Bloomberg The European Union (EU) imposed five-year tariffs on biodiesel from Indonesia to counter alleged subsidies to producers in country, a move that could prompt the Indonesian government to retaliate. The EU duties on Indonesian exporters of this type of biofuel, which is made from vegetable oils and animal fats for use in diesel engines, range from 8% to 18%, …

Bloomberg The euro may take pundits by surprise next year by climbing faster than expected. The common currency is seen rising to $1.12 by March before a steady ascent to $1.16 by the end of 2020, up from around $1.1065 now, according to a Bloomberg survey. Yet some analysts could be underestimating the prospects for fiscal stimulus, a growing chorus …

Bloomberg Yes Bank Ltd is likely to reject an offer that made up more than half of its planned $2 billion capital raising, and is talking to institutional investors about making up the shortfall, according to a person familiar with the matter. At a meeting, the board is expected to reject an offer from Canada’s Erwin Singh Braich and Hong …