Bloomberg The three largest automakers in US suspended some operations on the coldest day of the year after a fire at a Southeast Michigan natural gas facility drastically reduced their supply of the heating fuel. Energy prices soared as freezing weather spread into the Northeast and closed a nuclear reactor in New Jersey. CMS Energy Corp.’s Consumers Energy utility sends ...

Bloomberg India’s power retailers may need to start paying in advance for their electricity purchase in a bid to ease financial stress at generators. Concerned over delayed payments to generators, the federal power ministry has formed a panel to examine if distribution companies should pay generators in advance for electricity purchases, according to a power ministry document reviewed by Bloomberg. ...

Bloomberg Activity in India’s dominant services sector cooled in January, adding to the urgency for the central bank to do more to support the economy as it meets on interest rates. The seasonally adjusted Nikkei India Services Business Activity Index fell for the second straight month in January to 52.2 from 53.2 in December, indicating a softer expansion in output. ...