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  Bloomberg Amazon.com Inc struck deals to boost its access to renewable energy by almost a third as the company looks to get all of its power from green sources within a few years. The retail giant will buy power from 3.5 gigawatts of new projects — mostly solar farms in the US — to supply its offices, warehouses and ...

Bloomberg A senior US diplomat again warned China of sanctions if it offers “material support” for Vladimir Putin’s war in Ukraine, while also pledging to help India end its dependence on Russian weapons. China wasn’t helping the situation in Ukraine by doing things like amplifying Russian disinformation campaigns, US Deputy Secretary of State Wendy Sherman said at an event in ...

  Bloomberg Japan reinstated a reference to Russia’s “illegal occupation” of disputed islands in its annual diplomatic report for the first time in 19 years, as relations between the neighbours turn increasingly hostile following the Kremlin’s invasion of Ukraine. The two countries have been locked in a territorial dispute over a group of islands known as the southern Kurils in ...

Bloomberg Emmanuel Macron is closer to winning another term at the helm of Europe’s second-largest economy as nationalist leader Marine Le Pen runs out of time to narrow the gap between them before the presidential runoff ballot. Both candidates are holding their last rallies in areas where they came out on top in the first round two weeks ago — ...

Bloomberg Sri Lankan lawmakers backing President Gotabaya Rajapaksa said they’re willing to consider constitutional changes submitted by his opponents, including clipping his executive powers, signaling a softer stance as the government faces public anger over rising living costs. The government “is ready to work with parliament on constitutional amendments and proposals submitted by various parties which should be published for ...

Bloomberg Mwai Kibaki, the two-term Kenyan president who fired up the economy yet saw his legacy tainted by election-related violence, has died. He was 90. His death was announced by President Uhuru Kenyatta in a televised address. “Kibaki was a quintessential patriot, whose legacy of civic responsibility will continue to inspire generations of Kenyans long into the future,” Kenyatta said. ...

  Bloomberg The Bank of Japan (BOJ) reiterated its ultra-loose monetary policy with four days of unscheduled bond buying as the widening interest rate gap with the US puts upward pressure on bond yields and weakens yen. The move comes as Japan’s benchmark 10-year yield stayed elevated at the 0.25% upper limit of the BOJ’s tolerated trading band despite announcing ...

  Bloomberg Credit Suisse Group AG’s chief executive officer (CEO) at its securities venture in China is stepping aside after less than two years on the job, becoming the second top banker at a major foreign lender in the nation to quit this month. Tim Tu informed management that he decided to pursue other opportunities within Credit Suisse, according to ...

Bloomberg Barclays Plc has sold a 7.4% stake in former African unit Absa Group Ltd for 526 million pounds ($687 million), cutting its holding by half. The firm priced an accelerated placing of 63 million shares at 164 rand each ($10.88), according to a statement. That was a 7.3% discount to the Johannesburg-listed stock’s Wednesday close. Barclays gathered enough investor ...

  Bloomberg BDO Unibank Inc, the Philippines’ largest lender by assets, wants the country’s next president to be tough against the cybercrimes. Financial service providers that are outside the scope of central bank regulations have proliferated, and “for the health of the industry and the public, they should look at how these entities should be managed relative to banks” which ...