Bloomberg Indian Energy Exchange (IEX) is in talks with strategic investors to sell a minority stake in its fledgling gas unit. The largest electricity trading platform in India may sell as much as 49% in the venture in a series of deals, Rajiv Srivastava, chief executive officer of IEX said in an interview. The first accord may be signed in ...

Moments after becoming president on August 9, 1974, Gerald Ford said, “Our long national nightmare is over.” Having served a quarter-century in Congress, he understood that presidents are to “take care” that laws produced by the first branch of government are “faithfully executed.” The nation in 1974 was eager for a collegial respite from the gladiatorial strife that had consumed ...

Europe has the motivation, but not the means, to break up Big Tech. For the US, the inverse is true. That’s bad news for anyone hoping for a full regulatory reckoning with Silicon Valley’s and Seattle’s giants over their monopolistic tendencies. Washington lawmakers see their job as protecting the consumer first and foremost, while Brussels wants to make sure other ...