LONDON / REUTERS Royal Dutch Shell was aware that some of the payments it made to Nigeria for rights to an oilfield under a 2011 deal would go to a company associated with former Nigerian oil minister and convicted money launderer Dan Etete, it said in a statement to Reuters. Shell spokesman Andy Norman said the group “always knew” ...

  Bloomberg Anil Agarwal has sealed the merger of his mining and energy businesses in India, creating a BHP Billiton Ltd.-like resources conglomerate, even as a recent investment in Anglo American Plc raises questions about how far the billionaire’s ambitions stretch. Vedanta Ltd. combined with unit Cairn India Ltd and fixed April 27 as the record date for determining the ...

  Bloomberg ‘Short is sweet’ is the mantra at global banks advising investors on India’s sovereign-debt market. Deutsche Bank AG and Standard Chartered Plc are among lenders favoring front-end notes amid bets that a banking system awash with cash will help keep short-term rates in check, even as rising supply and the central bank’s hawkish tone threaten to push up ...