Bloomberg India’s increased focus on cleaner cooking fuel may open the door for imports of liquefied petroleum gas from the US, according to Facts Global Energy. The world’s second-largest importer of the fuel raised its target for providing free cooking gas connections to the poor by 60 percent to 80 million families, Finance Minister Arun Jaitley said in his budget …

Bloomberg With its money-losing refineries producing the least fuel in 27 years and only a handful of private partnerships announced since Mexico’s energy reforms, sealing a $2.6 billion venture with Mitsui & Co. will come as a relief to Petroleos Mexicanos. Pemex is a few months away from closing an agreement for the project with a group led by Mitsui …

Bloomberg The Bakken shale is roaring back to life, and Kevin Black sees the evidence almost every day as he looks out the window of his blue Ford F-150 pickup truck. The president of Creedence Energy Services, which provides chemicals for oil wells, Black, 29, drives about two hours to Williston, North Dakota, at the heart of the oil-rich formation, …

Bloomberg UK politicians pushing for a post- Brexit trade deal on financial services are trying to stem an exodus of bankers from the City of London. For British banks, the stakes aren’t quite as high. A UK withdrawal with no preferential access to the single market would result in declining tax revenue and the potential loss of 75,000 finance jobs …

Bloomberg A growing number of big US credit-card issuers are deciding they don’t want to finance a falling knife. JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. said they’re halting purchases of Bitcoin and other cryptocurrencies on their credit cards. JPMorgan, enacting the ban, doesn’t want the credit risk associated with the transactions, company spokeswoman Mary Jane …

Bloomberg Deutsche Bank AG Chief Executive Officer John Cryan, seeking to restore morale after massive bonus cuts last year, raised compensation for traders and bankers in 2017. He didn’t get much in return. Trading at Frankfurt-based Deutsche Bank slumped 27 percent in the fourth quarter to 886 million euros ($1 billion), while fees from advising on deals and arranging debt …

Bloomberg After markets closed on her final workday in office, Federal Reserve Chair Janet Yellen delivered a blow to one of the nation’s largest banks: Wells Fargo & Co. won’t be allowed to grow until it cleans up. Fed officials said the San Francisco-based lender’s pattern of consumer abuses and compliance lapses called for an unprecedented sanction. Until Wells Fargo …

Bloomberg The Bank of England will probably raise its economic growth forecasts next week, setting the scene for a potential interest-rate increase within months. In a survey for Bloomberg, all but one of 17 economists see the BOE lifting its 2018 projection, with the predictions for the next two years most likely to be left unchanged. The central bank will …

Bloomberg The long goodbye for Boeing Co.’s iconic 747 jetliner is turning out to be a little premature. The planemaker won a $5.65 billion lifeline for the endangered jumbo as United Parcel Service Inc. exercised options for 14 more of the freighters. The deal came weeks after Delta Air Lines Inc. parked the last of its 747 aircraft, marking the …

Bloomberg Boeing Co. is wooing Embraer SA with a plan to form a commercial-jet venture instead of an outright acquisition, people familiar with the talks said. The two planemakers have made good progress on the framework for a deal, but hurdles remain and the final terms are still being hammered out, said one of the people, who asked not to …