ABU DHABI / AGENCIES Masdar has signed an agreement with the Ministry of Investments and Foreign Trade of Uzbekistan and JSC National Electric Grid of Uzbekistan to design, finance, build and operate a 500-megawatt utility-scale wind farm project. The Power Purchase Agreement (PPA) and Investment Agreement was signed during a virtual ceremony by Sardor Umurzakov, Deputy Prime Minister and Minister …

Bloomberg Oil traded near $38 a barrel in New York in choppy trading, as the market was caught between weaker equities and an ongoing market rebalancing. Futures whipsawed between gains and losses. While stock markets retreated and Saudi Arabia decided to end additional supply curbs this month, there are signs of a broader rebalancing. US crude inventories are forecast to …

Bloomberg France unveiled an aerospace rescue plan to bolster European planemaker Airbus SE and its financially-strapped suppliers with measures aimed at preventing massive job losses and underpinning aircraft orders. The sweeping aid package laid out on Tuesday by Finance Minister Bruno Le Maire, worth about 15 billion euros ($17 billion), provides investment, payroll subsidies and credit guarantees to cushion the …