Bloomberg Elon Musk picked a glitzy event in Germany, a few hours’ drive from the birthplace of the internal combustion engine, to drop the news before some of the world’s biggest car bosses: Tesla Inc plans to set up shop in their backyard. The billionaire chief executive officer announced that Tesla will round out its global manufacturing network with a ...

Bloomberg India is considering changes to its dividend distribution tax, according to people with knowledge of the matter, in a bid to goad companies to boost spending and revive foreign fund inflows. The budget statement due in February may include a proposal to tax dividends once they are paid to shareholders, rather than the current system where the company pays ...

Bloomberg India’s headline inflation probably breached the central bank’s 4% medium-term threshold last month, but that surge — driven by high onion prices — is unlikely to distract monetary policy makers from their focus on growth. Economists pegged the gains in consumer prices at 4.35% in October, according to the median of 33 economists surveyed by Bloomberg. That would be ...