Bloomberg Peninsula Land Ltd, an Indian property developer, blamed overdue rent from prime minister Narendra Modi’s government for missing a 23.5 million rupees ($330,000) debt payment. It couldn’t pay State Bank of India (SBI) on time because India’s tax departments, which had leased office space from Peninsula, were delaying rent payments, the company said in a filing. The loan used …

Tesla Inc shares opened at new highs after the electric-car maker reported a new record for quarterly deliveries of 112,000 units in the final three months of 2019. The electric-vehicle maker handed over 92,550 Model 3 and 19,450 Model S and Model X electric vehicles in the fourth quarter, according to a statement, eclipsing its previous total best of 97,000 …

Bloomberg Apple Inc shares surpassed $300 amid predictions for a robust holiday quarter, demand for wearables such as AirPods and planned services including streaming TV. Shares of the iPhone maker rose 2.3% to close at a record $300.35, topping the $300 mark for the first time on a split-adjusted basis. The latest gain was in stark contrast to the dismal …