BEIRUTH / Reuters The only bidder in Lebanon’s first tender for five offshore energy blocks was a consortium made up of France’s Total, Italy’s ENI and Russia’s Novatek, Minister of Energy and Water Cesar Abi Khalil said. The consortium submitted two bids for block 4 and block 9, Abi Khalil said in a statement on Facebook. Lebanon sits on the ...

Bloomberg Bharti Airtel Ltd. surged the most since in five months after it announced that it had agreed to absorb Tata Group’s mobile-phone business in a “cash-free” transaction shaking up one of the world’s most crowded wireless markets. The stock advanced 7.8 percent to 431.60 rupees, the most since May 10, after India’s largest mobile-phone operator said it will get ...

Bloomberg Jollibee Foods Corp., the fast-food chain that controls more than half of the Philippines’ $4 billion market with its signature fried chicken, is looking for acquisitions to accelerate ambitious expansion plans in the US and China. The targets could be other fast-food chains as well as fast-casual restaurants like Smashburger, the US franchise in which Jollibee owns 40 percent, ...