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Tencent’s WeChat abolishes tipping feature on iPhones

  Bloomberg Tencent Holdings Ltd. is shutting down a popular feature on WeChat that allows iPhone users to tip emoji and content creators to comply with Apple Inc.’s policy on in-app purchases. After months of negotiations, Tencent said on its official WeChat account it “regrettably” had to abolish the feature on the instant message service to comply with new terms ...

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Indian firms push to sell $1 billion Masala bonds

  Bloomberg Indian companies are jostling to sell at least $1 billion of Masala bonds in the coming months as Prime Minister Narendra Modi’s resounding victory in state elections boosts investor confidence. More issuers are planning to tap the market as Modi’s majority win is seen emboldening him to take more measures to spur expansion in Asia’s third-largest economy. Foreigners ...

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US Steel Corp seeks to push for China trade probe

  Bloomberg US Steel Corp. will ask a trade agency on Thursday to investigate its claims that rival Chinese manufacturers colluded to fix prices to undercut competitors in the American market on the same day President Donald Trump will order a separate Commerce Department probe of steel imports. Trump will sign a memorandum authorizing a probe under section 232 of ...

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