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Bloomberg In September, Jaguar Land Rover (JLR) unveiled a new development facility near Coventry in central England, equipped with technologies like 3-D printing and dedicated to a futuristic vision dubbed “Destination Zero”: No emissions, accidents or congestion. Early next month, Britain’s biggest auto manufacturer plans to add another goose egg: Zero production. The maker of luxurious Jaguar sedans and rugged ...

Bloomberg Japan Display Inc (JDI), the struggling supplier of mobile screens to Apple Inc, says it has about a year before it needs to decide on whether to take a plunge on next-generation organic light-emitting diode displays. While OLED panels are slimmer, more energy-efficient and offer higher contrast, JDI’s liquid crystal displays (LCD) will retain a price advantage that keeps ...

Bloomberg South Korean trade officials will discuss the country’s developing-nation status at the World Trade Organization with American counterparts this week, Yonhap News Agency reported. Trade Minister Yoo Myung-hee will reach out to the US, and the issue will be addressed at an economy ministers’ meeting soon, the report said, citing Finance Minister Hong Nam-ki. In July, Trump accused some ...

Bloomberg The trade spat between India, the world’s biggest palm buyer, and Malaysia seems to be escalating, with an influential processors’ group in Mumbai asking its members to refrain from buying the tropical oil from the second-largest producer. Malaysian PM Mahathir Mohamad last month told the United Nations that India “invaded and occupied” Kashmir. Since then, many Indian buyers of palm ...

Bloomberg The global collapse in coal prices this year has dealt a particularly heavy blow to miners in Indonesia, the top exporter and one of the largest producers of the fuel. Bonds from the country’s financially weak miners have suffered more than peers elsewhere in Asia due to a lack of diversification and state backing that many competitors enjoy. Prices ...

Bloomberg The world has more than enough coffee, and Indonesia is looking to add to the glut. The coffee industry in the No. 3 producer of robusta is on a mission to boost output at a time when production is soaring and prices are tumbling. Farmers are expected to reap 50%-60% more beans within the next five years, said Pranoto ...

Bloomberg Hong Kong Chief Executive Carrie Lam’s plan to relax mortgage rules for first-time buyers appears to have already spurred sentiment, with the city recording its best weekend for home sales since April. The 10 biggest housing estates tracked by Centaline Property Agency Ltd recorded 20 sales, more than three times the weekend before. That’s despite violent protests that have ...

Bloomberg Boeing Co said it told US regulators “multiple times” that it had expanded the role of flight-control software later linked to two fatal crashes, and that Federal Aviation Administration (FAA) personnel observed the system operating in flight tests before the 737 Max was certified for service. The statement provided a broader explanation to the bombshell revelation that a former ...

Bloomberg Coca-Cola Co’s international sales and low-sugar offerings like Coca-Cola Zero Sugar drove brisk revenue growth in the third quarter. Shares rose the most intraday since July. The beverage giant said unit case volume grew by 2%, while net revenue expanded 8% to $9.5 billion. The key metric of organic revenue, which strips out some items like currency effects, jumped ...

Bloomberg It’s all about that new plane smell. Private jets that can fly faster and go longer distances are causing a surge in new corporate-jet deliveries from General Dynamic Corp’s Gulfstream unit, Bombardier Inc and Textron Inc’s Cessna. Innovations that have spurred sales include better fuel-efficiency, roomier, quieter cabins and gadget-packed cockpits that can predict the weather and smooth out ...