Tesla Inc. agreed to buy batteries from South Korea’s LG Chem Ltd. to be used in electric vehicles produced out in China, according to people familiar with the matter.
India may soon roll back a plan to impose an additional levy on foreign investors, a government official said about the decision that will help stem a slide in local equities.
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Wealthy depositors are already being hit. The less well-off are next in the firing line.
Rinat Akhmetov doesn’t like to talk about his early business endeavors in the crime-ridden city of Donetsk in the 1990s, where a bomb killed his business partner during a soccer match.
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