International News

Bloomberg Adobe Systems Inc., the company best known for Photoshop, has lately been spending its time trying to figure out what makes consumers tick. The software maker has been quietly undertaking a project to help corporate customers automate their marketing efforts, part of an accelerated push into artificial intelligence. Called Perfect Path, the prototype system aims to use massive amounts ...

Bloomberg Time Warner Inc.’s attorneys launched a withering attack on the US government’s evidence that its proposed sale to AT&T Inc. could trigger large subscriber losses for pay-TV rivals and lead to an abuse of leverage in programming deals. On the fifth day of the Justice Department’s antitrust trial to stop the deal, Time Warner said the US’s expert estimates ...

Bloomberg Facebook Inc. is conducting a broad review of all its data practices and taking a much more conservative stance on some policies, moves that could limit advertisers’ ability to target users on the social network, according to people familiar with the matter. As part of the changes that will be rolled out over the next few weeks, Facebook said ...

Bloomberg Starwood Capital Group offered to buy Victoria Park AB in a $1 billion deal that would give the US investment firm a foothold in Sweden’s rented-residential real estate market. The cash offer to shareholders in Victoria Park values the Swedish company at about 8.68 billion kronor, Starwood said in a statement to the stock exchange in Stockholm. Victoria Park ...

Bloomberg Infiniti is recharging its attack on BMW and Audi. The Nissan Motor Co. premium brand wants to use the structural changes enabled by the industry’s shift toward electric and self-driving cars—such as a larger cabin and fewer components under the hood—as a chance to inject a Japanese touch of simplicity and space into its models. That entails a minimalist ...

Bloomberg Hon Hai Precision Industry Co. felt the squeeze from 2017’s delayed launch of Apple Inc.’s iPhone X, the latest results from the world’s largest electronics contract manufacturer show. Were it not for a one-time gain of $2.2-billion from the sale of Sharp shares, analysts say, it would have been the company’s worst holiday quarter since at least 2010. Hon ...

Bloomberg Nissan Motor Co. is looking to triple sales of its low-cost Datsun vehicles by 2022 as the Japanese carmaker seeks to revive an 87-year-old brand it resurrected about five years ago. Growth will mainly come from markets in Africa, Middle East and South Asia, Peyman Kargar, senior vice president at Nissan, said in an interview in Karachi. After Pakistan, ...

Bloomberg Indian conglomerate Adani Enterprises Ltd. will miss its original deadline to start shipping thermal coal from one of the world’s biggest planned mines due to funding difficulties, even as it eyes export deals with Asian companies. The billionaire Gautam Adani-backed company has abandoned a 2020 target date to begin mining coal from the Carmichael project in Australia’s northeastern state ...

Bloomberg A gauge of activity at China’s manufacturers posted its first gain since November, as factories recovered from a seasonal dip at the start of the year and export demand shrugged off threats of a trade war. The manufacturing purchasing managers index rose to 51.5 in March versus the 50.6 estimate in Bloomberg’s survey and 50.3 in February. The non-manufacturing ...

Bloomberg China’s government is working on a plan to combine its two biggest shipbuilders to create an industrial giant that would dwarf its South Korean rivals, according to people with knowledge of the matter. The state council, China’s cabinet, has given its preliminary approval to merge China State Shipbuilding Corp. with China Shipbuilding Industry Corp., the people said, asking not ...