Paris / Bloomberg India urged investors to capitalize on a trillion-dollar opportunity that will emerge over the next 15 years when power consumption is expected to quadruple. Investors should bring advanced technologies and “meticulous planning” to the electricity industry, Power Minister Piyush Goyal said on Wednesday at an India-Japan joint seminar on smart meters in New Delhi. The country ...

  Bloomberg China’s latest attempts at reforming the country’s extensive pipeline network are aimed at lowering prices for end users and boosting gas demand, analysts said Wednesday after the country released draft guidelines. The National Development and Reform Commission proposed setting gas transmission fees for companies rather than for individual pipelines, the country’s top economic planner said in the policy ...

  AFP Philippine food giant Universal Robina Corp said Wednesday it would buy Snack Brands Australia for US$460 million, the latest big deal in a global shopping spree by Filipino firms reflecting the nation’s economic rise. URC said it had sealed an agreement to buy the Australian company — maker of popular local brands including Kettles, Thins, CC’s and Cheezels ...