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China’s private firms still not getting enough credit

China’s new GDP numbers show that the world’s second-biggest economy is growing more slowly than at any time since the early 1990s. Chinese leaders know what they need to do to arrest the slide: pump more credit into private companies, which generate the majority of jobs and growth. The fact that growth isn’t picking up regardless of their efforts would ...

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US antitrust boss is playing kingmaker in T-Mobile deal

Bloomberg Makan Delrahim, the US Justice Department’s antitrust chief, is trying to shape a deal combining T-Mobile US Inc and Sprint Corp that he can pitch as a win for consumers. Here’s how he may do it. If the $26.5 billion deal is approved, it’s likely to include conditions that give satellite TV provider Dish Network Corp enough airwaves, prepaid ...

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Telenor shares drop as stalling revenue growth cuts outlook

Bloomberg Telenor ASA, Norway’s state owned carrier and biggest operator in the Nordic region, slid as much as 4.4 percent after its earnings dropped in the second quarter and it cut its full-year outlook amid increased competition in its key markets. The company posted earnings before interest depreciation and amortisation of 11.1 billion kroner ($1.3 billion), missing an estimate of ...

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