Bloomberg India is exploring new locations, in addition to those already identified, to build nuclear power plants and meet its generation goal, a government official with direct knowledge of the matter said. The nation has had to back out from a couple of sites in the past because of opposition from the local population and is now looking at ...

  Bloomberg Toshihiro Hirao, whose Japan hedge fund posted its biggest decline ever last year, sees relief ahead as he expects President Donald Trump’s policies to boost Japanese equities by the most in three years. Hirao, 52, who runs the Asuka Japanese Equity Long Short Strategy in Tokyo, is predicting that Trump’s pro-business agenda will help strengthen the dollar, stoking ...

  Bloomberg Tesla Inc.’s revenue from China last year tripled to more than $1 billion, indicating better traction in the market Chief Executive Officer Elon Musk has predicted could eventually become the company’s biggest. hina accounted for more than 15 percent of Tesla’s more than $7 billion of total revenue last year, according to a US regulatory filing. Sales from ...

  March is likely to see at least four key Brexit battles, whose outcome will frame the next two years of negotiations as Britain and the remaining 27 EU members wrangle over their future relationship. Here’s the rundown. THE LORDS Prime Minister Theresa May would undoubtedly prefer Brexit to be under way by March 25, when the remaining members of ...

  What use would a country with more people over the age of 70 than under 20 have with amusement parks? More than you might think. U.S. cable giant Comcast Corp. certainly seems to think so, judging by its decision to spend $2.3 billion buying full control of Universal Studios Japan. Comcast’s NBCUniversal unit previously paid $1.5 billion for 51 ...

  Microsoft Corp. founder Bill Gates made a splash in a recent interview, when he suggested that robots should be taxed in order to help humans keep their jobs. Right now, the human worker who does, say, $50,000 worth of work in a factory, that income is taxed and you get income tax, social security tax, all those things. If ...

  Bloomberg After years of seeing fewer US customers come in its doors, McDonald’s Corp. is increasingly embracing a different philosophy: take the food to them. The fast-food chain will rely heavily on delivery to reignite sales, especially in the US, according to executives speaking at McDonald’s investor day in Chicago. The company also is turning more aggressively to digital ...

  Bloomberg BCBG Max Azria Group Inc., the glitzy fashion house founded by designer Max Azria, filed for bankruptcy in a third attempt in two years to rescue a business beset by changing consumer habits. The latest turnaround effort began in January when the chain started closing 120 of its stores, Chief Restructuring Officer Holly Felder Etlin said in court ...

  Bloomberg MTN Group Ltd. has been having a tough time of it in Nigeria, its most lucrative market. Protesters last week vandalized the company’s headquarters in the capital, Abuja, in retaliation for xenophobic attacks on Nigerians in South Africa, singling it out among more than 100 other Johannesburg-based businesses. It suffered its first-ever loss last year after Nigeria’s regulator ...

  Bloomberg Canada Goose Holdings Inc., the maker of $900 parkas worn by celebrities from Toronto rapper Drake to Blue Jays slugger Jose Bautista, is seeking to raise as much as C$320 million ($240 million) in its initial public offering. The Toronto-based retailer and its backers, which plan to list shares both in the company’s home city and in New ...