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UPDATE 2-Brazil's Temer seeks constitutional change to curb public spending

* Labor unions opposed to cuts in pension benefits

(Adds details from news conference, market reaction,
economist's comment)

RPT-Climate change takes center stage at Exxon, Chevron annual meetings

Report: Solar+Storage Could Eliminate Electric Bills for California’s Affordable Housing Properties

Under current utility rate tariffs in California, solar plus energy storage could all but eliminate electric bills for the owners of affordable housing properties, according to a new report.

UPDATE 4-French strike hits refinery output in labour reform showdown

* Govt says one in five fuel stations nationwide affected

(Writes thru, adds air traffic controllers strike, vox-pop,
Total comment)

Russia places $1.75 bln in Eurobonds at 4.75 pct - sources

MOSCOW, May 24 (Reuters) - Russia on Tuesday placed $1.75
billion in Eurobonds at a yield of 4.75 percent, three financial
market sources told Reuters.

RUSSIA EUROBOND PLACED AT YIELD OF 4.75 PCT - SOURCES

RUSSIA EUROBOND PLACED AT YIELD OF 4.75 PCT - SOURCES

UPDATE 1-Total says strikes could jeopardise its investments in France

* CEO promised to invest, make refineries profitable by
end-2016

CFO of Russian coal and steel group Mechel to leave

MOSCOW, May 24 (Reuters) - Andrey Slivchenko, chief
financial officer of Mechel, is to leave following the
expiry of his two-year contract, the Russian coal and steel
producer said in a statement on Tuesday.

The Solar Partnership Flip: Part II

With the background I provided in part one of this article on safe harbors and tax credits — Solar Partnership Flip – Alive and Well in 2016: Part I — we can now look at the partnership flip and its relationship with the Internal Revenue Code (IRC).

BMW South Africa Rolls Out Solar Carport

BMW South Africa on May 20 unveiled its first solar carport that will be rolled out locally starting in July.

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