Five years ago, in a routine display of trash talking, Tesla Inc.’s Elon Musk made a now infamous quip about how hard it is to manufacture automobiles. “Cars are very complex compared to phones or smartwatches,’’ he told German newspaper Handelsblatt. “You can’t just go to a supplier like Foxconn and say: Build me a car.” He may be proven ...

Bloomberg US equity-index futures gained on Wednesday as China took steps to contain the spread of a deadly virus that had rattled international markets. Treasuries and the dollar were steady. Contracts on the three main American equity indexes all rose, with Netflix Inc and International Business Machines Corp climbing in the premarket as traders digested their earnings. The Stoxx Europe ...

Bloomberg Southeast Asian companies seeking to list in Hong Kong may be better off staying at home as investors in the financial hub continue to avoid small-cap stocks. Initial public offerings from Southeast Asian companies in Hong Kong are generally tiny. The average deal size of such IPOs last year stood at just $15.3 million, according to data compiled by ...