Bloomberg Tesla Inc. is getting ready to break ground on its factory and Chief Executive Officer Elon Musk can’t wait to visit. “Looking forward to visiting soon for the groundbreaking of Gigafactory Shanghai,” Musk wrote in a tweet. He didn’t provide a date for the visit. The China plant would be a significant milestone for the battery-car manufacturer as it ...

Bloomberg China heads into the new year with its factories back in contractionary territory as the threat of a prolonged trade war dampens sentiment and stimulus struggles to gain traction. The manufacturing purchasing managers index dropped to 49.4 in December, the weakest since early 2016 and below the 50 level that denotes contraction. Measures of new orders and new export ...

Bloomberg Canadians will start paying a carbon tax in what is set to be a key political battleground of the 2019 election. From January 1, Justin Trudeau’s government will start rolling out a “backstop” price on provinces that don’t have their own levies on emissions. That includes Ontario, an industrial heavyweight whose populist premier scrapped an existing plan, setting up ...