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Gasoline pinch to grind on for weeks

Bloomberg Drivers encountering fuel shortages in parts of the US East and South may find it takes weeks before supply levels return to normal. Now that Colonial Pipeline Co has resumed deliveries that were halted for nearly a week by a cyberattack, the industry is facing a new logistics problem on top of the lack of available fuel: not enough ...

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Adani Green in advanced talks to acquire SB Energy

Bloomberg Adani Green Energy, majority-owned by Indian billionaire Gautam Adani, is in advanced talks to acquire privately-held SB Energy, according to people familiar with the matter. A deal could value SB Energy, owned by SoftBank Group Corp and Bharti Enterprises, at more than $650 million, said one of the people, who asked not to be identified as the information is ...

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Cash is out as Southeast Asia super-apps bulk up

The rivalry between Southeast Asia’s leading super-apps just got more intense — and more intensely oriented towards fintech. Last month, Singapore’s Grab Holdings Inc said it’s going public in the US through the largest-ever merger with a blank-check company. And now, Indonesia’s Gojek is merging with e-commerce firm PT Tokopedia to create a digital behemoth in the world’s fourth-most-populous nation. ...

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