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Tesla opens Chinese plant as era of real competition begins

Bloomberg Tesla Inc kicked off production in China, marking a major step in Chief Executive Officer Elon Musk’s global push for electric-vehicle domination and heralding what could be the dawn of real competition in the world’s largest EV market. Musk presided over a ceremony on Tuesday at a new multibillion-dollar plant near Shanghai — its first outside the US — ...

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Japanese prosecutors obtain arrest warrant against Carole Ghosn

Bloomberg Japanese prosecutors have obtained an arrest warrant for Carole Ghosn, the wife of Carlos Ghosn, the latest move by the country to contain the fallout from the former auto executive’s daring escape from trial a week ago. Prosecutors issued a statement announcing the warrant on Tuesday. The action means Carole, who is now in Lebanon with Ghosn, could be ...

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Duterte offers new deals to water providers

Bloomberg Philippine President Rodrigo Duterte is giving Manila water providers the option of accepting new contracts written by the government — or see the state take over in areas where they operate. Duterte decided to offer new agreements to Manila Water Co and Maynilad Water Services Inc after being presented with legal options on the water contracts at a Monday ...

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