A high stakes game of 3-D chess is currently playing out in the sleepy German town of Mainz. The outcome will determine the landscape of the country’s telecoms industry for the next 20 years. Telefonica SA’s local unit is at particular risk of losing out. The Spanish carrier is bidding alongside Deutsche Telekom AG, Vodafone Group Plc and 1&1 Drillisch ...

It’s not Bollywood yet, but Indonesia could be germinating Asia’s next big film scene. After years of stifled growth and censorship, new cinemas are opening across the vast Southeast Asian archipelago at a rapid clip thanks to large cash investments. Meanwhile, international filmmakers are setting up operations. With local production houses and cinema owners taking their companies public, investors might ...

Bloomberg With his call for lower interest rates, President Donald Trump has weighed into a debate inside the Federal Reserve about what central bankers should do about sub-par inflation. It’s not totally crazy to think he’ll eventually carry the day. In advocating easier credit, Trump and senior economic adviser Larry Kudlow have harped on the paucity of inflation to justify ...