Bloomberg China’s love for fast cars is helping Porsche AG see unprecedented demand even while industry sales fall for a fifth straight month. “We will have a very good year in China with sales increase over 10 percent,” Chief Executive Officer Oliver Blume told Bloomberg Television from the Los Angeles auto show. There’s been a very big increase especially for ...

Bloomberg A Hong Kong startup called Oriente raised $105 million as it expands online lending operations in Southeast Asia and develops new products and technologies for markets like Indonesia and the Philippines. Oriente was founded in 2017 by Skype Inc. co-founder Geoffrey Prentice, former Lu.com Chief Operating Officer Hubert Tai, and Lawrence Chu, founder of BlackPine Group. It provides loans, ...

Bloomberg A group of Google employees has signed a public letter calling on the company to abandon its plans for a Chinese search product that censors results. Project Dragonfly, as the initiative is known, would enable state surveillance at a time when the Chinese government is expanding controls over the population, according to the letter signed initially by at least ...