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Viacom in talks to sell stake in China business

Bloomberg Viacom Inc is in talks to sell a majority stake in some of its China operations, according to a person familiar with the matter. The New York-based company has had talks about a sale with at least one Chinese entity, the person said. The discussions involved the potential sale of a majority share in Viacom’s channel brands, such as ...

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Bangkok air pollution hits dangerous levels

Bloomberg Thailand’s Prime Minister Prayuth Chan-Ocha has urged those living in the Thai capital, Bangkok, to stay indoors as the city’s air pollution reached dangerous levels. The air quality index, or AQI, climbed to 182 in Bangkok at 10:14am — higher than the levels in Asia’s famously polluted metropolises of New Delhi, Beijing and Jakarta — before falling back to ...

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China car sales dip first time in 28 yrs

Bloomberg China vehicle sales fell for the first time in 28 years, raising the prospect of a government-led stimulus to revive demand in the world’s biggest auto market as consumers from Europe to US balk at buying new cars. Deliveries of passenger vehicles to dealers fell 4.1 percent to 23.7 million units last year, the China Association of Automobile Manufacturers ...

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