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Bloomberg India’s Commerce and industry minister Piyush Goyal will meet his counterpart US Trade Representative, Robert Lighthizer, on November 13 to discuss “outstanding bilateral issues,” the government said in a statement. The talks come days after India exited a China-backed trade agreement covering much of Asia, citing domestic concerns. Goyal will also take part in the BRICS trade ministers’ meeting ...

Bloomberg Tesla Inc unveiled its first vehicles built in China, a milestone for Elon Musk’s company as it prepares to start sales of domestically-made electric sedans in the world’s largest auto market. Assembled in Tesla’s new Shanghai Gigafactory, which only broke ground in January, the first Model 3 sedans came in blue and were emblazoned with the brand name in ...

Bloomberg Myanmar expects to attract more investment as manufacturers seeking to relocate production from China to skirt US tariffs encounter capacity constraints in Vietnam. The Southeast Asian nation, whose goal is to woo a total of $5.8 billion in foreign-direct investment this year, is trying to cut back the red tape that deters some companies, according to a senior government ...

Bloomberg Germany is seeking to boost momentum behind using hydrogen as an alternative to natural gas, part of a broader effort to quicken the pace of emissions cuts. The government is preparing an incentive program for early December that will help develop a local market for the technology, according to Stefan Rolle, an adviser in Germany’s Economy & Energy Ministry. ...

Bloomberg Britain dodged a recession ahead of the now-postponed October 31 Brexit deadline, but investment is in a slump and the economy has lost almost all momentum. The economy grew 0.3% between July and September, avoiding a second straight quarter of contraction, the Office for National Statistics said. Still, the figures were weaker than expected and showed the economy had ...

Bloomberg Greece and China in Athens signed 16 agreements in sectors including energy, agriculture, tourism and ports. Chinese President Xi Jinping is on an official visit to Greece for follow-up meetings with Greek officials, after Premier Kyriakos Mitsotakis visited China last week. At that time, the leaders said they wanted to expand relations between two of the world’s oldest civilisations. ...

Bloomberg ArcelorMittal South Africa Ltd will mothball its Saldanha Works plant to curb losses, as raw-material costs and regulated prices mean the operation can no longer effectively compete in steel export markets. Saldanha, on South Africa’s west coast, will be placed on care and maintenance in the first quarter of 2020 and its domestic customers will be served from another ...

Bloomberg Hong Kong saw one of its most violent days since protests began in June, with clashes involving police and protesters leaving downtown paralysed, transportation networks hobbled and two men clinging to life. The chaos started on Monday when demonstrators, still angry after the first protest-related death last week, moved to disrupt the morning commute. A scuffle ensued outside a ...

Bloomberg If you listen to bookmakers, the central question in the UK general election is not whether Boris Johnson will win, but by how much. Johnson is the overwhelming favourite to remain as prime minister after the December 12 poll, according to bookmaker Paddy Power. At 3/1 on to lead the next government, punters would need to bet three pounds ...

Bloomberg The US intelligence community is updating its assessment of space warfare capabilities of Russia and China as military commanders express concerns about advances in the adversaries’ ability to jam, ram or destroy satellites in orbit. Air Force General John Hyten requested the National Intelligence Estimate before he left his prior command at the US Strategic Command, and it “is ...