Bloomberg China plans to create a new system to reduce threats to national security related to technology, according to the official Xinhua News Agency, as trade tensions between the world’s two largest economies escalate. The National Development and Reform Commission has been tasked with setting up the list system which aims to “more effectively forestall and defuse national security risks,” ...

Bloomberg Carlos Ghosn’s lawyers said they’re surprised to hear that the board of Renault SA started proceedings against their client based on an audit report. Ghosn hasn’t had a chance to respond to any of the questions raised by this report, Jean-Yves Le Borgne and Francois Zimeray, the lawyers for the former boss of Renault, said in a statement. “Shockingly, ...

Bloomberg Consumer confidence in India dropped in May, as people fretted about jobs and slowing growth in Asia’s third-largest economy. The current situation index fell to 97.3 from 104.6 in March, according to the Reserve Bank of India’s consumer confidence survey, where 100 is the dividing line between pessimism and optimism. The future expectations gauge fell to 128.4 in May ...