Russia extended its interest-rate pause to the longest in more than seven years as the central bank becomes increasingly alert to inflation risks at a time of heavy government spending on the war in Ukraine.
United Arab Emirates-based Optasia is weighing strategic options, including a sale or initial public offering in the Middle East, people with knowledge of the matter said.
The UK opposition Labour Party watered down its £140 billion ($176 billion) flagship green energy plan days before it was due to be presented as concern that it was too expensive and ambitious created mounting tensions among senior figures.
South Africa will focus on fixing its dilapidated coal-fired power plants and the longer-term roll-out of at least 50 gigawatts of private renewable energy projects by the end of the decade to tackle crippling blackouts, according to senior officials in the nation’s presidency.
After years of unfettered growth, the providers of ESG ratings will soon have to adjust their businesses to comply with new regulations or face hefty fines if they fail to comply, according to a draft document seen by Bloomberg News.
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