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El Nino arriving too late to hurt India’s monsoon

  Bloomberg India’s monsoon may escape the effects of a possible El Nino event that can bring dry weather to the world’s top cotton grower and second-biggest wheat and sugar producer. “Mostly it may not have any impact on rains” because the El Nino probably won’t develop until later this year, said D.S. Pai, head of the long-range forecasting division ...

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China’s rebounding producer prices a window to cut capacity

  Bloomberg The tailwind from surging factory prices is strengthening corporate profits and supporting growth, opening a window for China to deepen cuts in excess industrial capacity without inflicting too much damage on the broader economy. The catch: that window may not stay open for long. That’s because factory prices — forecast to have increased 7.7 percent in February from ...

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Fiat mulls to shift Panda manufacturing to Poland

  Bloomberg Fiat Chrysler Automobiles NV is considering shifting manufacturing of its Panda city car to low-wage Poland to create production space for more upscale models in Italy, according to people familiar with the matter, as earnings pressure on European automakers mounts amid stalling growth. Carmakers fighting for customers at the Geneva International Motor Show this week are aware that ...

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