Ghana’s new government is looking to fix a crippling power crisis with a complete overhaul of its deficit-ridden energy sector including a boost for solar energy.
The EU blocked the blockbuster merger of the London Stock Exchange with Germany’s Deutsche Boerse on Wednesday, snagged by competition concerns and the fallout from Brexit.
Toshiba’s loss-hit US nuclear unit Westinghouse Electric (WEC) has filed for bankruptcy protection, the companies said Wednesday, as the troubled division wrestles with multi-billion losses and accounting fraud claims.
As Britain’s divorce from the European Union begins Wednesday, Australia’s meat industry is licking its lips at the prospect of a boost in exports as London scrambles to sign free-trade deals across the globe.
German automakers Mercedes Benz and Volkswagen will recall nearly one million vehicles in China, according to the country’s quality regulator.
The world’s biggest smartphone maker Samsung will unveil its latest flagship, the Galaxy S8, on Wednesday in New York as it seeks to move on from last year’s humiliating recall crisis.
Toshiba has approved a plan to place its US nuclear unit in bankruptcy protection, a report said Wednesday, as the troubled division wrestles with multi-billion-losses and accounting fraud claims.
The dollar on Wednesday built on most of its New York gains that came after a strong US consumer confidence survey reinforced the view of a strong economy, though Asian markets were less certain following the previous day’s rebound.
President Donald Trump pledged on Tuesday to revive America’s coal industry by rolling back regulation, but energy experts expressed doubt his moves would significantly boost prospects for the controversial energy source.
Energy giant Exxon Mobil has asked the Trump administration not to scrap US participation in the landmark Paris climate agreement, running counter to White House moves on carbon emissions.
The United States launched an anti-dumping investigation against imports of Chinese aluminum foil on Tuesday, the latest in a series of cases against the country that could result in the imposition of punitive duties.