Bloomberg Ford Motor Co. is reversing plans to cede most of its Indian operations to Mahindra & Mahindra Ltd., deciding to pull out of a proposed joint venture and continue its standalone business in the country. The companies agreed to terminate the venture after reassessing in part due to the global coronavirus pandemic, they said. The decision ends a deal ...

Bloomberg Huawei Technologies added Tencent Holdings Ltd.’s games back to its app store after two technologies firms negotiated an agreement. “We will continue to work together to bring better experience and service to Tencent game community,” a spokesperson for Tencent said. The games were removed after Tencent made a “big change” to how the companies work with each other, according ...

Bloomberg Amazon.com Inc. agreed to acquire podcasting company Wondery, as the dominant audiobook purveyor moves to strengthen in another sound-based medium. “This is a pivotal moment to expand the Amazon Music offering beyond music as listener habits evolve,” the Seattle-based retail and media giant said in a statement. Bloomberg News first reported in September that Wondery was exploring a sale, ...

Bloomberg Tesla Inc. is coming to the end of its first year selling China-made cars with a commanding position in world’s biggest electric-vehicle market, but Elon Musk shouldn’t rest on his laurels. While Tesla regularly topped monthly premium EV sales tallies in 2020, helped by the sedans churned out from its multibillion-dollar plant opened to much fanfare in Shanghai last ...

Bloomberg The European Union (EU) and China announced the political approval of an agreement to open the Chinese market further to EU investors, marking a major step in talks that began in 2013. The breakthrough in negotiations on an EU-China investment deal signals the bloc’s determination to focus on economic opportunities in Asia even amid criticism of Beijing’s record on human ...

Bloomberg Boeing Co.’s 737 Max has returned to commercial service in the US, with the first flight since two deadly crashes prompted the longest aircraft grounding in the nation’s history. An American Airlines Group Inc. 737 Max 8 landed at New York’s LaGuardia Airport, arriving slightly ahead of schedule from Miami in the first leg of a round trip. US ...

Bloomberg Apple Inc. lost its copyright claims against a Florida company that makes “virtual iPhones” used by security researchers to test for the vulnerabilities to its system. Apple contended Corellium LLC copied the operating system, graphical user interface and other aspects of the devices without permission. It accused Corellium of acting under the guise of helping discover bugs in the ...

Bloomberg Airbus SE has handed over close to 550 aircraft in 2020, with three days left to pad its total in a year derailed by the Covid-19 pandemic. The European planemaker is nearing the milestone after tallying 477 deliveries through November, the people said, asking not to be named citing confidential information. The figures are unaudited and will be finalised ...

Bloomberg Distributing vaccines around India will pose plenty of logistical headaches given the size of the country, its vast population and number of coronavirus cases, now at more than 10 million. For its part, India’s busiest airport is “completely ready” to handle Covid-19 vaccines, according to Delhi International Airport Ltd. Chief Executive Officer Videh Kumar Jaipuriar, but there could be ...

Bloomberg AirAsia Group Bhd., hit by the coronavirus pandemic that’s decimated passenger demand, is selling its 32.7% stake in AirAsia India Ltd. to its partner Tata Sons Ltd. for about $38 million. The Malaysian low-cost carrier entered into an agreement with Tata Sons, which already owns 51% of the venture, according to an exchange filing. AirAsia Group last month said ...