Bloomberg WeWork Cos., the co-working space company that’s among the world’s most valuable startups, is in advanced talks to rent a building in Hong Kong’s popular nightlife district near the city’s business centre, according to people familiar with the matter. The New York-based firm is seeking to rent Hotel LKF by Rhombus on Wyndham Street, said the people, who asked …

Bloomberg The world is leaning less on its biggest economy to sustain the global recovery, according to the International Monetary Fund. The fund left its forecast for global growth unchanged in the latest quarterly update to its World Economic Outlook, released on Monday in Kuala Lumpur. The world economy will expand 3.5 percent this year, up from 3.2 percent in …

Bloomberg BMW AG sought to defuse concerns about possible collusion with other German automakers by rejecting allegations of cheating on diesel emissions and downplaying talks with rivals as being focused on promoting exhaust-treatment technology in Europe. With uncertainty clouding the German auto industry, BMW said it has gone farther than competitors to ensure its diesel cars meet regulatory guidelines while …