessimistic, we’ve made progress,” Schaeuble said during a panel discussion in Berlin late ...

Read More »
Send this to a friend