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Bloomberg Huatai Securities Co., China’s third-largest brokerage by market value, and Bluestar Adisseo Co. are among Chinese companies considering UK listings as authorities prepare a trading link between the two countries, people familiar with the matter said. Huatai, which has a market capitalisation of about $16 billion, has asked investment banks to pitch for a role on a potential sale ...

Bloomberg It would be a “serious mistake” for US President Donald Trump to try to force China to make concessions in the face of high tariffs, according to an editorial in China’s state-run English-language newspaper. “Underestimating China’s resolve to safeguard its legitimate interests, the United States will find its protectionist measures backfiring to harm its own industries and the American ...

Bloomberg Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp. are about to do what many carmakers have been trying to avoid: let Google into the dashboard. The French-Japanese auto alliance announced a technology partnership that will make its vehicles among the first to use Google’s Android operating system in the dashboard, letting Alphabet Inc.’s software control mapping and navigation, ...

Bloomberg One of the biggest legal battles in the technology industry may be entering its final stages. Qualcomm Inc. Chief Executive Officer Steve Mollenkopf said a bitter standoff between the chip maker and Apple Inc. is entering a period when both sides have an increasing incentive to settle. In coming months, the companies will be forced to make their case ...

Bloomberg Germany’s beleaguered car industry faces another regulatory tangle, as the European Union opened a probe into Volkswagen AG, Daimler AG and BMW AG over suspected collusion that could have delayed clean-emissions technology for cars. The investigation, which could lead to heavy fines, focusses on technical talks to develop selective catalytic reduction systems to reduce nitrogen-oxides emissions from diesel cars ...

Bloomberg The European Union outlined ways to bolster the World Trade Organization in a bid to keep US President Donald Trump committed to the global commercial order that America helped shape after World War II. EU Trade Commissioner Cecilia Malmstrom presented a “concept paper” aimed at strengthening WTO rules against trade-distorting subsidies, averting a deadlock in the dispute-settlement system of ...

Bloomberg President Donald Trump’s decision to impose tariffs on an additional $200 billion of imports from China drags the biggest part of the US economy into the thick of the trade war, threatening to deliver a more direct hit to growth. The 10 percent tariffs announced on Monday — which take effect from September 24 and will rise to 25 ...

Bloomberg Abu Dhabi is pushing ahead with an initial public offering for Spanish oil company Cia Espanola de Petroleos SAU, in what could be the largest such deal in a decade. The emirate’s Mubadala Investment Co. will offer a stake of at least 25 percent in Cepsa in the fourth quarter, the state-owned investor said on Monday in a statement. ...

Bloomberg The Trump administration will announce that it’s imposing a 10 percent tariff on $200 billion of Chinese goods, which Beijing has already said it will retaliate against, reports said. The rate is less than half of the 25% level the administration had initially been considering. Still, American consumers could start feeling the cost of the tariffs for everyday goods, ...

Bloomberg The Organization of Petroleum Exporting Countries (Opec) needs to keep working with other oil producers to manage global supplies as demand for crude faces ‘headwinds,’ the head of the organisation said. The historic supply deal between Saudi Arabia, Russia and other producers reached in late 2016 needs to become permanent, Mohammad Barkindo, secretary-general of the Opec, said. Oil demand ...