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India court allows seizing JPMorgan’s assets in realty case

Bloomberg India’s Supreme Court has allowed the federal anti-money laundering agency to seize assets of JPMorgan Chase & Co’s India unit, if needed, for allegedly violating foreign investment rules, according to a lawyer who was part of the proceedings. The court had in July asked Enforcement Directorate to probe JPMorgan’s role in allegedly helping property developer Amrapali Group divert 1.4 ...

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Renault alliance is here to stay, Nissan says

Bloomberg Nissan Motor Co said it is in no way considering the dissolution of its alliance with Renault SA, which was shaken even further by the dramatic escape of former chairman Carlos Ghosn from trial in Japan. “The alliance is the source of Nissan’s competitiveness,” the Yokohama-based company said in a statement on Tuesday, pushing back against reports that its ...

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Johnson hints he won’t ban Huawei from 5G networks

Bloomberg Boris Johnson suggested his government may be ready to allow Huawei Technologies Co to supply at least some equipment for its 5G broadband networks even in the face of strong pressure for a ban from the US. “The British public deserve to have access to the best possible technology,” Johnson said when asked about Huawei in a BBC TV ...

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