Bloomberg India’s economy contracted by the most on record last quarter as the world’s biggest lockdown to stem the coronavirus pandemic brought key industries to a halt and rendered millions of people jobless. Gross domestic product shrinks 23.9% in the three months to June from a year earlier, the Statistics Ministry said in a report on Monday. That’s the sharpest …

Bloomberg Veolia Environnement SA offered 2.9 billion euros ($3.5 billion) for a 29.9% stake in French rival Suez SA, reviving an eight-year-old attempt to create a world leader in waste and water services. Veolia offered to acquire the stake from energy giant Engie SA for 15.50 euros a share in cash, 27% more than where the target closed, Veolia said …

Bloomberg Activist climate investors warned Samsung C&T over its potential involvement in a new coal power plant in Southeast Asia amid mounting global pressure to halt use of the dirtiest fossil fuel. Investment arms of Legal & General Group Plc, the UK’s biggest manager of corporate pension schemes, Norway’s KLP Kapitalforvaltning AS and Helsinki-based Nordea Bank Abp, have urged the …