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Bloomberg Investors will be hoping the US and China can put trade talks back on the road to a deal after President Donald Trump said he’s unlikely to meet President Xi Jinping before a March 1 deadline to avert higher American tariffs on Chinese goods. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are leading a group of administration ...

Bloomberg A Malaysian vessel and a Greek-registered bulk carrier collided in Singapore territorial waters off Tuas on Saturday, according to a statement from the Maritime and Port Authority of Singapore, which said it was “deeply concerned” by the intrusion. Malaysia’s Ministry of Foreign Affairs said that the Greek vessel and its crew have been detained, the Straits Times reported. The ...

Bloomberg Former Malaysian leader Najib Razak isn’t lying low ahead of his trial this week for graft and embezzlement, as he increasingly takes to social media to poke fun at the current government and attempts to shore up support after being ostracised by his own party. Crisp, tailored suits have recently made way for hoodies and khakis in photos of ...

Bloomberg Encounters with wild elephants have been responsible for more than 1,700 deaths in India over the last four years, prompting the government to step up measures to minimise potential clashes with humans. Between 2015 and 2018, the government paid out about 2.26 billion rupees in compensation for loss of life and damage to crops and property as a result ...

Bloomberg Australian investors are set to receive a boost in dividend payouts this month as companies rush to avoid a looming overhaul of tax rules if there’s a change of government. The main opposition Labor party, which is favorite to win elections expected in May, is pledging to tighten so-called franking rules, under which shareholders reduce their overall tax liability. ...

Bloomberg Indonesia is set to make halal labeling mandatory for consumer products and services this year with the government assuming greater control of the certifying process from the Muslim-majority nation’s Islamic cleric council. Issuing halal certificates to consumer goods from shampoos to toothpaste and cosmetics may net the government about 22.5 trillion rupiah ($1.6 billion) in annual revenue, said Sukoso, ...

Bloomberg Europe’s push to scrap use of coal as a power generation fuel could make Fortum Oyj think twice before launching a bid for a full takeover of Uniper SE, one of the continent’s biggest burners of the dirtiest fossil fuel. Fortum, which owns a 49.99 percent stake in Uniper, said it had ended its long-running feud with the German ...

Bloomberg The UK cancelled a 13.8 million pound ($18 million) contract with Seaborne Freight, a startup company that doesn’t own any ships, to deliver backup ferry service in the event of a no-deal Brexit. Lawmakers had criticized the contract award. The deal was scrapped when “it became clear Seaborne would not reach its contractual requirements with the government,” the Department ...

Bloomberg Alector Inc. raised $176 million in the first US initial public offering without a fixed share price since the government shutdown all but froze the market. The biotechnology company said in a statement that it sold 9.25 million shares at $19 each, the midpoint of the marketed range of $18 to $20. The share sale gives the company a ...

Bloomberg Amazon.com Inc managers have weighed alternatives to locating a corporate campus in New York City after local officials opposed the plan, according to people with knowledge of the matter. Some people involved in the planning for Amazon’s East Coast expansion have discussed whether to pare back the New York plans, said the people, who asked not to be identified ...