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Bloomberg Sunrun Inc., the largest US residential-solar company, is seeking about $500 million to fund more rooftop-power systems, according to people familiar with the company’s plans. South African bank Investec Plc is leading the five-year deal, according to the people, who declined to comment because they weren’t authorized to speak publicly. The funds would refinance and expand an existing credit ...

Bloomberg Short-selling is creeping back into the oil market as fears increase that the US will be awash with oil again. Hedge funds boosted bets on falling West Texas Intermediate crude prices by the most this year after American production surged to record levels. While OPEC this week reaffirmed its commitment to rebalancing the market, US fields are forecast to ...

Bloomberg A shudder reverberated through the global technology sector as the Trump administration considers tariffs on Chinese imports including consumer electronics. Under the most severe scenario being weighed, the US could impose tariffs on a wide range of Chinese imports from shoes and clothing to tech gadgets, said two people familiar with the matter, who asked not to be identified ...

Bloomberg The Supra is back, and it’s more than a halo car for Toyota Motor Corp. It’s a statement of intent. President Akio Toyoda is resurrecting Toyota’s most iconic sports car after a 16-year break to get customers excited about gripping a steering wheel at a time when the industry races towards self-driving cars. Six years in development, Asia’s biggest ...

Bloomberg Billionaire Anand Mahindra, chairman of India’s largest SUV maker, can’t understand why Indian markets seem perturbed by the threat of a global tariff war. “Small, export focussed countries stand to lose. Countries with large domestic economies can easily withstand tariff threats,” Mahindra tweeted. As President Donald Trump’s steel tariff prompts concern about retaliation and a trade war, the head ...

Bloomberg Tata Sons Ltd. is seeking an offshore syndicated loan, as it seeks to pay down expensive debt at telecommunications units, according to people familiar with the matter. The holding company for India’s biggest business group has mandated lenders for a $1.5 billion six-year loan, the people familiar said this week. Tata Sons plans to use the proceeds to repay ...

Bloomberg China’s speedy approval of what will probably be one of its biggest IPOs in history has all the markings of a perfect marriage. Foxconn Industrial Internet Co., a maker of smartphones, cloud computing equipment and robots, is preparing to list in Shanghai just as the government seeks to revive the nation’s equity market with shiny new tech companies. The ...

Bloomberg Jaguar Land Rover owner Tata Motors Ltd. had just about 200 women on the shop floor three years ago. Now, it has 10 times that number and is looking to hire more. In socially conservative India, that may be a tall order. Better educated women from wealthier families aren’t encouraged to work and it’s usually when a man’s salary ...

Bloomberg UK engineer GKN Plc agreed to sell its automotive unit to US-based Dana Inc. in a $6.1 billion transaction aimed at repelling a hostile takeover from investment group Melrose Industries Plc. GKN shareholders would get stock in the new group valued at $3.5 billion, plus $1.6 billion of cash, and Dana would assume $1 billion of pension debt, the ...

Bloomberg The UK refused to rule out seeking its own exemption from US steel tariffs, risking a legal dispute with the European Union that could sour Brexit talks. EU officials are pressing President Donald Trump to exclude the bloc from the border charges he slapped on foreign steel and aluminum this week. The UK saidthat it’s working with its EU ...