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Bloomberg Indonesia is preparing to auction additional airwaves to telecom carriers to allow them offer 5G services and will ensure a level-playing field to wireless equipment suppliers including Huawei Technologies Co. The government is taking steps to guarantee adequate spectrum will be available for mobile-phone carriers before deciding on a schedule for the sale, Communications Minister Johnny G Plate said ...

Bloomberg Royal Dutch Shell Plc has made $1 billion from trading fuel oil this year, making it one of the standout winners from rules designed to make the shipping industry greener. Shell said last month that it made substantial money in fuel-oil trading in the third quarter, but the company didn’t disclose the size of the profits. Shell traders celebrated ...

Bloomberg Uniper SE is preparing to switch on more natural-gas plants as higher costs for carbon allowances shifted the economics of the power generation business away from coal. Gas plants also are benefiting both from a slump in the price of the fuel. Uniper, one of Europe’s largest utilities, will bring back on line as much as 3.5 gigawatts of ...

Bloomberg Spain’s Iberdrola SA has selected a site for its first project in the Asia-Pacific region, as Europe’s biggest renewable generator looks to expand beyond its core markets. The Bilbao-based company seeks to start a 320-megawatt hybrid wind and solar plant in South Australia in 2021, kicking off planned investments of about $340 million in the country’s renewables sector, it ...

Bloomberg Amazon.com Inc’s big push into logistics is getting scrutiny from European Union (EU) antitrust regulators who asked the US to share an online merchant’s complaint against the retail giant, according to documents reviewed by Bloomberg and two people familiar with the matter. The online merchant accused Amazon of rewarding those who pay for the company’s warehousing, packing and delivery ...

Bloomberg Reynolds Consumer Products Inc, the maker of Reynolds Wrap aluminum foil and Hefty trash bags, has filed for a US initial public offering. The company has hired Credit Suisse Group AG, JPMorgan Chase & Co and Goldman Sachs Group Inc for the share sale. The $100 million registration amount listed on the documents is a placeholder used to calculate ...

Bloomberg With all the focus on getting the positioning right for next month’s UK election, investors may be overlooking bigger threats beyond. Even as optimism grows that Prime Minister Boris Johnson’s party will win the vote and see through a market-friendly Brexit deal, a floundering economy and the prospect of fraught trade talks with the European Union (EU) are unnerving ...

Bloomberg The board that oversees retirement savings for US government employees will allow one of its funds to invest in an international index that includes Chinese companies, despite the threat of legislation from lawmakers who say the investments will undermine national security and contribute to China’s economic and corporate growth. The Federal Thrift Retirement Investment Board finalised the decision in ...

Bloomberg The tremors from Germany’s downturn are reverberating in Italy — particularly in the country’s industrial heartland. Companies big and small in the prosperous northern regions have been hit by declining sales as Europe’s largest economy buckles under a manufacturing slump. That’s a problem for Italy’s government, desperate to boost its own economic growth to help it get control of ...

Bloomberg Supporters of Juan Guaido staged their biggest protest in Caracas in months as Venezuela’s opposition leader seeks to revive his campaign to oust president Nicolas Maduro. A week after Maduro’s ally Evo Morales was toppled in Bolivia, Guaido is seeking to boost thinning crowds that have grown apathetic since a botched uprising in April failed to remove Maduro. “I’m ...