Bloomberg Germany’s ruling coalition agreed on additional measures worth about $16.5 billion to ease the burden on businesses and households from soaring energy costs, including a temporary reduction in fuel prices. Chancellor Olaf Scholz’s government will cut the tax on fuel for three months by 30 euro cents ($0.33) for gasoline and 14 cents for diesel, Finance Minister Christian …

  Bloomberg TotalEnergies SE is working on a plan to develop gas discoveries in South Africa with its partners and the government, according to its managing director in the country. The oil major starting in 2019 has made discoveries of gas and condensate — a light liquid hydrocarbon — offshore the most industrialised nation in Africa. After overcoming strong offshore …

  Bloomberg Airbus SE has tried for years to find a new customer for its bigger jets in India, the world’s fastest growing aviation market before Covid shattered travel. Two of its previous buyers went bankrupt, while another was sold, giving arch rival Boeing Co a firm foothold in the South Asian nation’s market for transcontinental planes. Remi Maillard, the …