Energy Update
After successful type testing, wind power projects in Germany can now be planned with the D3 turbine and will be authorized according to the current feed-in tariff.
(Adds portfolio manager comments, details on Canadian Western
Bank; updates prices)
* TSX closes down 157.95 points, or 1.14 percent, at
13,707.68
* Index touches its lowest since April 18 at 13,599.93
* Eight of the index's 10 main groups end lower
Stephanie Wilson on how continuing strong screen prices of spot thermal coal threaten to reduce liquidity in the South African Richards Bay market.
NEW YORK, May 3 (Thomson Reuters Foundation) - Economies
across large swathes of the globe could shrink dramatically by
mid-century as fresh water grows scarce due to climate change,
the World Bank reported on Tuesday.
Northeastern US mills and East Coast bulk exporters raised offer prices on May 2 to secure material amid a firm export market and anticipated significant increases in domestic scrap prices this week during the May buy.
PARIS, May 3 (Reuters) - Vallourec on Tuesday
reported a first-quarter net loss and a drop in sales volumes to
record lows, but the steel pipe maker said its results would
improve in the second quarter.
Verengo Solar and Swell Energy jointly announced today a partnership that creates a one-stop home energy storage and backup power solution for the residential market. Under the terms of the agreement, Verengo will leverage its leadership position and expertise in the residential solar power installation market and become a preferred installer of Swell Energy's home solar battery products.
HOUSTON, May 3 (Reuters) - Gulf Coast cash gasoline
differentials fell on Tuesday as the well-supplied market
anticipated this week's restart of a gasoline-making unit at the
nation's largest refinery, traders said.
The City Council of Santa Monica, Calif., voted last week to approve an ordinance requiring rooftop solar systems for all new construction in the City of Santa Monica—both residential and commercial.
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