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Tesla’s India plant ‘quite likely’: Musk

Bloomberg A Tesla Inc factory to produce cars in India is “quite likely” if the electric automaker can first begin sales with imported vehicles, according to Elon Musk. The California-based car producer is currently lobbying for lower taxes on imports as it considers plans to expand into India, one of the world’s biggest emerging car markets, people with knowledge of ...

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Indonesia to extend restrictions amid rising Covid cases

Bloomberg Indonesia is extending its mobility curbs for another week until August 2 as coronavirus cases remain high following near month-long restrictions. Adjustments are made in order to allow small businesses to operate under strict health protocols, President Joko Widodo said in a briefing broadcast on YouTube. Traditional markets selling staple foods will open as normal, while shops selling non-food ...

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US, China leave room open to talk after contentious meeting

Bloomberg The US and China left open the possibility of a summit between their presidents despite a contentious day of talks between officials from both sides in city of Tianjin. Vice Foreign Minister Xie Feng told visiting Deputy Secretary of State Wendy Sherman during a meeting on Monday that the relationship was “in a stalemate and faces serious difficulties.” Xie ...

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