Bloomberg Rupert Stadler, Audi’s suspended chief executive officer, is facing at least another week in a German prison over the carmaker’s diesel scandal, as an ex-manager who oversaw engine development was released on bail after nine months. Defense attorneys and investigators scheduled meetings to allow Stadler to answer questions for next week, and he will remain in custody for now, ...

Bloomberg Prime Minister Theresa May’s chaos-stricken UK government risks slowly suffocating investments for car manufacturers desperate for clarity post-Brexit from a party that calls itself pro-business. That’s the stark assessment of Mike Hawes, chief executive officer of the Society of Motor Manufacturers and Traders, who took a jab at May’s widely-debunked promise that there will be extra money to spend ...

Bloomberg Volkswagen AG’s fledgling Moia mobility unit is betting on the rise of self-driving cars to deliver on its plan to catch up with ride-hailing leaders like Uber Technologies Inc without burning through piles of cash. Moia is focussed on connecting the fast-changing mobility marketplace with the German automaker’s vast manufacturing capacity, including its efforts to develop autonomous cars, according ...

Bloomberg Special Counsel Robert Mueller is preparing to accelerate his probe into possible collusion between Donald Trump’s presidential campaign and Russians who sought to interfere in the 2016 election, according to a person familiar with the matter. Mueller and his team of prosecutors and investigators have an eye toward producing conclusions — and possible indictments — related to collusion by ...

Bloomberg Jim Mattis arrived on Tuesday in Beijing on the first China visit by a US defense secretary in four years, as the Trump administration moves to push back against the country’s growing economic and military influence. Mattis, who plans to also visit South Korea and Japan, was expected to press China’s leaders for continued cooperation on North Korea’s nuclear ...

Bloomberg German Chancellor Angela Merkel’s antagonists dialed back a clash over migration, saying they don’t want to blow up the party alliance underpinning her government. Comments by leaders of the Christian Social Union (CSU), a Merkel-allied regional party that governs Bavaria and wants to tighten border security, take some of the sting out of days of attacks on the chancellor. ...

Bloomberg Jordan will not receive new refugees from Syria under any circumstances, PM Omar Razzaz said, as a new Syrian government offensive threatened to send more displaced people fleeing to Jordan’s border. “Jordan cannot receive more refugees,” said Razzaz, who took office earlier this month. “We want a political solution.” Jordan has taken in 1.3 million refugees from neighbouring Syria’s ...

Bloomberg Indonesia’s most populous province is set to go the polls in what’s shaping up as a test of President Joko Widodo’s popularity and a potential springboard for his rivals ahead of next year’s presidential election. More than 30 million people are expected to vote in West Java’s gubernatorial election on Wednesday in a contest between two former generals, the ...

Bloomberg Republic of Macedonia’s president rejected an agreement with Greece on the nation’s new name, a move that may be only a temporary hurdle in the ex-Yugoslav nation’s NATO and EU accession plans. The veto by opposition-backed President Gjorge Ivanov, who said on Tuesday he won’t sign the accord, is expected to be overturned in parliament as early as next ...

The escalating trade war between the United States and China poses crucial, though unanswerable, questions: Is this the beginning of the end of the post-World War II international trading system or will the present arrangements survive, as they have for 70 years? Almost certainly, historians will judge favourably the postwar expansion of trade (it has never been completely “free” but ...