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BYD loses US$270mn electric bus order

  Bloomberg BYD Co said a Chinese bus operator canceled a major portion of a 1.8 billion yuan (US$270 million) order for electric buses after adjusting its traffic capacity. Shenzhen Western Bus Co. terminated an order for 2,228 electric buses, out of a total of 2,919 vehicles, after awarding the tender to a BYD unit, the automaker said in a ...

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Pokemon Go developer plans wider debut soon

  Bloomberg  Pokemon Go’s global rollout is being held back by the unexpected popularity of the game, which has shot to the top of download charts since it debuted less than a week ago. Niantic Inc, which developed Pokemon Go with Nintendo Co and Pokemon Co, is working to boost server capacity in order to keep up with data traffic ...

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US treasury chief Lew set for Apple tax showdown with EU

  Bloomberg U.S. Treasury Secretary Jacob J. Lew is set to meet with European Union antitrust chief Margrethe Vestager this week as she prepares to deliver a final verdict on a probe into Apple Inc.’s tax affairs in Ireland. The showdown comes days after Vestager’s team came up with two possible scenarios on how much tax Apple owes in Ireland, ...

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