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A shade of Evergrande in UK’s energy crisis

Barely a week goes by without a UK electricity and gas supplier being toppled by soaring commodity prices. Millions of British customers face an unsettling wait to learn if their power provider will survive, who’ll take over their contract, and whether their energy bills will increase. Britain’s energy regulator Ofgem — the Office of Gas and Electricity Management — has ...

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Will the US Supreme Court bail out Trump?

Will the Supreme Court save the Republican Party from Donald Trump? Congress is finally starting to pick up the pace of its investigations into the events of January 6, and more broadly into the efforts by then-president Trump to subvert the 2020 election. A Senate committee has reported in detail on Trump’s efforts to improperly influence the Justice Department, and ...

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Tata wins control of Air India again with $2.4 billion offer

Bloomberg Tata Sons Pvt was selected as the winning bidder for India’s flag carrier, ending decades of attempts to privatise a money-losing and debt-laden airline, and potentially ending years of taxpayer-bailouts that’s kept the company alive. Tata Sons, which originally launched Air India Ltd with a namesake branding in 1932, bid 180 billion rupees ($2.4 billion) as an enterprise value ...

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