Banga to push for World Bank to end ban on nuclear funding

In:

Power

Region:

Middle East & Africa, Americas, Asia-Pacific, Europe

World Bank president Ajay Banga has doubled down on his push to revamp the bank's energy strategy to end a ban on lending for nuclear power projects and enable more natural gas projects. He said he would seek executive board approval in June.The changes would mark a shift from the bank's...

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Traders take on assets as commodity volatility fades

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Traders take on assets as commodity volatility fades

Commodity traders reaped substantial profits off the back of market volatility in 2022 and 2023. With their war chests armed, they pursued a policy of diversification – across...

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