Bloomberg Indian billionaire Mukesh Ambani’s Reliance Industries Ltd. is considering selling as much as 25 percent of its refinery business in a deal that could fetch at least $10 billion, people with knowledge of the matter said. Reliance is sounding out potential investors including state-owned Saudi Arabian Oil Co (Aramco) to gauge the interest, according to the people, who asked …

Bloomberg Almost 15 months into the job, and the boss of South Africa’s state-owned electricity company is getting to grips with issues spanning corruption to defective power plants that threatened to collapse the grid. “The days of surprises are over,” Eskom Holdings SOC Ltd. CEO Phakamani Hadebe said in an interview. “We just have to speed up the process of …

Bloomberg Angela Merkel will leave Brexit worries by the shoreline as she cuts the opening ribbon on a giant wind farm out in the Baltic Sea, a move that will do little to gloss over her tarnished reputation as Germany’s climate chancellor. The Arkona wind park, a joint venture of utility EON SE and Norway’s oil and gas giant Equinor …