Bloomberg Gold imports by India surged in April amid falling prices and higher demand ahead of the second-biggest gold-buying day in the Hindu calendar. Inbound shipments grew to 121 tons last month from 52.8 tons a year earlier, according to a person familiar with the data, who asked not to be identified as the information isn’t public. Shipments were higher ...

Bloomberg Luckin Coffee Inc, the ambitious startup that is challenging Starbucks Corp in the race to dominate China’s growing coffee culture, is seeking to raise as much as $510 million in its US initial public offering. The Xiamen-based company said in a filing that it’s planning to sell 30 million American depositary shares for $15 to $17 each. At that ...

Bloomberg Thyssenkrupp AG sees room for reaching an agreement with the European Commission on a planned joint venture with Tata Steel Ltd as “further discussion” with Competition Commissioner Margrethe Vestager is set for next week. “The EU commission has taken the adjustments to the remedies offered by Thyssenkrupp and Tata Steel as an opportunity to conduct another market test,” Peter ...