Bloomberg Australia’s government is keeping the pressure on AGL Energy Ltd. to extend the life of its Liddell coal-fired power station. Energy Minister Josh Frydenberg and Treasury Scott Morrison separately reiterated on Sunday the importance of the Liddell plant continuing to operate past 2022, when the Sydney-based company has said it will close. The government is scheduled to meet AGL ...

Reuters A group of independent Chinese oil refiners is clubbing together to survive an onslaught by state-owned giants and the rise of private chemical giants, but industry analysts said the new alliance may find it hard to stick. Less than two years after becoming some of China’s newest crude oil importers, around 20 independent plants in the eastern industrial heartland ...

Bloomberg Terry Gou, the billionaire behind Apple Inc.’s iPhone factories, is pressing his case to acquire Toshiba Corp.’s memory chips business for $19.5 billion in a last-ditch effort to beat out two American buyout firms in the tumultuous auction. Gou’s Foxconn Technology Group has broad support for its offer from Apple, SoftBank Group Corp. and Sharp Corp. and is ready ...