C.COMPANIES Enthusiasm for investing waned after the global financial crisis and suffered a major blow when Covid-19 struck. But even those who have been stingy over the past decade, like miners and shipping companies, are likely to loosen their purses this year and next. Oil and gas companies are an exception, many of whom see little point in expanding capacity given the global drive to decarbonize.
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This article appeared in the print edition in the Finance & Economics section under the heading “Companies are shedding investment restraint”