Bloomberg India is inching towards a major milestone: opening its $1 trillion government bond market to more international investors, one of the most ambitious attempts to attract foreign inflows since the country liberalised its economy three decades ago. Policy makers have spent months preparing to join global indexes, key benchmarks that increasingly determine how large asset managers allocate their …

  Bloomberg China put a record number of solar panels on rooftops last year as growth in residential areas outpaced installations on solar farms. A total of 53 gigawatts of solar capacity was built in 2021, close to the all-time high set in 2017, with more than half coming from rooftop installations, according to the National Energy Administration (NEA). China …

  Bloomberg India’s largest electricity producer is stepping up a campaign of coal imports as the nation seeks to avoid a new power crunch. State-run NTPC Ltd. has sought about 10 million tons of overseas coal since it issued its first international tender in two years in October, according to documents posted on its website. The reversal after years of …

  Bloomberg Italy’s government is readying as much as 4 billion euros ($4.5 billion) to offer immediate help to consumers hit by energy prices, while it works on a wide range of longer term measures, people familiar with the matter said. The aid won’t require parliament to authorize fresh debt, and can rely instead on other revenue streams such as …

  Bloomberg Japan’s liquefied natural gas (LNG) inventories slumped to a seven-month low as colder weather increased demand and Europe hoarded shipments of the super-chilled fuel. LNG shipments — particularly those exported from US projects — are rerouting from Asia to Europe to take advantage of more attractive prices. That’s leaving less supply for Asian importers, and the cargoes that are …

  Bloomberg The UK government will probably wait until March to announce measures to help consumers facing record bills amid the nation’s worst energy crisis in decades. Chancellor Rishi Sunak is due to give an outlook for the economy and public finances in his Spring Statement on March 23. It would be “unusual” for any aid to be announced by …

  Bloomberg UK retail sales plummeted in December as the spread of the Omicron variant kept shoppers at home. The volume of goods sold in stores and online fell 3.7% from November, the biggest drop since January 2021’s lockdown, the Office for National Statistics said Friday. Economists had expected a decrease of 0.6%. Sales excluding auto fuel declined 3.6%. The …

  Bloomberg An estimated 62% of the US aviation fleet is approved to perform low-visibility landings at most airports without fear of interference from 5G mobile phone service, according to aviation regulators. New safety buffers agreed to on Tuesday by wireless companies also allowed an expansion to the number of airports where flights can safely operate, the Federal Aviation Administration …

  Bloomberg American Airlines Inc. is suing the Points Guy travel site for letting frequent flyers manage their miles outside the carrier’s own website. The airline accused the Points Guy of violating its trademark as well as privacy rules associated with its AAdvantage loyalty program. It asked the federal court in Fort Worth, Texas, for an order stripping all American …

  Bloomberg Qantas Airways Ltd applied to end a pre-pandemic agreement with cabin crew as it seeks more flexibility on rostering to recover from the Covid crisis, a move unions said jeopardizes salaries and working conditions. Qantas said it has asked Australia’s Fair Work Commission to terminate its agreement with long-haul cabin crew after a proposal for a new four-year …