International News

Bloomberg Google Chief Executive Officer Sundar Pichai, whose company drew the ire of senators for failing to send a top executive to a hearing earlier this month, has agreed to appear at another session on Capitol Hill. Pichai had a round of visits in Washington on Thursday and Friday, meeting with lawmakers and the White House’s top economic adviser. “This ...

Bloomberg Mass-market carmakers like Peugeot have a recurring nightmare: Their vehicles being relegated to transport hardware while apps provide the value that consumers care about. To counter this scenario, Peugeot is trying to prove that style will still matter with a show car that resembles the classic 504 Coupe from 1969. While the styling is retro, the technology is futuristic ...

Bloomberg Facebook Inc. said it discovered a security breach earlier this week that affected almost 50 million accounts the latest in a series of missteps that are undermining confidence in the company’s social network and business model. The social-media network said in a statement that it has fixed the breach, which allowed hackers to take over people’s accounts. Law enforcement ...

Bloomberg President Donald Trump’s trade war with China could hurt tourism from that country to the US, and Chinese travellers are already starting to favor other destinations, such as Europe, according to Marriott International Inc. Chief Executive Officer Arne Sorenson. The trade battle has had “little” impact on Marriott’s business so far, Sorenson said in an interview on Bloomberg Television. ...

Bloomberg The Trump administration and Canada are making a renewed push to keep Nafta a trilateral accord, prompting the US and Mexico to postpone publishing a text of their two-way trade deal Friday, Mexican Economy Minister Ildefonso Guajardo said. Mexico earlier in the day said it was planning to release a more complete draft of its preliminary trade agreement with ...

Bloomberg US health officials are trying to increase the rate of flu vaccinations this year after a severe outbreak last season killed a record number of children and led to spot shortages of antiviral medications like Tamiflu. In a panel hosted by the National Foundation for Infectious Diseases and the Centers for Disease Control and Prevention in Washington, US Surgeon ...

Bloomberg KKR & Co. and Blackstone Group LP are among suitors that have expressed interest in acquiring a stake in Shriram Group, the Indian finance conglomerate backed by billionaire Ajay Piramal, people with knowledge of the matter said. The two private equity firms have each held preliminary talks in recent months about buying stakes in Chennai-based Shriram Group owned by ...

Bloomberg Chinese electronics giant TCL Corp. is weighing a bid for ASM International NV’s remaining stake in its listed Asian affiliate, as the Dutch semiconductor-equipment maker faces pressure from activist investors, people familiar with the matter said. TCL has been working with an adviser to explore making an offer for the 25 percent stake in Hong Kong-listed ASM Pacific Technology ...

Bloomberg Tencent Holdings Ltd. is turning into a serious drag for emerging-market investors. The stock has tumbled 18 percent since June, its worst performance relative to an index of global technology companies since it started trading in 2004. The biggest stock in Asia — and one which 48 analysts recommend buying — extended its decline even as the MSCI World ...

Bloomberg India’s Infibeam Avenues Ltd. lost 71 percent of its market value on a single day after a WhatsApp message circulating among traders raised concerns about the online iPhone and iPad retailer’s accounting practices. Speculation mounted before a shareholder meeting on Saturday after a message attributed to brokerage Equirus Securities Pvt. began to be distributed on WhatsApp, said Bhavin Mehta, ...