Bloomberg Weeks after Armand Wahyudi Hartono became the vice president director of Indonesia’s largest non-state bank, he noticed how staff were leaving half-empty glasses of water after work. The next morning, he restricted the amount of drinking water available at PT Bank Central Asia’s (BCA) headquarters. Such stringent cost control is just an example of how the lender has managed ...

Bloomberg PG&E Corp cut power to more than 2.5 million Californians in the state’s largest deliberate blackout ever. As of midnight local time, the bankrupt utility giant had shut off the lights to 877,000 homes and businesses in 38 counties across Northern and Central California, including parts of Oakland and Berkeley, but sparing the city of San Francisco, as it ...

Bloomberg China’s Tesla Inc fans expecting to get the new, locally built Model 3s on the cheap were just dealt a surprise. Tesla said its China-made vehicles will start at $50,000 in the country, only about 3% less than what the most basic imported models have been going for, after the US company decided to include the Autopilot driver-assistance software ...