Bloomberg India announced incentives worth $131 million as it seeks to double overseas shipments by 2020 amid slowing trade as well as help exporters tide over a chaotic roll out of the new sales tax. The increased benefits for exporters in labour-intensive businesses including textiles and farms is in addition to incentives worth 250 billion rupees already available to traders, ...

Bloomberg European Union finance ministers were expected to discuss US legislation to slash taxes at a meeting in Brussels on Tuesday and whether the new plan violates international trade rules. The centerpiece of the tax bill that passed the US Senate is a reduction in the corporate tax rate to 20 percent from 35 percent. The bill still needs to ...

Bloomberg BMW AG is targeting another ambitious hike in plug-in hybrid and battery car sales next year to defend its position in the electric-car shift as competitors like Volkswagen AG ready their own battery lineups. The planned increase to about 150,000 cars sold would represent a 50 percent rise from this year, and a jump of about two-thirds from last ...