Bloomberg China’s producer prices surged again at close to the quickest pace since 2008 last month, though pulled back slightly from February, suggesting the reflationary boon to industrial profits is set to moderate. Producer price index rose 7.6 percent from a year earlier, versus median estimate of 7.5 percent in Bloomberg survey and 7.8 percent increase in February. Consumer ...

  Bloomberg The previous two times BHP Billiton boss Andrew Mackenzie ran his ruler over the company’s $29 billion oil unit he decided it was still a good fit for the world’s biggest miner. A fresh review following the urging of billionaire activist Paul Singer came up with the same answer. “I’ve asked the question about the fit of petroleum ...

  Bloomberg Qualcomm Inc.’s countersuit against Apple Inc. threatens a relationship that helped both companies rake in billions of dollars as leaders of the smartphone revolution. The acrimony in Apple’s suit and Qualcomm’s response late on Monday raises the prospect of Qualcomm losing a big portion of the revenue it gets from one of its biggest customers. For Apple, it ...