Topic: Bloomberg wire

Abu Dhabi National Oil Company intends to store 5.86 million barrels of crude at the Ratnagiri refinery. India is targeting support from both Saudi Aramco and Adnoc for the $44 billion Ratnagiri project.

Facebook Dating may not be such a bad idea considering the existential questions the company is facing about its purpose in life. But making...

Walmart Inc., the world’s largest retailer, could be forced to publicly list its newly acquired Indian e-commerce company, Flipkart Group, within four years at the request of a small minority of Flipkart shareholders, a public filing shows.

CITIC, China’s first state-owned investment corporation, has proposed taking a 70 percent stake in the project, with the remainder split between the Myanmar government and a consortium of local firms. The Chinese company would run the zone for up to 75 years and would finance Myanmar’s stake.

Nilesh Shah says Karnataka polls will impact national elections in 2019. But hard to predict if India will re-elect majority govt.

While the number of fraud cases has halved over the five years through March 2018, the amount involved has tripled, culminating in the record...

With the price of crude up about 18 percent this year and now trading at the highest since 2014, exporters of the fuel get to enjoy a windfall while consuming nations get hurt.

With 6,360 stores from Argentina to Zambia, Walmart forgets that era of aggressive flag-planting is long over. This year its shares are down.

Masayoshi Son’s early reveal of a Walmart Inc. deal on Wednesday isn’t the first accidental M&A announcement. But it might be the biggest. Softbank Group...

Considering the fact that Walmart has failed to build up its own Indian business in 11 years, the deal represents a second-best outcome at most.  Walmart...