Germany’s second-biggest coal miner plans to invest €1.5 billion ($1.6 billion) in renewable energy at one of its lignite operations as the government increases pressure to phase out the dirtiest fossil fuel.
Two of the most widely used cancer drugs are in short supply amid one of the worst chemotherapy shortages in decades, forcing clinics across the US to ration the lifesaving medicines.
Toyota Motor Corp.’s sizzling rally this week has propelled it back into the list of Asia’s five-largest companies by market value, charging ahead of Alibaba Group Holding Ltd. and Industrial & Commercial Bank of China Ltd.
The Bank of Japan may adjust its yield-curve control program at Friday’s monetary policy meeting to reflect recent strength in economic fundamentals, according to an outlying view from JPMorgan Securities Japan Co.
(Bloomberg) — Switzerland’s government expects inflation to be above the central bank’s target this year — a forecast which reinforces a likely interest-rate hike next week.
Legal & General Group Plc has named an outsider as its next chief executive officer to replace Nigel Wilson, who’s stepping down after more than a decade at the helm.
Saudi Arabia and the United Arab Emirates are lobbying allies in Europe to restore diplomatic ties with Syria’s government and ease sanctions, people familiar with the matter said.
Hennes & Mauritz AB and Asos Plc shares rallied after the clothing retailers reported signs of improving prospects.
China’s weakening economy prompted the central bank to cut interest rates for the first time since August, and expectations are growing for more stimulus targeted at ailing industries including the property sector.
Asos Plc’s turnaround effort progressed in the last three months as the online retailer returned to profit, prompting a share rally.
