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HNA co-chairman Wang Jian dies in France aged 57

Bloomberg HNA Group Co., the once-acquisitive Chinese conglomerate that’s been selling billions of dollars in assets this year amid soaring borrowing costs, said that Co-chairman Wang Jian died after an accident in Provence, France. He was 57. Wang, who was on a business trip, had a fall from which he couldn’t recover, HNA said in a statement on its website. ...

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‘Sprint acquisition needs scrutiny over China links’

Bloomberg US lawmakers plan to pressure the Trump administration to closely scrutinise T-Mobile US Inc.’s planned purchase of Sprint Corp., arguing the acquisition poses a threat to American security because the owner of Sprint has ties to Chinese telecommunications company Huawei Technologies Co. A draft letter to Treasury Secretary Steve Mnuchin, who leads a US national security review of the ...

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No-deal Brexit will wreak havoc on UK business: Minister

Bloomberg Failure to reach a Brexit deal would wreak havoc on British business, especially manufacturers that rely on just-in-time supply chains. That’s the view of Business Minister Richard Harrington, who in an interview defended the right of companies to openly voice their concerns. “It would be completely disastrous for business in this country,”Harrington said. Four months after Prime Minister Theresa ...

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