Bloomberg Vitol Group, the world’s biggest independent oil trader, is jumping into the electric-vehicle fleet business. The Rotterdam-based trading house formed a $250 million joint venture with BYD Co, a Chinese EV and battery maker, it said in a statement. The new service will offer electric-car fleet services and charging infrastructure to cities, companies and other organisations. It’s the latest ...

Bloomberg India’s coal power giant NTPC Ltd expects to raise $2 billion through initial public offerings in three units including its renewables business, and the paring of a joint venture stake, according to a company official familiar with the plans. The state-run generator plans to sell shares in NTPC Renewable Energy Ltd within a year, the official said, asking not ...

We’re just six weeks into the Taliban’s second shift as Afghanistan’s rulers, and the picture could not be bleaker. Bodies hang in public squares and women are banned from their jobs. High schools are closed to girls, the women’s ministry has been replaced by the Ministry for the Promotion of Virtue and the Prevention of Vice, while former government officials, ...