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Bloomberg Ford Motor Co. and its Indian partner Mahindra & Mahindra Ltd. could create their own electric car line in the country to help battle pollution from the vehicles clogging India’s roads, Chairman Anand Mahindra said. Mahindra & Mahindra, which already sells the e2o micro electric car, would be open to creating a new electric vehicle line in India with ...

Bloomberg Hailing an Uber in India is a whole different game. Addresses are non-existent or rarely useful, while most people are using older smartphones in a place with limited mobile-data speeds. To tackle such challenges, Uber Technologies Inc. is rolling out new features in the world’s second-most populous nation. Customers can book rides on a new, lighter web-based version of ...

Bloomberg Chow Tai Fook Jewellery Group’s profit increased for a second consecutive six-month period as demand for gold products lifted sales at the world’s leading jewellery retailer. Net income rose 46 percent to $228 million in the six months through September, the Hong Kong-based company said in a statement on Tuesday. Revenue climbed 15 percent to HK$24.8 billion. The results ...

Bloomberg One of the world’s best-performing equity gauges is set for further gains in 2018 as tech giant Tencent Holdings Ltd. and consumer stocks drive it higher, according to Shanghai-based money manager Wang Menghai. The Hang Seng Index has led the charge among Asia’s biggest markets this year, rising 36 percent. Tencent, which has now overtaken Facebook Inc. in market ...

­­­­­­­­­­­Bloomberg The quest to renew NAFTA is slowing to a crawl as Canada and Mexico tiptoe around America’s most controversial proposals, throwing into doubt the ability of the three nations to reach a quick deal. The US is frustrated with the reluctance of Canada and Mexico to present counter-proposals on key issues such as regional content rules for cars, which ...

Bloomberg Guangzhou Automobile Group Co. (GAC) is in talks with Fiat Chrysler Automobiles NV to deepen their tie-up in China, as the world’s largest car market looks to relax some regulations and the Chinese maker prepares to sell its own Trumpchi brand in the US. Models, production and sales are at the core of the discussions with Fiat Chrysler, Guangzhou ...

Bloomberg Nestle SA is among companies exploring a purchase of Hain Celestial Group Inc., a US maker of organic and vegetarian food, according to people familiar with the matter, as the Swiss giant seeks to expand into healthier fare. The Vevey, Switzerland-based company has held preliminary talks about purchasing all or parts of Hain Celestial, said the people, who asked ...

Bloomberg France and the Netherlands won the contests to host two London-based European Union agencies in the first concrete political victories in the battle for Brexit spoils. The EU’s banking authority will move to Paris and the medicines regulator will relocate to Amsterdam by the time Britain departs from the 28-nation bloc in March 2019. The two cities emerged victorious ...

Bloomberg Cranberries might be a staple on Thanksgiving tables, but a glut of US supplies has gotten so large that fruit could be headed to the compost pile. Just as demand is hitting its seasonal peak, American processors are anxiously awaiting government approval that would allow them to turn excess fruit into fertiliser. The programme would be the first of ...

Bloomberg Prime Minister Theresa May is ready to put more money on the table to settle the Brexit divorce bill — but the Brits are plugging away at get-ting the European side to give her something in return. “We’re headed in the right direction and what matters now is that the UK and EU take a step forward together,” James ...