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Germany’s Russian gas fix raises alarm in Merkel’s backyard

Bloomberg Hidden by pine forests near the deserted site of what was once East Germany’s biggest nuclear reactor, two shiny pipelines emerge from the Baltic Sea to mark the spot where Chancellor Angela Merkel is trying to secure the country’s energy future. Not far from the Hanseatic town of Greifswald — an area Merkel represents in parliament — the chancellor ...

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Slowing inflation restrains India’s robust growth record

Bloomberg India’s economy is struggling to recover its strong growth record, beset by record low inflation, a widening output gap, and short term uncertainty from the introduction of a uniform sales tax. That will build pressure on the Reserve Bank of India to jettison its neutral monetary policy bias adopted just five months ago, setting the scene for lowering interest ...

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Samsung plans $18bn of new investments in chip production

Bloomberg Samsung Electronics Co., the world’s biggest maker of memory chips, announced 20.4 trillion won ($18 billion) of new investments to expand semiconductor output in South Korea. After spending 15.6 trillion won on its Pyeongtaek plant south of Seoul, total investment in the facility will rise to 30 trillion won by 2021, it said in an statement on Tuesday. The ...

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