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Chinese startup NIO undercuts Tesla with $67,783 debut model

Bloomberg Chinese electric-car maker NIO has launched sales of its first vehicle three years after the company was founded, undercutting the price of a rival model from Tesla Inc. Chinese customers can buy the ES8 sports utility vehicle, with a range of 500 kilometres on a single charge, for 448,000 yuan ($67,783), the company said in Beijing. That compares with ...

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India’s silver imports may keep rising

Bloomberg Silver imports by India, one of the world’s top buyers, may keep rising next year after bouncing back this year from a four-year low in 2016, boosted by weak prices. Overseas purchases are estimated at as high as 5,500 metric tons in 2017 and may rise to about 6,000 tons next year, surging from 3,000 tons in 2016, according ...

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Samsung plans S9 launch in February

Bloomberg Samsung Electronics Co. is said to be planning to debut its next flagship smartphone in February, presenting Apple Inc.’s iPhone X with a sooner-than-expected challenger. The South Korea-based technology giant plans to introduce the new models, the Galaxy S9 and Galaxy S9 Plus, as early as late February and release the devices as early as March, according to people ...

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