Bloomberg Daimler AG’s new flagship electric sedan will generate “reasonable” returns right from the start as the vehicle features top-line technology, Chief Executive Officer Ola Kallenius said. The Mercedes EQS, which debuts this week, will produce attractive profits while still lagging the returns of its combustion engine-powered sibling, the S-Class, due to the higher cost of electric-car components, Kallenius said ...

Bloomberg Costa Rica’s president says he’ll bring an end to years of excess government borrowing, even if it hurts his popularity. With just over a year left in office, Carlos Alvarado is fighting to pass spending cuts and tax increases, and narrow the fiscal deficit which brought the country to the brink of crisis two years ago. He’s also pushing ...

Bloomberg The allure of Asian stocks is fading after beating global peers last year. While 2021 began with investors expecting regional stocks to continue leading the global equity rebound as vaccine rollouts gather pace, that conviction now seems to be in short supply owing to a selloff in Chinese shares and concerns over dollar strength. The MSCI Asia Pacific Index ...