Bloomberg China’s embattled HNA Group Co., which has managed to reduce one of the country’s biggest debt piles by selling off dozens of assets, will probably need to slim down even further before regaining the trust of investors. The conglomerate’s total debt fell 9.5 percent to 541.6 billion yuan ($79 billion) at the end of June, down about $8.3 billion ...

Bloomberg Typhoon Jebi is set to hit western Japan on Tuesday, with authorities warning that it could be the strongest storm to make landfall in Japan in a quarter century. The category 3 typhoon, the 21st of the season, is bearing down on the area of western Japan that holds Osaka, and will likely make landfall on Shikoku or the ...

Bloomberg Hana Financial Group Inc. is in talks to buy a landmark office property opposite the Bank of England that’s being transformed into a major WeWork Cos. co-working space, according to people with knowledge of the plan. Aermont Capital LLP, the owner of the building at One Poultry, is seeking a price of about 185 million pounds ($240 million), the ...

Bloomberg Dairy producer Yakult Honsha Co. is finding that the power of product placement is so potent it works even when it’s mistaken. Viewers of Netflix’s new romantic comedy, “To All the Boys I’ve Loved Before,’’ have noticed the main character’s sister drinking a yogurt out of a distinctive little bottle, and are talking about it on Twitter, according to ...

If President Donald Trump’s pronouncements are to be believed, the North American Free Trade Agreement (Nafta) between the US, Canada and Mexico will soon be replaced by a bilateral US-Mexico trade agreement, presumably with a US-Canada agreement to follow. The actual changes to US-Mexico trade rules don’t look very substantial. The new agreement essentially implements a partial minimum wage for ...

The difficulties for emerging markets have entered a new phase. What were once clearly country-specific crises, well contained within their borders, are bleeding across the world. To stem the slide in its currency Argentina raised its key rate to a whopping 60 percent last week, but the peso was still 30 percent weaker. Though Turkey is no closer to solving ...

Donald Trump is the most powerful person in the world, and he has a loud megaphone. One word or tweet from him can move markets, or galvanize rage against a person or institution. Yet Amazon.com Inc. stayed quiet when the US president said the company crushes small businesses, may be violating anti-monopoly laws, dodges taxes and takes advantage of the ...

The next round of US tariffs on Chinese imports — $200 billion worth — could come as soon as this week, after talks to avert them ended without resolution. China is set to retaliate promptly with duties on nearly everything it imports from the United States. Even as he signaled an initial deal with Mexico, President Donald Trump declared it ...

From debt vultures and cooked books to fiscal time bombs, Argentine President Mauricio Macri inherited quite the mess. In his three years of office, he’s handled most of these challenges remarkably well, drawing cheers from investors and his compatriots. Here was a decisive, business-friendly manager, talking transparency and free-market initiatives to end what might have been “the largest populist experiment” ...

This week, California’s state legislature approved a bill requiring the state to get 100 percent of its electricity from carbon-free sources by the year 2045. It’s a landmark for power sector decarbonization, and if Governor Jerry Brown signs the bill, it will require a transformation of the state’s energy system. California already gets 29 percent of its electricity from zero-carbon ...