Bloomberg Business

Taiwan’s Tsai Meets With Top House Democrat Hakeem Jeffries

Taiwan President Tsai Ing-wen, whose visit to the US led to efforts by the Biden administration to avoid a fresh dispute with China, met this week with the top House Democrat, Hakeem Jeffries, according to a person familiar with the encounter.

Mexico Sees Inflation Slowing to 4% in 2024 as Economy Grows 3%

Mexico will grow 3% this year and next, with inflation slowing to 4% and the government posting a primary surplus as President Andres Manuel Lopez Obrador wraps up his term, according to a first draft of the 2024 budget presented by the Finance Ministry on Friday.

GM Sees Edge in EV Market From New US Tax Credit Rules

General Motors Co. expects most electric vehicles made using its Ultium battery to be eligible for US tax credits, giving it an edge over competitors whose vehicles may no longer qualify for the benefit.

Toyota’s Shift to Electric Future Rests on Koji Sato’s Shoulders

When a vintage car shop in Nagano Prefecture found a buyer for a restored AE86 Corolla from a bygone era, nobody expected Koji Sato, then head of Toyota Motor Corp.’s luxury brand Lexus, to walk in and banter with the shop owner before picking up the iconic sports hatchback.

Maduro Foes Can’t Get Money for Lawyers After Guaidó’s Ouster

Venezuela’s opposition leader Leopoldo López said that a void in the group’s leadership, following the ousting of Juan Guaidó as its recognized president, has made it “impossible” to pay for legal representation to defend the dozens of billion-dollar lawsuits that the nation faces in the US.

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