Bloomberg China’s new plan to slash import taxes on a wide range of consumer goods promises to boost the prospects of multinationals in the Chinese market, with everything from the likes of Procter & Gamble Co.’s diapers to other items becoming more affordable to local consumers. Tariffs for 187 product categories will drop from an average 17.3 percent to 7.7 ...

Bloomberg Uber Technologies Inc. asked the UK Supreme Court to rule on its appeal over whether it has to pay drivers for overtime and during vacations. Lawyers for the company filed a permission to appeal application that would see the issues skip the Court of Appeal entirely, an Uber spokesman said. Uber has lost at two separate courts in the ...

Bloomberg A high-stakes legal clash is unfolding over President Trump’s temporary pick to run Elizabeth Warren’s favourite bank regulator, and the White House is holding its ground. Trump said he’s naming White House budget director Mick Mulvaney to be the temporary head of the Consumer Financial Protection Bureau (CFPB). The announcement came hours after outgoing CFPB Director Richard Cordray said ...