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French unions keep pressure on Macron with new protests

Bloomberg Labor unions have called for marches and protests across France as they seek to maintain momentum in their month-long opposition to President Emmanuel Macron’s reform of the pension system. Protesters planned to gather at the Gare du Nord station in Paris to start one of the marches, while the CGT union’s railroad branch said they will block a train ...

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Tesla all set to deliver first China-built car on Monday

Bloomberg Tesla Inc will start delivering China-built cars on Monday, a major milestone for Elon Musk’s company as it expands in the world’s largest electric-vehicle market. The first 15 units of Model 3 sedans assembled at Tesla’s new multi-billion-dollar Shanghai plant — its first outside the US — will be delivered to company employees on December 30, capping several months ...

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Billionaire Ambani’s retail unit valued at $34b in share swap

Bloomberg A stock swap offer to help shareholders of billionaire Mukesh Ambani’s unlisted retail business monetise their investment has valued the unit at $34 billion. Share owners in Reliance Retail Ltd can exchange four shares for one of its listed parent Reliance Industries Ltd, according to a so-called scheme of arrangement posted on the group’s website. With Reliance’s market capitalization ...

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