India investing $60 billion gas grid to link up nation by 2024

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India investing $60 billion gas grid to link up nation by 2024

NEW DELHI (Reuters) – India, one of the world’s largest consumers of oil and coal, is investing $60 billion to build a national gas grid and import terminals by 2024 in a bid to cut its carbon emissions, the oil minister said on Sunday. FILE PHOTO: India’s Oil …
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Aecom Nears $2.4 Billion Deal to Sell Management Services Unit

Aecom, targeted by activist investor Starboard Value, is nearing a $2.4 billion deal to sell its management services business to a consortium of private
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PayPal Backs Away From Libra

In a surprise move, PayPal (NASDAQ: PYPL) announced that it has decided not to pursue its involvement with Facebook’s (NASDAQ: FB) Libra cryptocurrency project. While it’s the first of the 28 involved companies to leave the group, it might not be the last.
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WeWork Is Said to Be Weighing 2 Financial Rescue Plans

The parent company of WeWork is at a crossroads as it tries to keep itself afloat after its failed initial public offering and the ouster of its longtime chief executive. Directors of the We Company are expected to meet as soon as Monday afternoon to decide on …
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Trump's China Handshake Fails to Lift Economic Gloom

Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The pledges China and the U.S. made to keep
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