Bloomberg The car industry is witnessing one of its biggest disruptions since Karl Benz assembled the first automobile more than a century ago, and Li Shufu wants to play an active part in the revolution. The founder and chairman of Zhejiang Geely Holding Group Co. has become the top shareholder in Daimler AG, the German company that traces its roots ...

Bloomberg Go East, expatriates looking to make the big bucks. Mumbai, India’s financial, commercial and entertainment capital, tops global rankings for expat salaries, according to a survey conducted by HSBC Bank International Ltd. Foreigners moving to the subcontinent’s most populous city reported average annual earnings of $217,165. That’s more than double the global expat average of $99,903, the HSBC Expat ...

Bloomberg Hinduja Group India Ltd., owned by the billionaire Hinduja brothers, is considering buying a majority stake in state-owned MauBank Ltd. of Mauritius, according to two people with knowledge of the matter. Selling control of MauBank would enable the Mauritian government to recoup some of the money its used to bail out the lender. The state has spent $182 million ...