Apple Announces $300 Million China Clean Energy Fund

Apple Announces $300 Million China Clean Energy Fund

Apple Inc., expanding its environmental efforts, announced a $300 million fund to promote clean energy in China.
The iPhone maker said it’s creating the fund to boost the use of renewable energy in its supply chain, which is primarily spread across regions in China.

Billionaire Adani Among 400 Bidders for India City-Gas Licenses

Billionaire Adani Among 400 Bidders for India City-Gas Licenses

Billionaire Gautam Adani’s gas retailing unit is among firms that submitted 400 bids for the 86 areas the Indian government offered in its latest auction for city-gas licenses. Adani Gas Ltd. bid for 32 licenses, Chief Executive Officer Rajeev Sharma said Wednesday, while its joint venture with Indian Oil Corp. bid for 20.

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