Hong Kong is missing an opportunity to displace the US as an offshore listing venue for Chinese companies by keeping trading fees too high. Alibaba Group Holding Ltd.’s $11 billion offering in November showed the potential for the city’s stock exchange to attract US-listed mainland enterprises amid an unsettled trade relationship between the two largest economies. Relatively expensive costs threaten ...

Who said Davos doesn’t make a difference? As world leaders, business executives and cheerleaders for the planet descended on the Swiss resort for the annual World Economic Forum, one diplomatic victory was being chalked up on the sidelines: A presidential truce between Donald Trump and Emmanuel Macron over France’s plan to tax tech companies, which the US says discriminates against ...

The UK-European Union trade talks haven’t started officially, but both sides are testing out negotiating lines. Britain is already colouring some of them red, setting up a fight later this year that will encompass the three Fs: fish, financial services and the freedom to diverge from EU rules. To use another f-word, all three issues are fraught. But it’s the ...

Disney+ and other new streaming-TV apps are starting to nip at Netflix Inc.’s heels. While that means Netflix will have an even tougher time enticing new users, its streaming imitators aren’t giving subscribers reason enough to cancel the tried-and-true service. For the first time ever, Netflix has serious competition, and fourth-quarter results offered a first glimpse at what that might ...

Which would you prefer: cheaper rent or a cheaper holiday rental? I’d wager heavily that most people would answer “rent.” It’s a bigger slice of personal spending. Short-term accommodation accounted for just 1% of US household budgets in 2016, compared to the 16% spent on housing, according to analysis from the Economic Policy Institute, a think tank based in Washington, ...

Mercedes-Benz is considering adding more plug-in hybrids to its AMG performance-car lineup, as the world’s top-selling luxury carmaker seeks to balance consumer demand for roaring combustion power with government pressure to meet stricter emission rules. Fleet customers of Daimler AG’s main brand have responded well to a growing list of hybrid models for sale, ranging from compacts to full-size vehicles, ...

Bloomberg E-scooter startup Bird Rides Inc has lost its UK and Ireland boss, Richard Corbett, who left the company after two years at the helm. Since launching in London in 2018, the venture capital-backed startup has struggled to deploy its scooter-rental business as a result of tight regulation, which Corbett says was made impossible to overcome while lawmakers focussed on ...

Bloomberg Everyone has seen the warning. At the bottom of the email, it says: “Please consider the environment before printing.” But for those who care about global warming, you might want to consider not writing so many emails in the first place. More and more, people rely on their electronic mailboxes as a life organiser. Old emails, photos, and files ...

Bloomberg Singapore Airlines Ltd is preparing to add planes in India to take on rivals in one of the world’s fastest-growing aviation markets. Vistara, Singapore Air’s Indian joint venture, is considering ordering more 787 Dreamliner jets — whose sticker prices start at about $250 million each — from Boeing Co to add flights to destinations as far away as the ...

Bloomberg European Union merger watchdogs said they stopped the clock on their review of Boeing Co’s tie-up with Brazilian rival Embraer SA for a second time as they demanded yet more details from the jet makers. The move is a re-run of a similar request late last year for data about the deal, which the European Commission has warned could ...