Bloomberg India’s Andhra Pradesh has asked developers of all renewable energy projects in the southern state to cut the price of green power and disregard existing contracts, according to people with knowledge of the matter. The state’s power utility sent letters to developers including Goldman Sachs Group-backed ReNew Power Ltd, Greenko Group, Mytrah Energy Ltd, and Acme Cleantech Solutions Pvt, ...

Bloomberg China is calling on its people to reduce their intake of edible oils, sugar and salt as part of a nationwide campaign to minimise health risks. The country is the world’s top consumer of soybean oil, processed from imported beans, and the biggest user of sugar after India. The nation is targeting daily consumption of oils no higher than ...

Bloomberg SAIC Motor Corp expects annual sales to fall for the first time in at least 14 years as China’s biggest automaker battles through a slump in demand roiling the world’s largest car market, according to people familiar with the matter. The Shanghai-based company, Volkswagen AG and General Motors Co’s biggest auto-making partner in China, projects 2019 sales will fall ...