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Bloomberg Top Indian government officials are debating whether to set a goal to zero out its greenhouse gas emissions by mid-century, an ambitious target that would require overhauling its coal-dependent economy. Officials close to Prime Minister Narendra Modi are working with senior bureaucrats and foreign advisers to consider ways to meet the 2050 deadline, according to people familiar with the ...

Bloomberg Gazprom will export natural gas to Armenia via Azerbaijan for the first time in almost three decades as former Soviet neighbours work to reopen communication links following last year’s war. The Russian gas giant’s export arm signed a short-term transit deal with Azeri state energy firm Socar, both firms said. Azerbaijan’s pipeline will be needed as the link that ...

Bloomberg NRG Energy Inc. withdrew an earlier full-year profit forecast and said it expects a $750 million loss due to the brutal cold snap that froze Texas and led to sweeping blackouts across the state. “Based on new information available to us, we are unable to provide financial guidance due to the unprecedented and unpredictable market outcomes resulting from winter ...

In the 1990s, a Republican explained to me why “the Democrat party” was his preferred term for the opposition: “They’re no more democratic than we are.” Nowadays that is very much a subject of dispute. In recent years, and especially in recent months, progressives have increasingly become convinced that the Republican Party is a threat to democracy; that hostility to ...

Economic recoveries are supposed to be a time of celebration for investors, and the recovery from Covid-19 now underway should be no different. The economy is growing again; business activity is picking up; deflation is a distant threat; cheap money is goosing the recovery; and stocks are surging on hopes of higher profits. And yet, rather than cheer their good ...

It’s a big week for central bank meetings, with the US Federal Reserve on Wednesday, the Bank of England Thursday and the Bank of Japan wrapping it up on Friday. My plea is that they keep it simple. Central bank messaging really doesn’t have to be as difficult as it has become lately — with a plethora of jargon-infected initiatives ...

Sir Robert Peel, the father of modern policing and London’s first proper police force, said that policing succeeds when it prevents crime while gaining the public’s trust and partnership. Last week, the Met Police, as London’s force is known, failed on both counts. As perhaps the world knows by now, Sarah Everard was abducted and killed in south London despite ...

Bloomberg US airlines rallied as improved summer leisure bookings and rising fares offered strong signs of a recovery a year after Americans began staying close to home. Sales over the past three weeks have been the best since the coronavirus pandemic began, American Airlines Group Inc. said, while United Airlines Holdings Inc. said high demand for spring and summer travel ...

Bloomberg Sun Country Airlines Holdings Inc. priced its initial public offering (IPO) above range at $24 a share to raise about $218 million as it looks for a rebound in leisure travel. Minneapolis-based Sun Country sold about 9.1 million shares, according to a statement confirming an earlier Bloomberg News report. The company had marketed the shares for $21 and $23, ...

Bloomberg Fashion designer Brandon Maxwell has dressed Lady Gaga, Michelle Obama and Meghan Markle. Soon, Walmart Inc. shoppers can wear his styles, too. The world’s largest retailer hired Maxwell as the first-ever creative director for its Scoop and Free Assembly fashion brands, it said in a statement. Maxwell, 36, will oversee four seasonal collections a year for the two labels, ...