Bloomberg Alabama edged out North Carolina as the winner in a multi-state contest for a prized Toyota Motor Corp. and Mazda Motor Corp. joint car factory worth $1.6 billion, a person familiar with the negotiations said. The Japanese automakers have been narrowing the list of possible locations for months. Mazda and Toyota plan to announce their final choice in the ...

Bloomberg UK manufacturers posted a seventh consecutive month of expansion in November as sectors from food producers to makers of games and sports equipment increased output. Factory output rose 0.4 percent from October, the Office for National Statistics said. Overall industrial production also increased 0.4 percent, with a drop in temperatures boosting demand for energy. Separate figures show construction output ...

Bloomberg Business Secretary Greg Clark was expected to meet with PSA Group Chief Executive Officer Carlos Tavares seeking reassurances on the automaker’s UK manufacturing, as the government published a plan to provide the industry with confidence in Britain after Brexit. Clark will raise his concerns about the future of PSA’s Ellesmere Port site in his meeting with Tavares, according to ...

Bloomberg Ford Motor Co. is expanding its driverless delivery experiment beyond pizza by partnering with Postmates to test what it will take to eventually remove the driver from on-demand distribution. The carmaker and the startup, which connects consumers with drivers to deliver their groceries, take-out and other purchases, will team up this year on a pilot programme that explores how ...

Bloomberg Congressional Republicans got the green light from President Donald Trump to negotiate an immigration deal with Democrats, potentially clearing a stalemate that’s stalled action on multiple issues, including funding to keep the government from shutting down next week. During an unusual public meeting with bipartisan members of Congress at the White House, Trump offered a broad outline for an ...

JERUSALEM / Reuters Israel will approve construction of hundreds of new settlement homes in the occupied West Bank, Israeli Defence Minister Avigdor Lieberman said. Settlements are one of the most heated issues in efforts to restart Israeli-Palestinian peace talks, frozen since 2014. Palestinians want the West Bank for a future state, along with East Jerusalem and the Gaza Strip. Most ...

TUNIS / Reuters A Jewish school on a Tunisian island was attacked as police battled violent unrest elsewhere in the country, arresting more than 200 people, witnesses and the interior ministry said. Petrol bombs thrown at the school on the tourist resort island of Djerba, home to an ancient Jewish community, caused some damage but no injuries, the head of ...

Bloomberg South Korean President Moon Jae-in vowed to never accept North Korea’s nuclear program, while also saying he was prepared to meet Kim Jong Un under the right conditions. “Denuclearisation on the Korean Peninsula, which South Korea and North Korea jointly declared in the past, is a position that we could never concede,” Moon said on Wednesday during an extended ...

SEOUL / Reuters Rescue crews were forced to retreat from a stricken Iranian oil tanker in the East China Sea on Wednesday following an explosion on the ship as a fire raged for a fourth day after a dramatic collision. The blast happened on board the tanker in the afternoon after rescue crews were dousing the ship with foam in ...

Bloomberg Peru’s President Pedro Pablo Kuczynski reshuffled his cabinet in a bid to breathe new life into his moribund government after his decision to free former autocrat Alberto Fujimori from jail sparked a wave of criticism. Kuczynski swore in nine new ministers at the presidential palace in Lima. Cabinet Chief Mercedes Araoz and Finance Minister Claudia Cooper remain in their ...