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Kashmir crisis triggers battle over palm oil

Bloomberg India, the world’s top palm oil consumer, is shunning purchases from Malaysia, the No 2. producer, after the southeast Asian nation’s prime minister criticised its policy in Kashmir, sparking the latest trade spat in the region. Malaysian Prime Minister Mahathir Mohamad last month told the United Nations that India “invaded and occupied” Kashmir. Since then, many Indian buyers of ...

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GM, UAW hammer out details as signs show agreement near

Bloomberg Labour talks between General Motors (GM) Co and United Auto Workers (UAW) leaders are pushing into Wednesday, inching toward a tentative agreement that could end a strike now in its fifth week. Negotiators are showing signs of progress: GM Chief Executive Officer Mary Barra made a personal appearance at the main bargaining table, and UAW bosses have summoned their ...

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Businesses aren’t ready for no-deal Brexit: UK watchdog

Bloomberg The UK will introduce mandatory checks on trucks to ensure they’re ready to cross the border in the event of a no-deal Brexit as a majority of businesses remain unprepared, the public spending watchdog said. The border will be “less than optimal” under a no-deal exit, meaning delays for businesses and the public, the National Audit Office (NAO) said ...

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