Bloomberg Tellurian Inc. said it signed a $7.5 billion agreement for India’s Petronet LNG Ltd. to buy into its proposed liquefied natural gas terminal in Louisiana, in what could potentially be one of the largest foreign investments in the US to ship shale gas abroad. Petronet will spend $2.5 billion for an 18% equity stake in the $28 billion Driftwood ...

Bloomberg Kenya plans to invite bids next month for the development of a $1.1 billion crude pipeline as the East African nation prepares to start exports via the conduit in three years. Construction of the approximately 820-kilometer (509-mile) pipeline from the oil fields in South Lokichar to the Indian Ocean port of Lamu may start in the second half of ...

Bloomberg Hundreds of protesters gathered at malls in Hong Kong’s Kowloon and New Territories districts and vandalized a train station before clashing with riot police in Shatin. The rallies were relatively muted coming after Saturday’s clashes that continued late into the night with protesters throwing petrol bombs and police firing tear gas, and some officers coming under direct attack. Hong ...

Bloomberg Hundreds of domestic flights in Japan were canceled because of Typhoon Tapah, and the storm caused similar disruptions in South Korea as it moved to make landfall on Sunday. Airlines operating in Japan called off more than 420 domestic flights as of 2 pm on Sunday due to the typhoon, the national broadcaster NHK reported. More than 390 flights ...

Bloomberg A motion to oust Tom Watson, deputy leader of the UK’s main opposition Labour Party, was withdrawn after it opened up divisions on the first day of the party’s conference, threatening to overshadow preparations for a general election. The ruling National Executive Committee was due to vote on the surprise move as delegates met in Brighton, southern England, for ...

Bloomberg President Donald Trump said he doesn’t plan to meet Iranian President Hassan Rouhani during the United Nations General Assembly meeting this week, while leaving open the possibility that he might. “Nothing is ever off the table completely, but I have no intention of meeting with Iran,” the US president told reporters at the White House. “That doesn’t mean it ...

Bloomberg It took an austere law professor to channel the burning injustices of a generation disillusioned by the failures of the Arab Spring into an insurgent campaign that dealt a stinging rebuke to Tunisia’s political establishment. After a buildup that scarcely registered with the media, at the ballot box 61-year-old Kais Saied saw off nearly two dozen rivals seeking to ...

Bloomberg The Thai baht has been the runaway success among Asian currencies this year — surging more than 6 percent while the US-China trade war has punished peers such as the South Korean won and Chinese yuan. There are two reasons why it may rise even more. The Thai currency has proven to be the preferred Asian hedge against global ...

Bloomberg Canadian bank shares are returning with a vengeance, after lagging Canada’s broader stock market for much of the year. Toronto-Dominion Bank shares are on pace to climb for 13 straight days, the longest winning streak since at least 1983. Canadian Imperial Bank of Commerce has been rising for 12 days, its longest run since May 2018. And shares in ...

Bloomberg Currency traders may have a green light to push the franc higher after the Swiss National Bank (SNB) refrained from joining global central banks in easing policy. The franc has led gains among major currencies since Swiss policy makers projected lower inflation and growth yet did not follow the European Central Bank (ECB) and Federal Reserve in cutting interest ...