Bloomberg Exxon Mobil Corp.’s offer to raise its bid for InterOil Corp. to as high as $3.9 billion isn’t enough to pacify the deal’s most prominent opponent. InterOil founder Phil Mulacek, who left in in 2013 and remains the third-largest shareholder, said Exxon still isn’t offering shareholders full value for InterOil’s hydrocarbon reserves in Papua New Guinea. Exxon last ...

  Bloomberg Those looking for a bright spot in the global warming picture might want to pay closer attention to India. For several years, demand for electricity in the world’s second-most populous country has trailed forecasts, data compiled by India’s Central Electricity Authority show. While the reasons for the mismatch are complex, the gap raises the prospect that India won’t ...

  Bloomberg Taiwan held its benchmark interest rate for a second straight quarter as economic indicators show fourth-quarter strength and improving growth prospects for 2017. Policy makers held the discount rate to banks at a six-year low of 1.375 percent, the central bank said in a statement on Thursday after a meeting in Taipei. All 28 economists in a Bloomberg ...