Bloomberg The Group of 20 economies reiterated a pledge to use all policy tools to help boost confidence and growth, while stepping up an emphasis on fiscal and structural measures rather than pumping additional monetary stimulus. “The global economic recovery continues but remains weaker than desirable,” finance ministers and central bank governors from the world’s top developed and emerging ...

  Bloomberg Vedanta Ltd sweetened the deal for Cairn India Ltd shareholders by increasing the number of preference shares four times to salvage a deal which would help create a natural-resources group to compete with BHP Billiton Ltd. and Vale SA. Vedanta will offer minority shareholders of Cairn India one equity share and four redeemable-preference shares with a face value ...

  Bloomberg Flooding in China’s northern Hebei province has killed 105 people and led to direct losses of 15.4 billion yuan (US$2.3 billion) to the economy, the local government said on Saturday. About 307,300 people were evacuated and 104 are missing, according to a statement from Hebei’s government. Water supply in the provincial capital Shijiazhuang has been disrupted due to ...