Britain’s biggest water supplier Thames Water might need to write down £3.6 billion ($4.6 billion) of debt if the government takes over control, according to a Bloomberg Intelligence report.
GQG Partners LLC and other investors bought stakes worth about $1 billion in two Adani Group companies from the family trust, according to people with knowledge of the matter.
State Grid Corp. of China will prioritize preventing blackouts over its longer-term goal of decarbonizing the country’s power mix.
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