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Sri Lankan shares closed higher on Wednesday, aided by gains in financial and communication services stocks, while investors await the monetary policy decision from the country's central bank this week where it is expected to keep key rates unchanged. ....
BlackRock, Korea's SK, Switzerland's UBS and other companies are chasing an investment boom in battery storage plants in Texas, lured by the prospect of earning double-digit returns from the power grid problems plaguing the state, according to project owners, developers. ....
Global thermal coal prices are stabilising this year in a range near $200 a tonne that is less than half of 2022's record highs, analysts and industry officials say, with rising supplies providing respite to consumers roiled by last year's volatility. ....