US case against Indian billionaire looks to be backed by documents that would help prosecutors, but they may struggle to get witnesses from India and help from Delhi, legal experts say
Trafigura attributed the majority of debts owed by its counterparty in the country, Lex Oil, but its own internal probe is ongoing to try to locate around $500 million.
China may seek to buy US food and energy in a trade deal with Trump to avoid new tariffs, but cutting the flow of fentanyl may also be a factor, analysts say
Indian clean energy firms will only be allowed to use locally-made solar cells from approved companies in state projects from June 2026, the government has said
The US continues to impose sanctions on foreign companies for crimes, such as a mass cyberattack described as potentially deadly, plus Burmese firms aiding the Myanmar military's bombing of civilians
The companies, which have set up a 50/50 joint venture, said they will invest $4.33 billion in a factory in Zaragoza. They expect to start making batteries by the end of 2026.
The country's top EV maker has gained a greater share of the global auto market and now looks poised to top its 4-million worldwide sales target – and overtake Ford and Honda
Exports of plug-in hybrids and conventional hybrids accounted for 18% of China's total vehicle sales to Europe. That was double their 9% share in the first quarter.
US carmaker says it will record non-cash charges of more than $5 billion on its joint venture with SAIC in China, one for the rejig of operations, and another on its reduced value
Malaysian trade minister says he has told many Chinese businesses not to invest in the country if they only want to rebadge their products there to avoid US tariffs
The national government has approved a 1,500km rail link from Hanoi in the north to Ho Chi Minh City in the south, which is tipped to start in 2027 and be completed by 2035
Critics said a handful of oil producers fought efforts at UN talks in Korea to cut plastic production and were only willing to act on plastic waste