Bloomberg Solar tariffs in India remained at record lows in the country’s largest federal auction of 3 gigawatts of projects, according to state-run Solar Energy Corp. of India. Acme Solar Holdings Ltd. won 600 megawatts of projects at the lowest tariff of 2.44 rupees a kilowatt-hour, the record low hit last May and then again in an auction earlier this ...

Bloomberg Oil companies operating in the central US want oil to average $69 a barrel before they’ll substantially expand drilling, according to the Federal Reserve Bank of Kansas City. That’s up from $56 a year earlier, according to a survey of firms released by the Kansas City Fed, which serves all or parts of seven states from Nebraska to New ...

Bloomberg US and North Korean officials met on Sunday to discuss the return of remains of American soldiers killed almost seven decades ago during the Korean War, with the talks offering a chance to ease tensions between the two sides as they argue over disarmament issues. The meeting began around 10 am Seoul time at the border village of Panmunjom, ...

Bloomberg President Donald Trump said he may ask Vladimir Putin to extradite 12 Russian intelligence agents indicted for hacking Democratic email accounts during the 2016 campaign, and said he has “low expectations” for his summit on Monday with the Russian leader. “I go in with low expectations,” Trump said in excerpts of an interview with CBS News released. “I’m not ...

Bloomberg A brittle calm took hold in the Gaza Strip and southern Israel on Sunday after the Palestinian enclave’s Hamas rulers and another powerful militant faction reported that efforts had succeeded to end a weekend of escalating violence. Hazem Qassem, a Hamas spokesman, said in an emailed statement that regional and international mediators crafted an agreement that led to a ...

Bloomberg UK Prime Minister Theresa May said US President Donald Trump advised her to be litigious in dealing with the European Union on Brexit. “He told me I should sue the EU,” May told BBC. “Sue the EU, not go into negotiations, sue them.” In an interview given before arriving in the UK, Trump criticised May for the way she ...

Bloomberg Italy has called on other European Union nations to take some of the 450 migrants aboard two ships in the Mediterranean after the country’s interior ministry refused to allow them to come ashore. “I expect facts and not words, concrete action,” said Matteo Salvini, who leads the anti-immigration League party and is both interior minister and a deputy prime ...

Bloomberg The Nasdaq 100 is at a record, stocks have just strung together two straight weeks of gains and one of the best earnings seasons in a decade is at hand. Bears vanquished? Not entirely. While benchmark measures of volatility are as calm as they’ve been in five months, among individual stocks anxiety is running high. It’s showing up in ...

Bloomberg The Japanese stock market got an extra lift around 10:30 am on July 12 in Tokyo. China had started trading, and it had opened higher. But that was a rare lucky day for investors who got used to losses this year, with the Topix index becoming one of the worst performers among developed-market gauges. As the US-China trade conflict ...

Bloomberg Fortis Healthcare Ltd.’s board of directors chose IHH Healthcare Bhd. to take control of India’s second-largest hospital chain, ending a months-long takeover battle as the company wrestles with investigations over financial irregularities. Malaysia-based IHH’s offer would see $583 million invested directly in the company through a preferential allotment of shares at 170 rupees a share, according to a statement ...