Bloomberg Indian companies are jostling to sell at least $1 billion of Masala bonds in the coming months as Prime Minister Narendra Modi’s resounding victory in state elections boosts investor confidence. More issuers are planning to tap the market as Modi’s majority win is seen emboldening him to take more measures to spur expansion in Asia’s third-largest economy. Foreigners ...

  Bloomberg US Steel Corp. will ask a trade agency on Thursday to investigate its claims that rival Chinese manufacturers colluded to fix prices to undercut competitors in the American market on the same day President Donald Trump will order a separate Commerce Department probe of steel imports. Trump will sign a memorandum authorizing a probe under section 232 of ...

  Bloomberg Qualcomm Inc., the biggest maker of chips used in mobile phones, said a push into new markets such as automotive and connected devices bolstered sales in the second quarter, helping relieve concerns that growth will be hurt by legal challenges in its licensing business. Adjusted sales and profit topped analysts’ estimates in the period that ended in March. ...