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India’s Adani to raise $2.5b from Total green deal

Bloomberg Indian billionaire Gautam Adani is raising $2.5 billion from a deal that includes the sale of a minority stake in his renewables business to French energy giant Total SE, a transaction that may help the tycoon cut group debt. Paris-based Total will acquire 20% of Adani Green Energy Ltd and a board seat as well as a 50% stake ...

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India’s fuel demand makes shaky start

Bloomberg Indian energy demand got off to a shaky start in the new year with sales of transport and cooking fuels over the first two weeks of 2021 declining from a month earlier. The sale of diesel — the country’s most-used fuel and a proxy for economic health — dropped during January 1-15 by 6.6% from the same period in ...

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On day one, Biden can start winning midterms

In a few days, Joe Biden, Chuck Schumer and Nancy Pelosi will take possession of the most coveted prize in US politics: unified control of the federal government. They shouldn’t expect it to last — and they should govern that way. That means moving both aggressively (to get people back to work) and cautiously (to avoid the kind of overreach ...

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