Prepare for the great, but slow, unwinding of a Chinese leviathan. Anbang Insurance Group Co., the bailed-out owner of assets from New York’s Waldorf Astoria hotel to Dutch insurer Vivat NV, is sending out mixed messages. The conglomerate hired bankers at UBS Group AG and China International Capital Corp. to advise on potential divestments, Bloomberg News reported; yet the government ...

Big trucks are all the rage in India, but Tata Motors Ltd.’s fortunes are still riding on a luxury marque that isn’t quite built for the subcontinent’s roads. Medium and heavy-duty commercial vehicles have been the fastest-growing segment of India’s rapidly expanding auto market, with sales up more than 60 percent in May from a year earlier as transport companies ...

Bloomberg The global rally in risk assets that sent US stocks to a 12-week high sputtered on Tuesday, with the S&P 500 struggling to push higher. Treasuries rose while Italian bonds fell. Contracts for the S&P 500 had signalled the underlying gauge would extend gains following its highest finish since mid-March, but momentum faded as the open neared. After a ...