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Ross optimistic US-China trade deal by Nov

Bloomberg US Commerce Secretary Wilbur Ross met with Chinese Premier Li Keqiang at a regional summit in Bangkok, a person familiar with the discussion said. The meeting came hours after Ross told a morning business forum that the US was “very far along” with “Phase One” of a trade deal with China. President Donald Trump told reporters at the White ...

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Indian tycoon Piramal to exit Shriram Captial

Bloomberg Jay Piramal said he plans to resign as chairman of Shriram Capital Ltd, the Indian non-bank finance company backed by South Africa’s Sanlam Group, as he works to sell his stake in Shriram’s parent group. “I will step down in due course as I do not have much role in Shriram Capital,” Piramal said in a recent interview in ...

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Singapore bans electric scooters on sidewalks

Bloomberg Singapore banned electric scooters from footpaths after a string of injuries from collisions with pedestrians. Starting from October 5, the city-state’s government will fine riders on footpaths as much as S$2,000 ($1,474) or jail them for three months, or both, Senior Minister of State for Transport Lam Pin Min said. Electric scooters have become a popular option in a ...

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