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BHP aims to complete US shale exit within two years

Bloomberg BHP Billiton Ltd. is aiming to complete its exit from the US onshore oil and gas sector within two years after settling on asset sales ahead of alternatives such as an initial public offering. “We’re determined to divest these businesses,” Chief Executive Officer Andrew Mackenzie said at an annual meeting in Melbourne. “We have concluded with our shareholders that ...

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Ford’s India partner Mahindra to team up for electric vehicles

Bloomberg Ford Motor Co. and its Indian partner Mahindra & Mahindra Ltd. could create their own electric car line in the country to help battle pollution from the vehicles clogging India’s roads, Chairman Anand Mahindra said. Mahindra & Mahindra, which already sells the e2o micro electric car, would be open to creating a new electric vehicle line in India with ...

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Uber targets India market with back-to-basics features

Bloomberg Hailing an Uber in India is a whole different game. Addresses are non-existent or rarely useful, while most people are using older smartphones in a place with limited mobile-data speeds. To tackle such challenges, Uber Technologies Inc. is rolling out new features in the world’s second-most populous nation. Customers can book rides on a new, lighter web-based version of ...

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