Bloomberg Toyota Motor Corp won’t expand further in India due to the country’s high tax regime, a blow for Prime Minister Narendra Modi, who’s trying to lure global companies to offset the deep economic malaise brought on by the coronavirus pandemic. The government keeps taxes on cars and motorbikes so high that companies find it hard to build scale, said ...

Bloomberg Foreign Secretary Dominic Raab has told his officials to work carefully to manage relations with the US and China — and avoid the UK becoming trapped in a new “Cold War” between the two countries. The minister held an internal meeting of British diplomats and officials on September 2 during which he set out his vision for “global Britain” ...

Bloomberg India’s defense minister told parliament on Tuesday the current border tensions with neighbor China were serious and the result of Beijing’s violations of boundary agreements. Rajnath Singh told lawmakers the situation was tense “both in terms of troops involved and number of friction points” but India wanted to pursue dialog for a peaceful resolution of the conflict that has ...