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China holds military exercises around Taiwan

BLOOMBERG China held a second day of military drills around Taiwan, with multiple exercises involving aircraft and ships, after the island’s president, Tsai Ing-wen, returned from a visit to the US. Taiwan’s Defense Ministry said in a statement that it detected 58 aircraft from China’s People’s Liberation Army (PLA) and nine warships near Taiwan as of midday, with 31 of ...

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Russia formally charges US reporter with spying

BLOOMBERG Russia has formally charged Wall Street Journal (WSJ) correspondent Evan Gershkovich with spying, Russian state media reported, citing people familiar with the case. The reported charges by Russia’s Federal Security Service (FSB), come more than a week after the US citizen was detained during a reporting trip to Ekaterinburg in Russia’s Ural Mountains region. Gershkovich has denied the changes, ...

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Tesla cuts prices of all models for second time this year

BLOOMBERG Tesla Inc marked down all of its vehicles again in the US after price tweaks throughout the first quarter yielded an incremental sales gain. The company discounted each version of its higher-volume Model 3 and Y electric vehicles by at least $1,000, and versions of its costlier Model S and X vehicles by $5,000. It also introduced a new ...

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