INFOGRAPHIC: The numbers behind the world's closest trade relationship

Courtesy of: Visual Capitalist Whether we’re discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships. There are many examples of strong and mutually-beneficial trade relationships all throughout history, but one doesn’t have to look far back to[…]

Denmark's largest energy firm to ditch coal by 2023

On the same day a new The Economist Intelligence Unit report concluded European coal generation is declining and will continue to face a “difficult outlook”, Danish giant Dong Energy (CPH:DENERG) announced it would phase out the use of the fossil fuel. As part of the plan, Dong Energy will stop using coal at all of its European power[…]

Deutsche Bank won’t finance any coal projects any longer

German banking giant Deutsche Bank (FRA:DBK)(NYSE:DB) is fully walking away from coal, as it has decided not to finance any greenfield thermal coal mining or coal-fired plants any longer. Announcing the changes to its coal financing guidelines Tuesday, the lender also said it will gradually reduce its existing exposure to the thermal coal mining sector.[…]