LONDON, Oct 6 (Reuters) - Two of the world's commodity powerhouses, Vitol and Trafigura, have raised over $10 billion this week, despite rival Glencore's run-in with investors, which they say shows bankers understand the sector better than bond or equity dealers.
The Asian Development Bank (ADB) has approved a $500 million loan program that the bank said will boost efforts by the government of Indonesia to scale up renewable energy through price incentives for geothermal, biomass and small hydropower, and set up an energy efficiency marketplace, according to an Oct. 2 ADB statement.
Oct 6 (Reuters) - Energy and mining company Freeport-McMoRan Inc said it is reviewing strategic options for its oil and gas business, including a spinoff, joint venture or a public offering.
MWANZA, Tanzania, Oct 6 (Thomson Reuters Foundation) - Green beer may not sound too appealing, but in Mwanza, it's going down a treat. A locally produced "greener" brew not only slakes thirst but is reducing the carbon footprint of the country's second largest city.
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