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California fire threat leaves 60,000 without power

Bloomberg PG&E Corp. has deliberately left customers in the dark for the first time as a precaution to prevent wildfires from breaking out. Almost 60,000 customers in six counties across the Sierra Nevada foothills and Northern California country were blacked out during a windstorm, according to Melissa Subbotin, a company spokeswoman. About 70 percent of those customers will have electricity ...

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India’s bullet train project faces land acquistion hurdles

Bloomberg India’s bullet train project is moving at the pace of a commuter train instead. A year after the project was kicked off, only 0.9 hectares of land have been acquired out of the 1,400 hectares needed, according to the Indian government company leading the project. The $15 billion facility, the highlight of Prime Minister Narendra Modi’s drive to upgrade ...

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Even trade war winners will lose eventually: Apec

Bloomberg There’s no escaping the impact of the US-China trade war, even for countries that stand to benefit from it in the short term, Asia-Pacific Economic Cooperation (Apec) Secretariat Executive Director Alan Bollard said. “The models show a certain amount of trade diverts out of China to Northeast Asia or Southeast Asia,” Bollard said in an interview in Port Moresby, ...

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