Bloomberg Justin Trudeau’s federal budget update stirred some anger in Canada’s oil-rich West. Alberta’s Finance Minister Joe Ceci, while welcoming corporate tax breaks announced, said he was disappointed that the urgent need to ease a dramatic crude-shipping glut and price crash wasn’t addressed. The tax changes that will allow businesses to write off capital investments more quickly will help oil ...

Bloomberg The ongoing trade war between China and the US is pushing the Asian powerhouse to sweeten ties with neighbouring India. China’s refiners are considering the purchase of unprecedented amounts of Indian raw sugar, with a delegation visiting the South Asian nation next month to meet mill officials and inspect logistics infrastructure, according to an Indian official. Refiners may buy ...

Bloomberg Billionaire Anil Ambani’s Reliance Communications Ltd. has told India’s top court that its asset sale to Reliance Jio Infocomm Ltd. may not go through if approvals aren’t in place by mid-December, putting at risk planned debt repayments by the distressed company. India’s government has moved the Supreme Court against allowing the sale unless it is given $417 million in ...