Benaulim / AFP Indian Prime Minister Narendra Modi and Russian President Vladimir Putin signed lucrative defence and energy pacts on Saturday following talks aimed at reinvigorating ties between the former Cold-War allies. Modi hailed Putin as an “old friend” after their meeting in the Indian state of Goa, where leaders of the other BRICS emerging nations were also gathering for ...

  Bloomberg Orange SA’s Egyptian unit is set to become the country’s second 4G mobile-phone operator after acquiring an airwaves license Thursday, joining the state-controlled landline monopoly Telecom Egypt. Orange Egypt will pay $484 million for 2 x 10 megahertz of 4G spectrum and $11.3 million for a virtual fixed-line license, Jean Marc Harion, chief executive officer of the unit, ...

  Bloomberg The world’s most prominent energy forecaster will raise its outlook for wind and solar installations following a decade of underestimating growth in the renewables industry. The International Energy Agency, which was established as a watchdog of the industry in the wake of the 1973 oil crisis, will “significantly” raise its estimates for renewables when it publishes its annual ...