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India extends deadline for solar projects again

Bloomberg India has extended a deadline to submit bids for building solar power equipment factories in the South Asian nation, in another delay to its efforts to boost its nascent domestic manufacturing capacity. The new deadline to submit bids for the tender is September 11 , Solar Energy Corp. of India said on its website Monday. The tender seeks to ...

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Shell appeals tax decision over Australian gas stake

Bloomberg Royal Dutch Shell Plc is appealing a decision by the Australian Taxation Office that has left the company with a bill estimated at A$755 million ($510 million), the Guardian reported. The ATO has been battling with Shell’s local subsidiary for six years regarding tax treatment of its stake in the Browse gas project off the country’s northwest coast, the ...

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Trump says US, China getting close to ‘fair deal for everyone’

Bloomberg US President Donald Trump said trade talks with China are back on after Beijing requested negotiations, easing immediate tensions after a weekend of tit-for-tat tariffs rocked financial markets and fuelled fears that the standoff would drag the global economy into recession. Speaking at the Group of 7 meetings in Biarritz, France, Trump said US officials received two “very productive” ...

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