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It’s tit-for-tat as US, China trade war deepens

Bloomberg The trade war between the world’s two biggest economies is taking on a life of its own. When President Donald Trump first threatened to slap tariffs on Chinese goods in March to punish Beijing for stealing American intellectual property, trade experts warned the two nations risked slipping into a downward spiral of tit-for-tat trade actions. The global economy now ...

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Kraft Heinz narrowing list of bidders in $1 billion India sale

Bloomberg Kraft Heinz Co. has narrowed the list of bidders for a portfolio of Indian businesses it’s selling that includes the children’s milk drink Complan, people with knowledge of the matter said. Tata Group, India’s biggest conglomerate, and Dabur India Ltd., the $11.3 billion consumer-goods company, are among suitors selected for the second round of bidding, according to the people. ...

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Senators slam Google over ‘China search engine’

Bloomberg A group of Republican and Democratic senators slammed Alphabet Inc.’s Google over reports it is developing a censored version of its search engine for the Chinese market. China critic Senator Marco Rubio, a Florida Republican, was joined by five other lawmakers on a letter to Google CEO Sundar Pichai demanding answers about the proposed “Dragonfly” search engine. “If true, ...

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