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India to fill gap left by US exports to China

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Bloomberg India has drawn a list of goods it can export to China, replacing US exports that have become costlier in light of the trade spat between the world’s two biggest economies, according to a person with knowledge of the matter. The South Asian nation has identified more than 40 products, including fresh grapes, cotton linters, flue-cured tobacco and alloy ...

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Meituan Dianping draws Tencent to $4 billion-plus IPO

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Bloomberg Meituan Dianping, the Chinese restaurant review and delivery giant, has started gauging investor demand for a planned Hong Kong initial public offering, people with knowledge of the matter said. A stock offering from the company could raise more than $4 billion, said one of the people, who asked not to be identified because the details are private. Chinese social ...

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US northeast set to sweat with high temperatures

Bloomberg Cities ranging from Boston to New York and Washington are set to swelter through Thursday as high heat and humidity combine to make 95-degree temperatures feel as if they’re 100 degrees Fahrenheit or more, boosting energy demand to cool homes and businesses. A large area of high pressure has parked across the eastern US, bringing in a typical summer ...

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