Bloomberg Australia would block any attempt to move BHP Billiton Ltd.’s main sharemarket listing to the UK as proposed by New York-based activist investor Elliott Management Corp., Treasurer Scott Morrison said. “It is unthinkable that any Australian government could allow this original Big Australian to head offshore,” Morrison said in a statement. If BHP implemented Elliott’s proposals, “it may ...

  Bloomberg A surging rupee, rising currency reserves and a comfortable current-account gap could see India’s central bank consider relaxing rules on outward investments, paving the way for domestic companies to step up their shopping abroad, especially in Latin America and Africa. An uptick in overseas acquisitions would help keep a lid on the rupee, which is among the top ...

  Bloomberg Coal India Ltd. may keep production subdued after it fell to the lowest seasonal level in three years as the world’s biggest miner of the fuel seeks to cut inventories. Output in April dropped to the least for the month since 2014, and shipments surpassed production by the biggest volume in records going back almost four years. The ...