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Chinese auto supplier to buy Grammer

Bloomberg Ningbo Jifeng Auto Parts Co. affiliates are in talks to buy out partner Grammer AG in a possible deal that could value the German maker of vehicle seats at about 750 million euros ($872 million). Grammer stock rose the most in nine years. The German manufacturer received an indicative proposal of 60 euros a share, Amberg-based Grammer said in ...

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Monsoon arrives early in Kerala, to help crops

Bloomberg The southwest monsoon, which waters more than half of India’s farmland, arrived on the mainland ahead of its normal schedule. The monsoon reached the southern state of Kerala on Tuesday, according to a statement on the India Meteorological Department’s website. The department had accurately predicted an onset date of May 29 for the June-September rainy season, which typically starts ...

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China considers more US coal imports to cut deficit

Bloomberg China is considering a plan to buy more American coal as part of an effort to narrow its trade deficit with the US, according to people with knowledge of the matter. Chinese officials are currently looking at boosting purchases from West Virginia in particular, said the people, who asked not to be identified because they’re not authorised to speak ...

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