Bloomberg French Interior Minister Gerard Collomb quit late Tuesday, the second major minister to leave President Emmanuel Macron’s government in three months. Collomb, 71, had already announced he’d step down to return to local politics in his hometown of Lyon, though he’d originally indicated he’d stay in his post until next year. Collomb follows Nicolas Hulot, a popular television presenter ...

Bloomberg SoftBank Corp. has pledged to provide free solar power from its projects in International Solar Alliance (ISA) countries after the developments recoup their initial investments. Chief Executive Officer Masayoshi Son told a conference on Wednesday in New Delhi that power from the projects will be free after the end of the initial 25-year power purchase agreements. The expected life of ...

Bloomberg Oil steadied near the highest level in almost four years as fears of a supply crunch outweighed expectations for an increase in American crude inventories. Futures were trading around $75.50 a barrel in New York, up around 0.4 percent. Supply losses from Iran to Venezuela continued to rattle markets, boosting volatility and driving prices higher. The ongoing outlook for ...