Bloomberg Business

Top India Court Sets Up Panel to Probe Adani Allegations

India’s top court set up a six-member panel to probe allegations against the Adani Group, after a bombshell report from an American short seller wiped out more than $140 billion off the conglomerate’s market value.

Scholz’s SPD to Start Coalition Negotiations With CDU in Berlin

German Chancellor Olaf Scholz’s Social Democratic Party decided to begin coalition talks in Berlin with the Christian Democrats, a step toward handing over control of the city government following a historic defeat in last month’s election.

Saudi Aramco Inches Closer to Joining Renault-Geely Car Venture

Saudi Aramco signed a letter of intent to potentially acquire a minority stake in Renault SA and Zhejiang Geely Holding Group Co.’s planned combustion-engine venture as the oil behemoth seeks to expand into transport technologies.

India Is Buying Russian Oil Below the Western Price Cap, Officials Say

The Biden administration will continue to discuss India’s purchases of Russian oil with government officials but is satisfied so far that New Delhi is buying the crude well below a western price cap, senior State Department officials told reporters on Wednesday.

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