Bloomberg Three words — whatever it takes — defined Mario Draghi’s time as European Central Bank president, but he’s prouder of another number: 11 million jobs. Hardly a public appearance goes by without Draghi mentioning employment growth in the euro zone as a justification for the extraordinary monetary stimulus he’s pushed through since 2011. The focus on jobs might be …

Bloomberg An auction next month of oilfields in Brazil may be the priciest ever held, raising at least $50 billion in licensing fees and compensation, according to people familiar with government estimates. Exxon Mobil Corp., Royal Dutch Shell Plc and other energy giants are set to vie for deep-sea deposits that could hold 15 billion barrels of oil, almost twice …

Bloomberg Construction of coal-fired power plants in Southeast Asia has slowed significantly since 2016, with only Indonesia starting any new stations in the first half of this year, according to a report by Global Energy Monitor. The region, which has been targeted as a growth center in coming years for coal-fired power, saw 1,500 megawatts of capacity enter construction in …