Bloomberg Tokyo Gas Co plans to develop one of Japan’s largest offshore wind projects as the nation looks to a major expansion of the technology to achieve net-zero emissions by 2050. The 600-megawatt facility — about 30 times larger than the nation’s existing capacity — is planned to be built off the coast of Chiba prefecture, east of Tokyo, if ...

Could anyone have doubted that Donald Trump would go out like this? Having lost the election decisively — by 74 votes in the Electoral College, and by 6 million and counting overall — he has availed himself of every imaginable scheme to undermine the vote’s legitimacy and obscure what was plainly a fair and square victory for his opponent, President-elect ...

In the first half of 2020, Europe mounted a bold and swift economic response to the Covid recession. As the second wave of the pandemic triggers a new slowdown, policy makers appear to have lost some of their mojo. Governments are struggling to deal effectively with the health crisis, as they dither between keeping economies open and imposing new restrictions. ...

As Britain draws close to its exit from the European Union, a diminished role for the City of London looks ever more likely. This may be a gradual change, and its potential scale may be debated, but parts of the financial infrastructure built up over decades are ready to hop across the Channel. News that Goldman Sachs Group Inc is ...

As an increasing body of evidence suggests America’s new anti-Covid vaccines are both efficacious and safe, the question of how to distribute those vaccines assumes greater importance. One poll suggests that Americans think healthcare workers, the elderly and people with compromised immune systems should receive vaccines very early. But what to do after that? There is an uncomfortable truth here: ...

Bloomberg Japan and China are racing to build a new type of ultra-fast, levitating train, seeking to demonstrate their mastery over a technology with big export potential. Magnetic levitation, or maglev, trains use powerful magnets to glide along charged tracks at super-fast speeds made possible by the lack of friction. A handful of short distance and experimental maglev trains are ...

DUBAI / WAM India’s farm sector growth will likely be the highest in three years as better-than-normal rain helped farmers to boost output of crops, including rice, sugar cane and soybeans. Agriculture growth in the year that began in April will surpass the 4% level achieved in 2019-20, said Atul Chaturvedi, president of the Solvent Extractors’ Association of India. That ...

Bloomberg Storm Nivar over the Bay of Bengal was expected to turn into a “very severe cyclone” by Wednesday night and may cause widespread damage to crops, mud houses and electricity poles in some southern Indian states. The storm, which is likely to have a sustained wind speed of 120 to 130 kilometres (75-81 miles) per hour, will cross Tamil ...

Bloomberg JD Health International Inc is looking to raise as much as $3.5 billion in its Hong Kong initial public offering in what would be Asia’s biggest health-care listing on record. The healthcare unit of China’s No. 2 e-commerce giant JD.com Inc is selling 381.9 million shares at HK$62.8 to HK$70.58 each, according to terms of the deal obtained by ...

Bloomberg Indian Hotels Co, the luxury hotel chain run by the Tata Group, used the coronavirus-imposed lockdown to see where it could save costs. “This was the historic opportunity to review our fixed and variable costs,” CEO Puneet Chhatwal said. “The industry never experienced such a revenue decline in last 100 years.” The firm, which owns the iconic Taj brand ...