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Grab sees boost after Thai election

Bloomberg Grab hopes Thailand’s upcoming general election will help revive the conversation about legalising ride sharing in the country. Talks about reforming the law can be put back on the table once an elected government is in place, Tarin Thaniyavarn, the head of Grab in Thailand, said. The military government in power since a coup in 2014 has tentatively scheduled ...

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Nissan to recall cars on inspection failures

Bloomberg Nissan Motor Co. is planning to recall 150,000 vehicles in Japan after uncovering more failures in its final vehicle inspection process, dealing another blow to the carmaker whose former Chairman Carlos Ghosn is detained over alleged financial crimes. The new problems include inappropriate tests of steering and brakes, the carmaker said in a statement. Nissan has been under scrutiny ...

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China Copper imports slump for first time as economy slows, trade stalls

Bloomberg China’s monthly copper imports dropped for the first time this year as demand wanes due to slowing growth in the world’s biggest consumer of commodities amid a simmering trade row with the US. Oft cited as a market indicator for economic health, the metal has been under pressure since the summer, threatening to unwind a three-year rally. Goldman Sachs ...

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