Bloomberg India is considering turning to the private sector to help plug a chronic shortage of capital for infrastruc- ture projects. The Reserve Bank of India is proposing Asia’s third-largest economy offer licenses to private companies to set up infrastructure banks. That could help finance $1.5 trillion in roads, ports, power and other projects over the next 10 years ...

  Bloomberg Qualcomm Inc. accused Apple Inc. of lying to regulators to spur investigations of the chipmaker, and threatening it to cover up the use of inferior parts in some iPhones. The world’s largest maker of phone semiconductors responded to a January lawsuit from Apple with counterclaims for damages late on Monday, alleging the iPhone maker breached contractual pledges, mischaracterized ...

  Bloomberg Dialog Semiconductor Plc’s shares plunged the most in more than 16 years after an analyst warned that Apple Inc. probably will cut back on the use of the company’s power-management chips. “There is strong evidence that Apple is developing its own power-management integrated circuits and intends to replace the chip made by Dialog at least in part,” Karsten ...

  Bloomberg BMW AG, Ford Motor Co. and Jaguar Land Rover are among the winners of 110 million pounds ($136 million) from the UK for the development of low-carbon vehicles and driverless cars. The funding for a total of 38 projects, including 62 million pounds for low-emission cars and 31 million pounds for autonomous vehicles, will help protect almost 2,400 ...

  Bloomberg UK grocers are finding creative ways of passing on Brexit-induced cost increases to consumers. If you’re shopping for candles or light bulbs, buyer beware. Unable to raise prices of staple goods from milk to Marmite because of tough competition from discounters and watchful tabloid newspapers, supermarket operators like Tesco Plc and Wal-Mart Stores Inc.’s Asda are ratcheting them ...

  Bloomberg UK inflation’s upward trajectory paused in March as the timing of Easter led to a drop in airfares, offsetting increases in the price of food and clothing. While the rate was unchanged compared with February at 2.3 percent, that’s still the highest since 2013 and up from just 0.5 percent a year ago. The increase over the past ...

  Bloomberg Elon Musk’s Tesla Inc. surpassed General Motors Co. to become America’s most valuable carmaker, eclipsing a company whose well-being was once viewed as interdependent with the nation’s. A week after topping Ford Motor Co., Tesla climbed 3.3 percent, lifting its market capitalization to $50.9 billion. The electric-car maker ended the day valued at about $64 million more than ...

  Bloomberg LVMH shares rose to a record in Paris after the luxury leader’s sales far exceeded estimates on rebounding demand for items from Louis Vuitton bags to Hennessy cognac. Figures showed first-quarter organic revenue rose 13 percent, compared with the 8 percent median forecast. All divisions beat estimates, with the fashion and drinks units standing out. The stock gained ...

  DUBAI / Reuters Shares of Dubai Islamic Bank outperformed most peers in the region on Tuesday after reporting a low double digit growth in first quarter net profit while market liquidity on those bourses was generally thin. Long-term institutional investors stayed away in light of heightened geopolitical risk, traders said. Dubai Islamic Bank shares rose 0.9 percent after the ...

  Bloomberg Stocks were mixed on Tuesday and the price of gold rose as investors monitored geopolitical risks — from North Korea’s rumblings over the US to major powers’ plan to put pressure on Russia over the Syrian war. Germany’s DAX edged 0.1 percent lower to 12,194 and the CAC 40 of France was 0.2 percent higher at 5,116. Britain’s ...