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  Bloomberg Contemporary Amperex Technology Co. Ltd., the world’s biggest battery maker for electric cars with almost 35% of the market, plans to build a 14 billion yuan ($1.9 billion) manufacturing base in the city of Luoyang in the central Chinese province of Henan. Construction of the project in Henan will take up to three years, CATL said in a ...

Who is the real “change candidate” after 12 years of Conservative government in the UK: Keir Starmer, the leader of the opposition Labour party? Or Liz Truss, the fourth successive Tory prime minister? That is the question Starmer must answer at his annual party conference in Liverpool this weekend. The result of the next general election in two years’ time ...

The Bank of England’s next scheduled monetary policy gathering on Nov. 3 is a long, long way away. With the pound dropping to a record low against the dollar this week and UK borrowing costs surging, market soothsayers have called for an inter-meeting intervention. But Governor Andrew Bailey has resisted that temptation — and he’s right not to fall into ...

  Do Kwon is not on the run. We know that because the cryptocurrency founder said so. Singapore authorities announced that he’s no longer in their country, a South Korean court issued a warrant for his arrest, and Interpol put out a Red Notice. But that doesn’t mean he’s ready to reveal his whereabouts, or his legal strategy to fight ...

HPV vaccinations among teens in the US dropped precipitously during the early pandemic, a disappointing reversal for shots that can prevent more than 33,000 cases of cancer each year. Worse, efforts to get vaccinations back on track could be stymied by legal challenges. We can’t let a decade worth of slow and steady progress in HPV vaccinations be lost. Getting ...

  Bloomberg Jet Airways India Ltd., the carrier undergoing a court-monitored process to emerge from bankruptcy, won’t return to the skies this month as previously planned, according to people familiar with the matter. The airline, once India’s top private carrier, can’t sell tickets in September because lenders are reluctant to allow it to take on any fresh liabilities such as ...

Bloomberg A Singapore Airlines Ltd. flight en-route from San Francisco was escorted by fighter jets after a passenger allegedly claimed there was a bomb in his carry-on bag and assaulted the crew, according to the police. Singapore Airlines Flight 33 landed safely at Changi airport at 5:50am, the city-state’s Police Force said in a statement. The plane was taxied to ...

  Bloomberg The risk of debt defaults for British supermarkets surged on Monday as investors reacted to the wild market swings sparked by tax cuts that many fear will fuel inflation. Insurance on bonds of UK supermarkets Asda Group Ltd. and Iceland Foods Ltd. — used to protect investors against non-payment — jumped to signal a 52% and 76% chance ...

Bloomberg Household spending trends ahead of India’s main festive season are flashing warning signs of a widening chasm in demand recovery as inflation hovers around 7% and unemployment keeps on rising. Consumer-goods makers are reporting robust demand for items priced nearly $2,000 in a nation where per-capita income is just a tad above that level, while industry data on sales ...

  Bloomberg Burberry Group Plc appointed former Bottega Veneta creative head Daniel Lee to succeed chief designer Riccardo Tisci, who is leaving the British fashion brand after five years. Tisci’s departure completes a changing of the guard atop the luxury retailer and comes less than a week after Chief Financial Officer Julie Brown announced she was leaving to join drugmaker ...