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  Bloomberg The International Energy Agency will help support Indian Prime Minister Narendra Modi’s goal to spread solar power to more developing nations, especially those clustered around the Equator. Fatih Birol, executive director of the Paris-based agency that oversees energy policy in industrial nations, said he’s working to encourage financial institutions to support Modi’s program, which was launched at United ...

  Bloomberg China’s official factory gauge climbed to the highest in almost five years, the latest evidence of increasing momentum in the world’s second-largest economy. The manufacturing purchasing managers index increased to 51.8 in March, compared with economist estimates that it would match the November reading of 51.7. The non-manufacturing PMI rose to a two-year high of 55.1 from 54.2 ...

  President Trump has been trying since early this month to deflect the FBI and congressional investigations of Russian covert action by asserting that he had been a victim of improper US surveillance. His argument got little traction until last week, when Rep. Devin Nunes, R-Calif., made the case for him. Nunes declared that intelligence about Trump associates had been ...

  Just as Britain’s prime minister began proceedings to exit the European Union, lawmakers in India approved the creation of an economic zone that’s been 17 years in the making. A nationwide goods and services tax (GST) would, as early as 1 July, change the way your hotel bill in Mumbai reads. Mine, from a business trip earlier this month, ...

  South Africa’s ruling African National Congress has a choice: It can help President Jacob Zuma, or it can help the country. Its survival as a respected national force depends on doing the latter. Support for the ANC has fallen amid charges of corruption and incompetence. Now Zuma is embroiled in a struggle with his finance minister, Pravin Gordhan, and ...

  Israeli Cabinet approved first Jewish settlement in West bank in 20 years, the latest blow to any peace prospect in Middle East. United Nations Secretary-General Antonio Guterres was alarmed by Israel’s decision to build a new settlement. Guterres has consistently stressed that there was no Plan B for Israelis and Palestinians to live together in peace and security. Israel ...

  The Senate’s coming confirmation of Neil Gorsuch will improve the Supreme Court, and Democrats’ incontinent opposition to him will inadvertently improve the Senate — if Republicans are provoked to thoroughly reform the filibuster. If eight Democrats will not join the 52 Republicans in providing 60 votes to end debate and bring Gorsuch’s nomination to a vote, Republicans should go ...

  Xiaomi Corp. is going to double down on India. Literally. Chairman and CEO Lei Jun sat down with Bloomberg’s Saritha Rai and Jason Gale in Bangalore this week to explain how he plans to resume rapid growth. The Chinese smartphone maker will spend $500 million in the country over the next three to five years, after spending a similar ...

  President Donald Trump is poised to sign legislation to overturn Federal Communications Commission rules forbidding internet service providers from selling data they have vacuumed up about the online habits of their customers. Privacy groups are understandably perturbed. But I wonder whether all the brouhaha is just shouting at the horse to come back long after he’s left the barn. ...

  Bloomberg The UK is trying to kill a planned European Union rule for foreign banks that will become crucial for its own lenders after Brexit. Teaming up with Luxembourg, a host for many foreign banks’ EU units, London declared its opposition to plans to force banks from outside the bloc to consolidate their activities under a single entity, according ...