Bloomberg Chinese-owned Key Safety Systems Inc. has emerged as the leading bidder for Takata Corp., the embattled air-bag maker that’s seeking a buyer after causing the biggest safety recall in automotive history. An external committee appointed to spearhead Takata’s restructuring recommends Key Safety, the Tokyo-based supplier said in a statement, adding that no final decision has been made. Key …

  Bloomberg Toyota Motor Corp. and four of its biggest car-making peers are joining oil and gas giants including Royal Dutch Shell Plc and Total SA with plans to invest a combined 10 billion euros ($10.7 billion) in hydrogen-related products within five years. In all, 13 energy, transport and industrial companies are forming a hydrogen council to consult with policy …

  Bloomberg India is planning to allow more foreign investment by relaxing limits in various industries in the year starting April 1 to help regain its lost position as the world’s fastest growing major economy. The government will make it easier for foreign companies to seek approval and could ask ministries to clear investment proposals, Economic Affairs Secretary Shaktikanta Das …