Coal Use Set to Drop in Europe’s Power Mix as Weather Moderates
Europe is on track for limited power demand in June on the back of favorable weather trends, reducing the need for the region to burn coal in generation.
Europe is on track for limited power demand in June on the back of favorable weather trends, reducing the need for the region to burn coal in generation.
Byju’s seeks to have the stock-market debut of its tutoring unit next year, later than it had previously envisaged as the Indian education-technology company struggles with financial challenges.
China is taking targeted steps to help specific sectors of the economy, like property and manufacturing, suggesting broader stimulus measures like interest rate cuts could be off the table for now.
The Federal Reserve’s June meeting is shaping up to be one of the trickiest in its 15-month campaign to tame inflation: Chair Jerome Powell seems intent on skipping an interest-rate increase, while explaining to the public that officials aren’t done yet.
Incitec Pivot Ltd., an Australian maker of explosives and fertilizers, is preparing to replace its chief executive officer amid investor pressure over its performance, people with knowledge of the matter said.
Germany plans to help energy-intensive manufacturers transition to climate-neutral technologies with roughly €50 billion ($53.4 billion) in subsidies.
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Daiwa Securities Group Inc. employees are widely using an artificial intelligence-powered chatbot in Japan, as the nation’s second-largest brokerage follows global banks in exploring the potential of rapidly evolving technologies.
For all the concern about a debt crisis facing China’s local governments, the bonds most exposed to a potential blowup are proving among the country’s best investments this year.
The man tasked with turning around the troubled landlord at the center of Sweden’s property crisis has pledged not to sell off the company’s assets at a discount, anticipating that there will be “plenty of interested parties.”