Bloomberg Poland’s plan to quickly cut down on coal as its main electricity fuel may take longer than expected as the country seeks to limit its investments in gas-fired power units. The European Union’s most coal-reliant nation intends to increase the usage of power plants fired by the dirty fuel “in short- and mid-term,” the State Assets Ministry said in ...

Hong Kong’s most unpopular leader since the city returned to Chinese rule stayed in character to the end. Carrie Lam paid tribute to her backers in Beijing, while eschewing any mention of the financial center’s people as she confirmed she won’t seek a second five-year term. The chief executive put the central authorities first, second and third on her list ...

The US Commerce Department announced that consumer spending fell 0.4% in February from January after adjusting for inflation. This may not seem like much, but real spending has dropped in three of the last four months. Without strength in household outlays, the economic expansion is doomed. Capital spending provided a minor boost to the economy but didn’t recover the losses ...