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Australia records biggest job gain this year

  Bloomberg Australia’s economy recorded its biggest monthly jobs gain this year, led by full-time employment, while a higher participation rate also signaled a healthier labor market. Employment jumped 39,100 from October, more than double economists’ forecast for a 17,500 gain. October jobs gain was upwardly revised to 15,200 from 9,800. Jobless rate rose to 5.7 percent from 5.6 percent. ...

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GM-SAIC venture under China anti-trust probe

  Bloomberg General Motors Co.’s joint venture in China with SAIC Motor Corp. is being investigated by the government for possible anti-trust violations, according to people familiar with the matter. Any action by the National Development and Reform Commission, which is conducting the probe, may be subject to changes, said the people, who asked not to be identified because the ...

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Takata restructuring delayed as bidders assess business

  Bloomberg Takata Corp.’s selection of a bidder is running behind schedule as the shortlisted companies embark on a more thorough review of the air-bag maker behind the biggest auto safety recall, according to people familiar with the matter. The successful bidder may only be named some time in the January-to-March quarter, the people said, asking not to be identified ...

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