Bloomberg Blowouts in Australian coal processing times at Chinese ports are not unprecedented and the government is working with officials in Canberra and Beijing to clarify reasons for the current round of delays, Trade Minister Simon Birmingham said. Processing times for Australian coal shipments have expanded to close to 40 days from about 25 days at some ports, he told ...

Bloomberg Indian billionaire Anil Ambani has spent years fending off creditors and suing critics of his debt-saddled business empire. But his moment of reckoning may have arrived, as he races to pay debts or face a possible jail sentence. On February 20, India’s Supreme Court said that the Reliance Group’s phone unit had disobeyed a ruling to pay about $77 ...

Bloomberg Italian Finance Minister Giovanni Tria cautioned that the Treasury will consider taking a stake in struggling airline Alitalia SpA only if talks between potential investors produce a strong business plan. Speaking to lawmakers in the lower house of parliament, Tria confirmed that talks are underway involving Delta Air Lines Inc. and UK discounter EasyJet Plc, with state rail operator ...