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Green Investors Are Finding Bargains in Trump’s Big Oil Era

(Bloomberg) -- Private infrastructure investors are snatching up green bargains in what’s emerged as a buyer’s market for wind, solar and battery projects.Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Without Federal FundsThe moves follow a

FedEx shares slide as annual forecast cuts stoke worries on economy

(Reuters) -FedEx's shares fell 11% on Friday after the parcel delivery firm cut its annual forecasts, fanning worries about the health of U.S. manufacturing amid uncertainty from the Trump administration's sweeping tariffs on trading partners. CEO Raj Subramaniam warned a day earlier that the company was navigating a very "challenging operating environment" and "weakness in the industrial economy" was weighing on its higher-margin business-to-business volumes. The company's shares hit their lowest in nearly two years on Friday.

Prabowo Faces Investor Revolt Over Indonesia’s Economic Path

(Bloomberg) -- For months, President Prabowo Subianto’s moves to chip away at Indonesia’s long-established economic guardrails have stoked anxiety in markets. This week’s sudden rout suggests investor patience is wearing thin.Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding Pullbac

Oil set for second consecutive weekly gain on expected tightening supply

NEW YORK (Reuters) -Oil prices were steady on Friday and headed for a second consecutive weekly gain as fresh U.S. sanctions on Iran and the latest output plan from the OPEC+ producer group raised expectations of tighter supply. Brent crude futures was up 3 cents at $72.03 a barrel by 10:52 a.m. EDT [1452 GMT]. The U.S. Treasury on Thursday announced new Iran-related sanctions, which for the first time targeted an independent Chinese refiner among other entities and vessels involved in supplying Iranian crude oil to China.

Alberta Premier Rejects Oil Export Tax in Meeting With Carney

(Bloomberg) -- Alberta Premier Danielle Smith rejected any constraints on oil and gas exports to the US in her first meeting with new Prime Minister Mark Carney, renewing her criticism of Canada’s Liberal government as the country prepares for an election.Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsAmtrak CEO Departs Amid Threat