Bloomberg Renault SA is aiming to restart merger talks with Nissan Motor Co within 12 months as the first step towards the creation of a bigger auto conglomerate that will involve a bid by both companies for Fiat Chrysler Automobiles NV, the Financial Times reported. The creation of a new alliance board led by Renault chairman Jean-Dominique Senard has improved ...

Bloomberg Google-backed Mobvoi is close to securing funding that will value the artificial intelligence startup at more than $1 billion before an initial public offering in China, people familiar with the matter said. The smartwatch and AI software developer is seeking to raise $100 million and plans to list on a proposed board for technology companies on the Shanghai bourse, ...

Bloomberg Embattled Singapore water treatment company Hyflux Ltd’s survival is looking shakier as disagreements with its rescuer deepen. Hyflux said in a filing that it disputes certain assertions by SM Investments, the consortium of Indonesian businessmen that had agreed last year to take a majority stake in the firm. At the same time, SM Investments is disagreeing with some terms ...