Bloomberg Indian billionaire Gautam Adani is raising $2.5 billion from a deal that includes the sale of a minority stake in his renewables business to French energy giant Total SE, a transaction that may help the tycoon cut group debt. Paris-based Total will acquire 20% of Adani Green Energy Ltd and a board seat as well as a 50% stake …

Bloomberg Indian energy demand got off to a shaky start in the new year with sales of transport and cooking fuels over the first two weeks of 2021 declining from a month earlier. The sale of diesel — the country’s most-used fuel and a proxy for economic health — dropped during January 1-15 by 6.6% from the same period in …

Bloomberg Canada’s Alimentation Couche-Tard Inc and France’s Carrefour SA abandoned talks on a proposed $20 billion merger following stiff opposition from the French finance minister, and will look instead at forming a looser alliance. The companies will now consider how to work together on fuel purchases, branding and distribution where their networks overlap, the companies said in a joint statement. …