International News

Bloomberg A century ago, Indian Motorcycles were the brand of choice for Japan’s police. They were called “aka-bai” — or red bikes — because of their color. Now, the maker of big American two-wheelers is seeking to recapture some of that glory with a brand relaunch. Recreational vehicle maker Polaris Inc, which makes and sells Indian bikes, is betting that ...

Bloomberg Japan is delaying export approval of a material vital to South Korea’s semiconductor manufacturing industry, Korea’s trade ministry said in a statement, as the trade fight between the neighboring countries shows no signs of abating. The trade ministry issued a statement saying Japan has not approved the export of liquid hydrogen fluoride — a highly purified chemical used to ...

Bloomberg Big tech firms are about to face yet another congressional headache. House Small Business Committee Chairwoman Nydia Velazquez plans to invite Amazon.com Inc, Alphabet Inc’s Google and Facebook Inc to face questions from her committee on how the companies may be damaging the competitive landscape for small businesses. The hearing, which the committee hopes to hold in late October ...

Bloomberg Greggs PLC has defied the decline of the UK’s retail districts with a popular range of cheap pastry products. Now it’s facing a new threat from a possible no-deal Brexit. The largest bakery chain in the UK is preparing to alter its recipes if its supply of perishable ingredients such as lettuce and tomatoes is delayed by a disorderly ...

Bloomberg Airbnb Inc’s long-awaited Wall Street debut is officially earmarked for 2020, but the home-share startup is charting an unconventional path to the public markets. San Francisco-based Airbnb is laying the groundwork for a direct listing rather than an initial public offering, according to people familiar with the matter who asked not to be named discussing private information. Airbnb declined ...

Bloomberg European Union rules require people to actively choose to allow companies to install tracking cookies, judges said in another key ruling on privacy from the EU’s top court. The EU Court of Justice said in a judgment that the placement of cookies requires the active consent of internet users and that “a box checked by default is therefore insufficient.” ...

Bloomberg Nissan Motor Co will consider moving production of its SUVs outside the UK if the country leaves the European Union without a deal, people familiar with the matter said. Manufacturing of the Qashqai SUV could be moved to Spain, while the compact Juke may move to another overseas plant, said the people, who asked not to be identified as ...

Bloomberg India-born billionaire Aloke Lohia’s global acquisition spree for chemical plants was designed to give Thailand-based Indorama Ventures Pcl more pricing power. But Donald Trump’s trade war has spoiled the party and driven its shares to a record slide. Indorama’s operating margin has hovered around 4 percent to 5 percent the past year, the narrowest since late 2015, as a ...

Bloomberg Japan Post Holdings Co’s top executive vowed to restore public confidence in the postal giant, which has been rocked by a scandal over missold insurance. In an interim report, Japan Post said it found about 6,300 cases of insurance sales at post offices that possibly violated the law or company rules. “Customers’ trust has been gravely hurt, and I ...

Bloomberg Indiabulls Housing Finance Ltd suffered the worst decline since its 2013 initial share sale after India’s central bank placed curbs on a lender it plans to acquire, extending Friday’s slide sparked by a court probe into allegations of fraud. The stock crashed as much as 38 percent before closing 34 percent lower at 255.9 rupees, the lowest in five ...