Bloomberg Indonesian President Joko Widodo’s allies led in key provincial races in elections held across the country on June 27, giving him a major boost before the presidential vote next year. Polls were held in 171 regions that collectively hold more than 152 million registered voters across Southeast Asia’s biggest economy. Analysts were particularly watching the results in Java, home ...

Bloomberg Big oil is losing faith in President Donald Trump’s pledges to build the US into a self-reliant energy superpower. Top executives from Exxon Mobil Corp, Chevron Corp and Total SA all took shots at Trump’s trade plans at the World Gas Conference in Washington, expressing concern that US tariffs are a risk to oil and gas demand, and that ...

Bloomberg Baker Hughes will emerge from the shadow of parent General Electric Co amid unprecedented turmoil and dislocation in the global oil business. GE’s plan to unload its 62.5 percent stake in the oilfield-services company over the next two to three years will leave Baker Hughes in much the same place it was before the industrial conglomerate absorbed it last ...