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Bloomberg Jordan is pressing ahead with its first electricity storage project to bolster its expansion in solar and wind generation. The Middle Eastern kingdom expects to sign a contract for a 30-megawatt battery in the third quarter, according to Energy and Mineral Resources Minister Saleh Al Kharabsheh. The project, which was tendered last year, will help ensure the country has ...

Bloomberg The latest Group of Seven (G7) meetings have begun with a focus on Russia’s actions in Ukraine, an issue Canada’s foreign minister knows well. Chrystia Freeland, a lawmaker of Ukrainian descent who is banned from Russia, kicked off the meeting of foreign ministers by hosting them for brunch — waffles, eggs, a cake, served by her children in her ...

Bloomberg India’s opposition parties have vowed to take their controversial bid to initiate an impeachment motion against the country’s chief justice to the Supreme Court. Led by the Congress Party, the opposition alliance vowed to challenge vice president M. Venkaiah Naidu’s decision to reject their motion to impeach Chief Justice Dipak Misra over allegations that he misused his authority to ...

Bloomberg South Africa has sought leave to appeal a court judgment earlier this month over a crucial black-ownership principle in the country’s Mining Charter, the nation’s mining lobby said. The Chamber of Mines has been notified that Mineral Resources Minister Gwede Mantashe and the Department of Mineral Resources filed the application, it said. The High Court in Pretoria on April ...

Bloomberg Fifteen months after Donald Trump’s first travel ban set the in-your-face tone for his presidency, the controversy finally comes before the Supreme Court in a showdown over the limits of the president’s power to control who enters the country. In arguments on Wednesday, the justices for the first time will directly confront the policy, which in its latest version ...

Bloomberg Mario Abdo Benitez, a former senator from the ruling Colorado Party, won Sunday’s presidential election in Paraguay, in a surprisingly narrow victory over the opposition candidate. Abdo Benitez, 46, whose father was the secretary of long-ruling dictator Alfredo Stroessner, had 46.4 percent of the vote, with almost 100 percent of voting stations counted, according to preliminary results from the ...

Bloomberg Moon Jae-in set his mind on South Korea’s presidency nine years ago, when his ailing role model, Nobel Peace Prize-winner Kim Dae-jung, pulled him close and urged him to keep fighting for peace with North Korea. Soon after, Kim, the first South Korean leader to visit Pyongyang, was dead. Moon found himself among a core of acolytes determined to ...

Bloomberg A smartphone in India cost more than $200 just two years ago. Now you can get a decent phone for nothing but a refundable deposit of $23. Data packages are cheap, and a startup company even throws in free voice calls for life. For this, consumers can thank Mukesh Ambani, a 61-year-old petrochemicals titan who is the country’s richest ...

Bloomberg UD Trucks, a Japanese subsidiary of Swedish truckmaker Volvo AB, plans to introduce electric and autonomous trucks within the next two years, joining global rivals in developing driverless technologies to ease a labour shortage. The Japanese company will display autonomous and electric-drive prototypes this year, targeting field and customer trials ahead of the Tokyo Motor Show in 2019, UD ...

Bloomberg Elliott Management Corp., which earlier this month announced it bought about $1 billion in shares of units of Hyundai Motor Group, stepped up its pressure on the South Korean conglomerate by making demands ranging from higher dividends to restructuring the group under a holding company. Elliott’s proposals, which include combining Hyundai Motor Co. with Hyundai Mobis Co. and raising ...