Bloomberg Nissan Motor Co will end vehicle manufacturing at its plant in Indonesia as the struggling Japanese company tries to improve profitability. “The end of vehicle production is part of an optimisation plan that includes rightsising, production optimization and reorganising of business operations,” Isao Sekiguchi, president of PT Nissan Motor Indonesia, said in an emailed statement on Wednesday. Chief Executive ...

Bloomberg CanSino Biologics Inc said it received Chinese regulatory approval to start human trials of a vaccine against the novel coronavirus, another example of a potential weapon against the illness being fast-tracked for testing as the global death toll escalates and nations impose lockdowns on their citizens. The vaccine, co-developed by the Hong Kong-listed company and China’s Academy of Military ...

Bloomberg Indonesia has pledged to boost stimulus efforts aimed at countering the coronavirus crisis by as much $1.8 billion, Finance Minister Sri Mulyani Indrawti said, as the outlook for Southeast Asia’s biggest economy continues to deteriorate. The government is preparing a raft of new measures to support the economy, Indrawti said on Wednesday, including re-allocating as much as 10 trillion ...