Bloomberg Japan’s Nikkei 225 Stock Average topped 30,000 yen for the first time since August 1990, as it continued its charge back up through levels not seen since the collapse of the bubble economy. The gauge rises 1.9% to close at 30,084.15 on Monday, amid signs an economic recovery is intact at home and hopes of progress in US stimulus …

Bloomberg Royal Dutch Shell Plc launched arbitration proceedings against the Nigerian government over a long-running community dispute. The oil major’s Netherlands-registered holding company and a Nigerian unit filed a case at the World Bank’s International Centre for Settlement of Investment Disputes, according to the Washington-based organisation’s website. Shell brought its claim against Africa’s biggest crude producer under the bilateral investment …

Bloomberg Vestas Wind Systems A/S will start selling the world’s biggest offshore wind turbine, standing taller than the highest point of the Golden Gate Bridge. The giant machine, that’ll come into use by 2024, will compete with the skyscraper-sized turbines already on sale by its competitors. The industry is racing to produce increasingly larger machines that generate wind power more …