Bloomberg The renewable energy arm of China Resources Power Holdings Co has picked banks including ABC International Holdings Ltd and China International Capital Corp for an initial public offering in Hong Kong, according to people familiar with the matter. The power generation company’s unit is also working with HSBC Holdings Plc and Morgan Stanley on a proposed first-time share ...

  Bloomberg Indian Oil Corp Ltd, the country’s biggest oil refiner and a large user of hydrogen, expects prices of the cleanest form of the fuel to halve after the government scrapped fees on wheeling renewable power across the country. The offer to waive transmission charges on green energy from one state to the other can reduce costs by as ...

  China’s leaders could be forgiven for gloating a little next week, the 50th anniversary of President Richard Nixon’s historic visit to Beijing. Their nation was arguably the biggest winner from Sino-American rapprochement. But it’s in danger of forgetting what made that victory possible. In February 1972, the country on which Nixon bet the equivalent of a geopolitical house was ...