Bloomberg Major oil companies are joining Silicon Valley in backing energy-technology start-ups, a signal that those with the deepest pockets in the industry are casting around for a new strategy. From Royal Dutch Shell Plc to Total SA and Exxon Mobil Corp., the biggest investor-owned oil companies are dribbling money into ventures probing the edge of energy technologies. The investments …

Bloomberg The Philippines is considering potential ways to jointly develop oil and gas resources with China in a disputed part of the South China Sea, according to Foreign Affairs Secretary Alan Peter Cayetano. Any joint ventures would conform to Philippine law and wouldn’t lead to the loss of Philippine territory, Cayetano told a House of Representatives hearing on Tuesday in …

Bloomberg The number of new taxpayers in India more than doubled in the past five months and about $47 billion came back to the banks after the government’s cash ban brought more people into the fold of the formal economy, PM Narendra Modi said. “Black money which was hidden was forced to come to the mainstream,” Modi said in his …