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Bloomberg The UK and the European Union are preparing for a special summit to sign the Brexit deal in November and the meeting could be announced within days, according to people familiar with the matter. While negotiators still need to resolve key disagreements, the EU is getting ready to schedule a one-off gathering in mid-November so leaders can formally agree ...

Bloomberg Tripoli’s international airport was closed and flights rerouted after a series of overnight rocket attacks rendered all but meaningless a ceasefire announced by the United Nations days earlier. Inbound flights were being sent to the city of Misrata, Libyan television reported, noting that there were no reports of injuries from the attacks. The Maitiga International Airport’s Facebook page said ...

Bloomberg The global excitement about electric cars faces a test in New York on Wednesday. China’s NIO Inc., which seeks to take on the likes of Tesla Inc., starts trading on the New York stock exchange after raising about $1 billion selling American depositary shares at $6.26 apiece. The electric-car maker, backed by Tencent Holdings Ltd., priced the stock near ...

Bloomberg Pioneer Corp., once among the world’s hottest names in technology before succumbing to debt and failed expansions, agreed to a bailout from Baring Private Equity. Baring Private Equity will buy as much as $538 million of stock in the Tokyo-based company, according to a filing. But its shares fell 9.3 percent to their lowest in nine years after the ...

Bloomberg Mitsubishi Materials Corp. became the second Japanese firm to be indicted by Tokyo prosecutors for falsifying product data, in a scandal that has rocked the nation’s prized reputation for manufacturing prowess. Three units of the Tokyo-based company — Mitsubishi Aluminum Co., Diamet Corp. and Mitsubishi Cable Industries Ltd. — were indicted on suspicion of breaching Japan’s unfair competition law, ...

Bloomberg Indonesian exporters must keep their earnings in the country to support efforts by the government to rein in the current-account deficit and shield the rupiah, Finance Minister Sri Mulyani Indrawati said. While legislation protects the free movement of capital, authorities want to tighten some rules on exporters amid a rout in the currency, Indrawati said. “In a situation in ...

Bloomberg Developers in Hong Kong are offering perks such as free rail tickets and early move-in dates in a further sign one of the world’s hottest property markets may finally be cooling. In a bid to shift apartments, CK Asset Holdings Ltd. is giving away high-speed rail holiday and travel packages, including accommodation, worth $35,700 for people who agree to ...

Bloomberg Trade associations representing farmers, retailers and manufacturers are joining forces in a new multi-million-dollar campaign to oppose President Donald Trump’s tariffs, in the latest attempt by US business to stop an escalating trade war. Groups lobbying for months to persuade the president that tariffs are the wrong approach have been largely ignored, as Trump slapped duties on billions of ...

Bloomberg European Commission President Jean-Claude Juncker rejected a key plank of the UK’s post-Brexit blueprint, saying that Britain can’t stay in “parts” of the bloc’s single market. Still, he said he would work “day and night” for a divorce deal, boosting the pound. The pound erased losses as investors focused on the positive tone of Juncker’s comments. But his message ...

Bloomberg Tech platforms and internet activists protested the outcome of a European Parliament vote on Wednesday to back copyright rules that would help video, music and other rights holders seek compensation for use of their content online. Alphabet Inc.’s Google, Facebook Inc. and other tech firms may now be forced to negotiate licenses for content that appears on their sites ...