Bloomberg Daimler AG said future collaboration with its new largest shareholder Li Shufu will hinge on keeping the manufacturer’s existing Chinese partner on board. Li, whose holdings include Sweden’s Volvo cars and China’s Geely brands, emerged with a 9.7 percent holding in the world’s biggest luxury carmaker. The Chinese billionaire held initial talks with Daimler Chief Executive Dieter Zetsche, discussing ...

Bloomberg Australian Minister for Trade and Investment Steven Ciobo denied that Australia struck a security agreement with the US to get exempted from tariffs on steel and aluminum announced by President Donald Trump. “Ultimately, we have a very healthy trade and investment relationship with the United States, especially the type that President Trump likes, and off the back of that ...

Bloomberg Renault SA is deepening a partnership with Alibaba Group Holding Ltd. to boost sales in China, a market the French carmaker is counting on as the biggest growth pillar in the coming years. As part of Renault’s push, Chinese consumers will be able to buy the company’s cars online through Alibaba’s Tmall service, Francois Provost, head of the automaker’s ...