BLOOMBERG Iberdrola SA’s ScottishPower unit signed a £1.5 billion ($1.9 billion) deal with Siemens Gamesa to supply wind turbines for an offshore project in a boost for the UK’s stalling renewable-power sector. The deal comes as the UK wind-power industry grapples with cost inflation, rising interest rates and more generous government backing in the US. Developers have warned that cost ...

BLOOMBERG India will hold elections in the populous southern state of Karnataka in May, the results of which will indicate whether the opposition has cut into the popularity of Prime Minister Narendra Modi’s ruling party ahead of general elections next year. Winning Karnataka — the state is home to Bengaluru, India’s IT hub — would energise Rahul Gandhi’s opposition Congress ...

BLOOMBERG Myanmar’s military government dissolved the National League for Democracy (NLD), the pro-democracy party of Aung San Suu Kyi, after it failed to register as a political entity for upcoming elections. The Union Election Commission said 63 political parties, including 50 existing parties, have applied for registration to compete in the general elections the military is planning. The NLD was ...