Is the world’s most bitterly contested coal mine finally getting the go-ahead? After the opposition Labour party suffered heavy losses in coal-mining regions in Australian federal elections, the Carmichael project looks to be getting closer than ever to approval. In the view of the government’s resources minister Matt Canavan, the pit being developed by Adani Mining Pty., a unit of ...

These days, any news seems to be good news for Jaguar Land Rover (JLR). After Tata Motors Ltd.’s UK unit posted 120 million pounds ($152.8 million) of pretax profits and positive free cash flow for the quarter, the company’s US-listed shares rose as much as 10% in pre-market trading and bond prices ticked up. Both numbers remain deep in the ...

Indonesia was never keen to be part of China’s Belt and Road Initiative. That hasn’t stopped it from embracing the Chinese way when it comes to financing roads and railways. The government of President Joko Widodo plans to spend more than $400 billion building airports, power plants and other infrastructure in the next five years, Planning Minister Bambang Brodjonegoro told ...