International News

Bloomberg Apple Inc must persuade a US trade judge that iPhones containing Intel Corp chips should be allowed into the country, even if they infringe a Qualcomm Inc patent. That’s the challenge facing the world’s largest publicly-traded company, laid out in a US International Trade Commission hearing in Washington, part of a long-running legal battle between Apple and Qualcomm. Staff ...

Bloomberg Time Warner will get a new name under new owner AT&T Inc.: WarnerMedia. The business, which includes HBO, Turner Broadcasting and the Warner Bros. studio, was christened with the moniker in an internal memo obtained by Bloom-berg. As part of the changes, Turner Chief Executive Off-icer John Martin will be leaving the company — a widely expected move. AT&T ...

Bloomberg US factory production fell in May by the most since January 2014, weighed down by fewer truck assemblies and still consistent with a steady outlook for manufacturing, Federal Reserve data showed. Factory output fell 0.7% (est. unchanged) after rising an upwardly revised 0.6%. Total industrial production, which also includes mines and utilities, decreased 0.1% (est. 0.2% rise) after an ...

Bloomberg Rupert Murdoch and the 21st Century Fox Inc. board will consider on Wednesday how to proceed with Comcast Corp.’s $65 billion bid for the company’s entertainment assets, people with knowledge of the matter said. The Fox board, which agreed to sell the assets to Walt Disney Co. last year, must decide whether Comcast’s proposal has a reasonable chance of ...

Bloomberg A slew of companies have sprung up to make the smarts, sensors and other integral systems for self-driving cars. Here comes one to tell these cars where to go. Startup RideOS said that it has raised $9 million led by venture firm Sequoia Capital and reached a partnership with a division of Ford Motor Co. Started by two former ...

Bloomberg Toyota Motor Corp. is making the largest ever bet by an automaker on ride hailing as it embraces new businesses that threaten to disrupt the industry’s traditional model of vehicle ownership. The world’s most profitable car manufacturer is investing $1 billion in Singapore’s Grab Holdings Inc., valuing Southeast Asia’s largest car-hailing service at just over $10 billion, according to ...

Bloomberg Sun Pharmaceutical Industries Ltd. shares extended a rally after US regulators lifted sanctions on a key plant, clearing the way for India’s biggest drugmaker to renew product launches from the facility after a two and a half year ban. The US Food and Drug Administration has closed its inspection of the Halol plant after the issues contained in a ...

Bloomberg Global trade faces greater uncertainty and there’s a risk progress that’s been made on commerce may unravel because of dispute between China and the US, Singapore Deputy Prime Minister Tharman Shanmugaratnam said. The relationship between the world’s two largest economies will be the most important in defining the future of global economics and trade, Shanmugaratnam said at a briefing ...

Bloomberg Copper imports by India are about to rise fourfold as the shuttering of a huge smelter in the south of the country slashes local supply at a time when demand is starting to accelerate, according to Care Ratings Ltd. Overseas purchases of refined metal are set to climb to 170,000 metric tons in the year through March from about ...

Bloomberg In 2016, Geoffrey See was jolted awake on a flight run by North Korea’s national carrier as smoke swirled through the cabin. Passengers sensed that the aircraft was descending rapidly, yet their panic was met with preternatural calm by a crew who insisted nothing was amiss. The travellers sat in white-knuckled fear as the plane made an emergency landing. ...