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China Covid-19 deaths drop 72% in a week as wave eases

  Bloomberg China’s weekly Covid deaths in hospitals slumped to less than 1,000 as the record wave of infections that rippled through the country following the abandonment of Covid Zero abates. There were 912 fatalities linked to Covid at hospitals between February 3 and February 9, down from 3,278 a week earlier, according to a report from the Chinese Center ...

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Renault, Nissan investing $600m to expand their car lineup in India

Bloomberg Renault SA and Nissan Motor Co unveiled their first joint project since announcing a revamp of their carmaking alliance last week. The pair will invest $600 million in India to expand their car lineup, add jobs and decarbonise a manufacturing plant in Chennai, the companies said in a joint statement. The initiative is a key element of the operational ...

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India inflation returns to 6% level in Jan

  Bloomberg India’s inflation accelerated in January, breaching the top-end of the central bank’s target for the first time in three months and validating the concern of monetary authorities that price pressures are persistent and must be contained. The consumer price index rose 6.52% from a year earlier, according to data released by the Statistics Ministry on Monday. That compares ...

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