Bloomberg Volkswagen AG is weighing options for its Lamborghini supercar brand, as the German manufacturer moves ahead with an overhaul aimed at more than doubling its market value and getting ahead of an expected industry shakeout, according to people familiar with the matter. The options VW is mulling include a sale or stock listing, said the people, who asked not ...

The news that President Trump is considering abandoning the Open Skies Treaty probably brought a yawn from most observers. Arms-control agreements like this seem to many people like yesterday’s problem. But ignoring arms control is a dangerous mistake, especially now. We’re in a moment of strategic instability between the United States and Russia, when the two nations barely talk. At ...

Thailand really should let its hair down. The currency is strong and the current-account surplus is big versus the neighbourhood, while there’s a lot of scope for fiscal expansion. The Bank of Thailand has been grudging in cutting interest rates, in contrast to the easing party under way not just in Asia but in emerging and developed markets the world ...

General Electric Co. employees are still paying the price for the company’s mistakes. The industrial conglomerate announced that it will freeze US pension benefits for approximately 20,000 salaried employees and supplemental payouts for 700 executives. They’ll get to keep the benefits they’ve already accrued, and a plan to prefund an additional $4 billion to $5 billion of those obligations helps ...

US President Donald Trump is known to admire his Russian counterpart, Vladimir Putin. That doesn’t mean, however, that he should imitate some of Putin’s least effective policies – such as declaring war on European cheese. In the US, a 25% tariff on cheese imported from the European Union kicks in on October 18. In 2014, Russia banned EU cheese, and ...

It’s been a decade since the worst financial crisis since the Great Depression, and yet here we are in a world where the highest government bond yield starts with the number “2.” Among the world’s major developed economies, only the English speaking countries – the US, UK, Canada, New Zealand and Australia – still have monetary policy rates above zero. ...

A troubled British consumer brand with an illustrious past. Too much debt. A big Chinese investor. Sound familiar? Pizza Express Ltd., which is preparing for debt talks with creditors, is being compared to Thomas Cook Group Plc, the travel operator that collapsed last month. The 54-year-old restaurant chain isn’t in as precarious a state as Thomas Cook was for much ...

The contagion risk from India’s year-old shadow banking crisis has suddenly turned much graver. What investors don’t know yet is whether the new problem is a $4 billion headache, a $16 billion migraine, or a life-threatening tumor. On October 9, the Reserve Bank of India quashed a proposed merger of Indiabulls Housing Finance Ltd., one of the country’s largest real-estate ...

Bloomberg Samsung Display Co plans to spend 13.1 trillion won ($11 billion) developing and building next-generation displays, responding to a flood of supply and price pressure from fast-moving Chinese rivals. In an announcement event attended by Korean President Moon Jae-in and Samsung Electronics Co Vice-Chairman Lee Jae-yong, the investment was presented as a move to reorganise the display industry while ...

Bloomberg Tesla Inc’s Smart Summon, the semi-autonomous feature some owners can use to fetch their cars, doesn’t live up to the Model 3 maker’s marketing hype, Consumer Reports magazine said. The magazine spent several days testing the feature, which allows Tesla owners to tap their smartphone and remotely call for their car to pick them up. Tesla customers have flooded ...