The Green Investment Bank (GIB) needs to be built up before it can be floated in several years' time according to a UK-based international consortium which wants to be reconsidered as a buyer for the government-owned bank.
Britain is facing three years of slow growth, rising unemployment and squeezed consumer spending as the Brexit-induced collapse in the pound triggers a radical rebalancing of the economy.
Untethering the ruble helped Russia ride out the biggest oil downturn in a generation. But it's left the world's biggest energy exporter vulnerable to greater volatility in crude prices as OPEC pushes output cuts.
Chinese climate officials' hopes of US President Donald Trump - who labelled global warming a “hoax” during his election campaign - softening his stance on the issue once he moved into the Oval Office have proved unfounded.
Snap Inc.'s quest to earn enough money to IPO sees it flip-flopping after pledging not to use “creepy” ad targeting. Snap will now allow advertisers to use Oracle's Data Cloud (formerly Datalogix) third-party data about what users buy offline to target ...