Bloomberg Plummeting costs for renewable energy in Australia may tilt the government towards scrapping subsidies designed to encourage use of the technology. A sharp decline in the cost of solar and wind power has raised the prospect of ending the incentives as renewables are now able to compete or even beat fossil fuels. That may give Prime Minister Malcolm Turnbull ...

Bloomberg Nigeria’s state oil company said it wasn’t obliged by law to refer contracts to Petroleum Minister of State Emmanuel Kachikwu for review or approval, dismissing allegations it made at least $24 billion worth of deals without following due process. “The law and the rules do not require a review or discussion with the Minister of State or the NNPC ...

Bloomberg India is reviving attempts to overhaul its half-century-old direct tax laws as it looks to increase the share of collections from the lowest in a decade. Prime Minister Narendra Modi’s government is working to ensure that tax payers don’t need to submit multiple returns and have quicker options of redress should a dispute arise, said people familiar with the ...