International News

Bloomberg China’s manufacturing sector improved in September on an uptick in new orders and infrastructure spending, but with the data showing factories still contracting and other indicators pointing to economic weakness, it’s not unalloyed good news for policy makers. The manufacturing purchasing managers’ index rose to 49.8, according to data released by the National Bureau of Statistics on Monday. That’s ...

Bloomberg Poor demand from Indian consumers could dampen the mood during festivals in October, especially for automobile makers and retailers that count on the season for a sales boost, analysts predict. Indians typically buy everything from new cars to shoes for themselves and as gifts during celebrations steeped in religion and tradition. Yet the slowest economic growth in six years, ...

Bloomberg Europe’s relationship with the US has been stretched to the limit by President Donald Trump’s “America First’’ foreign policy. But disputes about aircraft subsidies and auto tariffs coming to a head over the next two months could put the allies in a trade war. And while transatlantic relations have been fraying since Trump came to office more than two ...

Bloomberg Liberty Global Plc Chairman John Malone’s latest move to reshape his European interests is hanging in the balance. The sale of his Swiss business to Sunrise Communications Group AG for 6.3 billion Swiss francs ($6.4 billion) is proving a tough sell for the buyer’s shareholders and the biggest of those, Freenet AG, on Monday rejected management’s latest move to ...

Bloomberg New York City will flirt with record heat on Wednesday when the temperature is set to reach 32 Celsius, just one degree shy of a level that’s only been hit five times on this date in 150 years. If the mercury reaches 90 on October 2, it will tie a record last felt in 1927. The heat is being ...

Bloomberg Europe’s job market is giving some hope to the region’s economic story, which has been dominated by a deepening slump in manufacturing that’s tipped Germany close to recession. Figures showed the euro-area unemployment rate fell to 7.4 percent in August, the lowest in over 11 years. Italy also reported an unexpected drop in its rate to 9.5 percent and ...

Bloomberg The largest Indonesian phone operator said it will wait to see how the spat between US officials and Huawei Technologies Co ends before picking suppliers for 5G wireless equipment. Southeast Asia’s largest market for telecom services is still several years from launching 5G services, allowing PT Telekomunikasi Indonesia time to decide whether to pick Huawei as a supplier, President ...

Bloomberg Vedanta Ltd sought approval from the administration of the southern Indian state of Tamil Nadu to repair its copper smelter as the plant is “crumbling” after being ordered to remain shut for more than a year. The factory’s cooling towers and pipe ducts have collapsed, Pankaj Kumar, chief executive officer of the unit, Sterlite Copper, said in a phone ...

Bloomberg India’s combined fiscal gap, including deficits of states, is seen widening to the highest in about eight years as the government boosts measures to stimulate a slowing economy. The general government deficit is seen at 7.5 percent of gross domestic product in the year to March, according to Fitch Ratings. The combined deficit was around 8 percent in the ...

Bloomberg India’s goal to more than double energy generation from renewable sources is fueling bets that debt offerings from green companies may grow. Adani Green Energy Ltd kicked off a roadshow for a potential dollar bond as Prime Minister Narendra Modi announced the more ambitious plans. Indian alternative-energy firms have sold about $3.4 billion of foreign-currency notes in 2019, after ...