Bloomberg India’s Vikram Solar Ltd is planning to invest 54.32 billion rupees ($726 million) to make solar energy equipment in the South Asian country, which is encouraging domestic manufacturing to reduce imports. The company will build a factory in the southern Tamil Nadu province, the state government said. The 3-gigawatt plant, expected to be completed in five years, will make ...

Bloomberg BP Plc has placed some personnel from its Singapore-based crude oil team on leave after they were mentioned in court documents filed in disputes between banks and other trading houses, said people with knowledge of the company’s move. Three members of the trading staff and one manager were placed on leave late last week as internal investigations are being ...

After months of hype, the world finally has human trial data from a front-running vaccine collaboration between the University of Oxford and AstraZeneca Plc. Spoiler alert, it’s good news. The data, published in The Lancet , showed that the vaccine produced an encouraging immune response. Just as crucially, perhaps, no significant safety issues emerged. Investors took these developments as a ...