Bloomberg Intel Corp Chief Executive Officer Pat Gelsinger said the worst of a sales slump has passed and struck a bullish tone about the chipmaker’s prospects for the rest of the year and beyond. Investors are waiting to see proof that the company can regain dominance in semiconductor industry. The key to winning them over will be Gelsinger’s ability to …

Bloomberg Tesla Inc has sought lower taxes on import of electric vehicles in India, people with the knowledge of the matter said, as it looks to commence operations in Asia’s third-largest economy. The California-based maker of electric vehicles has written to the transport and industry ministries for reducing import duty on electric cars to 40% from the current range of …

Bloomberg Chinese regulators are set to order Tencent Holdings Ltd. to give up exclusive rights to music labels, Reuters reported. The company will also receive a 500,000 yuan ($77,227) fine for misreporting the acquisition of two apps, according to the report. The penalties are the result of an investigation by the State Administration of Market Regulation into affiliate Tencent Music …