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India’s rising virus cases risk denting economic recovery

Bloomberg A surge in coronavirus cases in India could hurt the economy’s recovery from a rare recession, as curbs to avoid a new wave creates delays in putting millions who lost their jobs to the pandemic back to work. “There is a restless urgency in the air in India to resume high growth, and incoming data point to even contact-intensive ...

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Ghosn accomplices charged with helping ex-chairman escape

Bloomberg Japanese prosecutors on Monday formally charged two Americans with aiding in the escape of former Nissan Motor Co. Chairman Carlos Ghosn, who fled trial in Japan over a year ago. Michael Taylor, 60, and Peter Taylor, 28, helped Ghosn illegally leave Japan in December 2019, where he was facing charges of financial misconduct, prosecutors said in a statement on ...

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Alipay rolls out investment advisory platform in China

Bloomberg Ant Group Co. created an investment advisory platform on its Alipay app, allowing companies that offer robo adviser services to reach its 1 billion users. Five Chinese asset management companies debuted on the platform known as Tougu Guanjia, which means investment advisory manager. Users will be able to choose robo advisory services from the platform that functions like a ...

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