International News

Bloomberg India will again allow shipments of surgical and disposable masks and some gloves, about a week after placing them on a list of banned export items. However, exports of gloves made from nitrile rubber, a synthetic variety generally known as NBR, and masks other than two and three-ply, will continue to be restricted, according to a notification by the ...

Bloomberg Hollywood producers eager to dramatise the life of Carlos Ghosn, the former Nissan Motor Co chairman who staged a cinematic escape from Japan in December, are likely to get a simple response: call my agent. Not just any agent. Ghosn is working with Michael Ovitz, the founder of Creative Artists Agency and former president of Walt Disney Co, to ...

Bloomberg Mahindra & Mahindra Ltd shares headed for their steepest decline in more than a decade after the Indian automaker reported a surprise drop in its December-quarter earnings. The stock tumbled 7.2% to 528.2 rupees at 3:21 pm in Mumbai, set for the steepest fall since August 2009, and the worst performance on the 16-member gauge of automakers. Other companies ...

Bloomberg The coronavirus disease spreading around the world has killed more than 810 people, exceeding the toll from the global outbreak of Sars that started in China almost two decades ago. Less than two months after surfacing in late December in Wuhan, China, cases of the coronavirus have topped 37,000. The fast-spreading disease long ago eclipsed the 8,100 total cases ...

Bloomberg Toyota Motor Corp isn’t letting a global slowdown get in the way of its plans to grow, reporting a higher-than-expected quarterly profitand raising its full-year forecast. Even as a production shutdown in China, the world’s largest car market, has cast a pall over global automakers already struggling to cope with a downshift in demand and rising costs on next-generation ...

Bloomberg Hon Hai Precision Industry Co, Apple Inc’s main iPhone production partner, said its factories worldwide are coordinating with authorities in carrying out virus protection and are preparing safety measures with the approval of local governments. “Our group hasn’t received any client requests to move production resumption earlier,” the company, also known as Foxconn, said in a statement. Operating schedules ...

Bloomberg India and Sri Lanka agreed on Saturday to strengthen cooperation to combat terrorism and boost trade and investment. “India has been a trusted partner in Sri Lanka’s development,” Prime Minister Narendra Modi said a joint briefing after meeting Sri Lankan Prime Minister Mahinda Rajapaksa in New Delhi. New lines of credits announced in November will deepen development and cooperation, ...

Bloomberg Volkswagen AG has postponed the resumption of production at its China joint ventures, in the latest sign of the coronavirus’s impact on economic activity. The carmaker cited limited travel options for its employees and said in a statement that its own supply chains were in the early stages of re-starting after production stopped for national holidays at the end ...

Bloomberg Secretary of State Michael Pompeo delivered a tough warning about China in a speech to US governors, urging caution in business dealings as Beijing looks for ways to exploit US vulnerabilities and expands repression at home. He had a pointed message for certain US state pension funds that may be investing in ways that help China’s government crack down ...

Bloomberg Facebook Inc pledged to improve security protocols to resolve a lawsuit blaming the company for a 2018 data breach that exposed personal data of 29 million users. The company will check more frequently for suspicious patterns of user activity involving access tokens, the key cards that allow users to access their accounts, among other measures outlined in a proposal ...