Bloomberg A Chinese investor accused the co-president of Tencent Music Entertainment Group, which could fetch as much as $1.23 billion in an IPO this month, of using lies and threats to get him to sell his stake in a company that eventually became part of China’s largest music-streaming service. The investor made the claim in an arbitration proceeding in China ...

Bloomberg Volkswagen AG is accelerating a push to lower costs and lift profits at its biggest car brand to add financial muscle as the world’s largest automaker pursues a $50 billion technology shift to counter Tesla Inc. To improve profitability after lagging behind mass-market peers for years, the VW nameplate will trim management ranks, slash factory costs and eliminate a ...

Bloomberg Falling exports and a slowdown in spending and investment caused euro-area growth to lose more of its luster in the third quarter, with recent numbers casting doubts over the economy’s potential to rebound. Net trade was the biggest drag on the economy in the period, when growth was the weakest in almost five years. Since then, reports from the ...