Severn Trent growth pledge amid price fall

Investors told they can expect improving profits and dividends

illustration of Li Hejun
©Joe Cummings

Li Hejun, a solar billionaire feels heat

A market plunge of less than an hour dethroned mainland China’s richest man, writes Lucy Hornby

Week in Review

Week in Review, May 23

Deutsche Bank under fire; John Malone, BP and M&S also in the news

Shale group proposes fracking in Yorkshire

Third Energy is second company to apply for licence in the UK

Ousted CEO digs in in lockout at Asia Resource Minerals

Miner’s shares suspended after failure to regain control

Engie will not acquire struggling Areva

Utility boss says company will consider joint ventures

Enoc moves to buy out Dragon’s minorities

Deal would value crude producer’s equity at £3.6bn

Saudi Arabia foresees fossil fuel phase-out

Oil minister says kingdom will switch to renewables this century

Moya the Destroyer revives letter writing

Chief looks to revive group’s fortunes with heartfelt letter-writing campaign

Stock prices of Goldin subsidiaries
©Thomson Reuters data

HK market under scrutiny as Goldin falls

Loss of $36bn in market cap draws attention to market rules

Oil tankers: tanked up

Surging Asian demand has caused crude carrier rates to boom

National Grid backs closer EU power links

New deals promise cheap wholesale electricity for British households and businesses

De Beers to sell legendary Kimberley Mines

Decision ends 125 years of diamond history

Hong Kong: gamble with care

Regulatory action not necessarily needed after Hanergy and Goldin

Coal and solar executives clash on climate

‘Solar is not an answer to broad scale industrialisation’, says Hayward

BP in Transocean-Halliburton settlement

Deals provide further clarity on Deepwater Horizon disaster costs

Retail sales recovery cheers pound

High street stocks help FTSE 100 eye return to record highs

Energy chief says EU coal and gas dying

‘We continue to build big power plants in emerging countries’

Petrobras probe looks to dig up corpse

Investigators want to test DNA of scandal’s suspected mastermind

Rothschild cools on Asia Resource offer

British financier and Russian partners pull back from takeover


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