Bloomberg Paul Manafort said he can’t be ready for a July 25 trial in Alexandria, Virginia, on bank fraud and tax charges because the judge in his separate money-laundering case in Washington put him in a jail two hours away from his lawyers’ offices. Manafort, President Donald Trump’s former campaign chairman, asked the judge in Virginia to delay the trial ...

Donald Trump is trying to take on the single most globalised industry — and China. But the world’s largest car market won’t budge. Beijing reduced duties on autos on July 1, just before the imposition of US tariffs on $34 billion of Chinese goods. China’s carmakers, like its consumers, are the least vulnerable to exte- rnal forces compared with counterparts ...

A big Asian player has been left out of a flurry of media and entertainment mergers. Japan’s Sony Pictures, a key unit of the revitalised Sony Corp, is unlikely to be sold under Kenichiro Yoshida. But the new CEO will owe shareholders an explanation if dealmaking heats up. As Comcast Corp looks to beat Walt Disney Co’s $71.3 billion offer ...