Reuters When Egypt announced plans to develop renewable power in 2014, investors piled in, …
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Crude slump sees oil majors’ debt burden double to $138bn
Bloomberg When commodity prices crashed in late 2014, oil executives could look at their …
Read More »Oz power revolution swaps grids for home batteries
Bloomberg A revolution in south Australia is wresting power from utility-owned grids and putting …
Read More »Oil traders see glimmer of profit in hoarding crude at sea
Bloomberg Oil traders once again believe it’s worth heading out to sea. The market …
Read More »RBS records Q2 loss on $1.7bn litigation expense
Bloomberg Deutsche Bank AG Chief Executive Officer John Cryan signaled Germany’s largest lender may …
Read More »JPMorgan not to buy Italy’s BMPS
AFP US bank JPMorgan Chase denied that it ever intended to buy troubled Italian …
Read More »Cutting bank reserve ratios will pressure yuan lower, says PBOC
Bloomberg A cut to lenders’ reserve requirements would add too much liquidity to the …
Read More »Standard Chartered shares jump despite fall in profit
Bloomberg Standard Chartered Plc surged in London trading as first-half loan impairment charges fell …
Read More »BOE’s plan for corporate bonds draws backlash
Bloomberg The Bank of England’s corporate-bond purchase program, announced on Thursday, has been met …
Read More »Japan’s new stimulus is an old thing
Japanese growth is still sluggish. Consumers aren’t consuming much, and businesses aren’t investing. The …
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