Bloomberg Business

EU Strives to Win a Bigger Say in China’s Backyard

The European Union offered closer political and investment ties to some 20 countries from across the Indo-Pacific region, as the bloc seeks more influence despite ever-growing Chinese and US ambitions.

Stellantis, LG Energy Spar With Canada Over EV Battery Plant

Automaker Stellantis NV said it will begin implementing “contingency plans” with its South Korean partner for electric vehicle battery production as they negotiate with Canada for more financial aid to build a new plant.

Jimmy Lai’s Son Warns Firms on Hong Kong Reopening

The son of jailed media tycoon Jimmy Lai is warning Western businesses about investing in Hong Kong as the Asian financial center attempts to re-brand itself and lure foreign firms after strict travel curbs kept the city isolated during the pandemic.

Germany Announces Record €2.7B in Military Aid for Ukraine

Germany is preparing new military aid for Ukraine worth more than €2.7 billion ($2.9 billion), including tanks and anti-aircraft systems, the country’s defense ministry said ahead of a possible visit by President Volodymyr Zelenskiy.

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