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EON, RWE avoid N-tax cuts supply as demand peaks

  Bloomberg EON SE and RWE AG delayed the refueling of some reactors to this winter to avoid paying a tax that has cost them billions of euros in the past, damping supply just as cold weather increases demand. As a result, the nation’s nuclear production is at the lowest since 2011 and is expected to remain subdued through next ...

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India’s mobile phone price war triggers consolidation

  Bloomberg Executives atop India’s mobile-phone industry foresee a consolidation that could knock Bharti Airtel Ltd. out of first place in the $26 billion market. The catalyst: free calls and industry debt that has ratcheted up to more than double revenue. Billionaire Mukesh Ambani escalated a price war in September, vowing to reorder the market and luring tens of millions ...

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Gold exports to China soar in run-up to Lunar New Year

  Bloomberg Gold exports to China soared in the run-up to the start of the Lunar New Year, with volumes increasing in December from major suppliers Switzerland and Hong Kong. More gold was sent from Swiss refiners to the world’s top consumer than in any month since at least January 2014, according to data on the website of the Swiss ...

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