Bloomberg Indonesian airlines reduced air fares for some local routes by as much as 60 percent starting last week in response to a backlash over a surge in ticket prices during the peak holiday season. PT Garuda Indonesia, Lion Air and PT AirAsia Indonesia are among the carriers which already cut prices from January 11, the Indonesian National Air Carrier …

Bloomberg Britain’s plan for a nuclear revival was thrown into disarray after the second Japanese company in as many months seemed to pull the plug on a new plant. The UK government has put atomic energy at the heart of its effort to attract 100 billion pounds ($130 billion) of investment to upgrade its aging reactors it needs to keep …

Bloomberg India’s oil demand growth in 2018 rebounded from the slowest pace in four years as the country recovered from the shock of a cash ban and the roll out of a national sales tax. The nation’s consumption of petroleum products rose 4.1 percent to about 210 million tonnes, the Oil Ministry’s Petroleum Planning and Analysis Cell said. Growth improved …