Obscure firms have shipped large cargoes of Russian oil this year, with crude often changing hands at sea and carried in old Liberian-flagged vessels, en-route to China and India

US-based investment firm Bain Capital said on Sunday it will bulk the bulk of Adani Capital and Adani Housing for $120m and a liquidity line of $50m. Gaurav Gupta will continue as CEO.

Sanctions imposed recently by the EU and the US Treasury aim to cut the Myanmar military's capacity to access foreign cash and limit its ability to wage war on its citizens

Severe impacts from widespread conflict in Myanmar has led to the shutdown of three Chinese LNG power plants near Kyaukphyu port in Rakhine state, a new report says

Only four of 87 mines sold to companies over the past three years are operating. The rest have yet to get funding, as banks prefer renewable projects, partly because of coal's decreasing viability

India, the world's third biggest oil importer and consumer, currently pays for UAE oil in dollars but is looking to cut transaction costs by eliminating conversions

Experts say any move to cooperate on cutting emissions of methane – a greenhouse gas responsible for roughly 30% of global warming – would be positive

US climate envoy will talk with his Chinese counterpart about issues like reducing methane emissions, limiting coal use, curbing deforestation and helping poor nations address climate change

Tesla has begun talks with the Modi government on plans to build an EV plant in the country that would sell cars locally at an affordable rate and export them across the Indo-Pacific, a source says

China's faster transition to electric vehicles has helped carmakers such as BYD and Great Wall Motor establish a foothold in a sector that Japanese automakers have long dominated

Firms across the globe are scrambling to assess the impact on supply chains from restrictions China announced this week, with a focus on finding alternatives for key components

Alberta Industrial Heartland and the Hong Kong-based private equity firm Can-China Global Resource Fund (CCGRF) have ended their tie-up amid 'big losses' and eroded bilateral ties