Bloomberg Business

Falling Solar Costs Offer Hope for Power-Deprived Bangladesh

Falling solar power prices can help ease an energy crunch in Bangladesh, where an over-dependence on fossil fuels has drained foreign-exchange reserves and jeopardized electricity supplies, BloombergNEF said in a report.

Soaring Sugar Prices Hit African Nations the Hardest

Skyrocketing sugar prices are hitting some of Africa’s poorest nations particularly hard, forcing families and restaurants to forgo use of the ingredient that is core to local diets.

Barito Renewables to Raise $203 Million in IPO Priced at Top

PT Barito Renewables Energy, owned by Indonesian billionaire Prajogo Pangestu, is poised to raise 3.13 trillion rupiah ($203 million) through an initial public offering in Jakarta, according to a statement published on Monday.

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