Bloomberg Mercedes-Benz, edging past long-time China luxury-car market leader Audi, expects another 2018 to be another bumper year in the world’s biggest auto market as consumer appetite for high-end vehicles like the E-Class sedan shows no signs of slowing. “Significant double-digit growth” is expected for next year after a 28 percent jump in deliveries there this year through November, Hubertus …

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 …