Bloomberg India’s Tata Motors Ltd., owner of luxury car brand Jaguar Land Rover, is raising funds from the international syndicated loan markets after a gap of almost two years in a bid to lock in one of the lowest borrowing costs for a non-investment grade borrower. Tata Motors is marketing a 640 million-pound facility at 104 basis points more than ...

Bloomberg With their anxiety spiraling over Brexit, Britain’s business leaders weren’t impressed by the pitch from the Conservative premier— or the Labour leader who wants her job. “The way that they’re managing the economy right now, the Conservative Party is a shambles,” Advanced Computer Software Group Chief Executive Officer Gordon Wilson said in an interview. As for opposition leader Jeremy ...

Bloomberg BMW AG lost ground to global luxury-car leader Mercedes-Benz as profits from carmaking fell while the euro’s gains prompted the manufacturer to reduce its forecast for automotive revenue. Amid increased spending to refresh and expand its car lineup, BMW is now predicting a “slight” gain in 2017 auto revenue, compared with its previous forecast for a “solid” increase, the ...