Bloomberg Renault SA signed an agreement with Geely Holding, China’s largest privately owned auto group, to help the French carmaker reestablish a presence in the world’s biggest vehicle market. The companies will jointly introduce Renault-branded hybrid vehicles in China, according to a statement. They’ll also explore selling cars based on Geely’s Lynk & Co vehicle platforms in South Korea, where ...

Bloomberg Indonesian President Joko Widodo ordered law enforcement and local officials on the nation’s outer islands to take immediate actions, including restrictions on movements and isolation for infected people, to stem an increase in Covid-19 cases. As of last week, new infections in areas outside Java and Bali accounted for 54% of the nationwide total, up from 44% at the ...

Bloomberg UpGrad has raised $185 million from Temasek Holdings Pte and other investors over a span of a few months this year, garnering a valuation of $1.2 billion that ranks it as India’s third-largest edtech unicorn. The higher education startup doubled in valuation within 60 days of its first financing round of $120 million from Temasek, later adding another $65 ...