Bloomberg Expansion in India’s dominant services sector weakened in April due to polls, a private survey showed, suggesting a delayed recovery to Asia’s third-largest economy. The Nikkei India services purchasing managers’ index fell to a seven-month low of 51 in April from 52 in the previous month on the back of slower increases in new business. The PMI survey showed ...

Bloomberg Talks between the US and China to resolve their year-long trade standoff appeared to be on life-support on Monday, with Beijing struggling to respond to tweets by President Donald Trump that threaten an escalation of tariffs by the end of the week. China’s foreign ministry said that officials were still planning to travel to the US for the next ...

Bloomberg Norway’s Telenor ASA and Axiata Group Bhd, Malaysia’s biggest wireless carrier, are in talks to combine their Asian telecommunication operations to create a company with 300 million customers in nine countries. The proposed transaction will form an entity with sales of about $13 billion and earnings of about $5.5 billion. Potential “synergies” from the deal would amount to about ...