Bloomberg Business

Paraguay’s Leader Defends Ties With Economic Model Taiwan

Paraguay’s leader defended his nation’s diplomatic ties with Taiwan and held up the Asian economy’s shift from agriculture to manufacturing as a model to follow, resisting domestic pressures to align with China instead.

Azerbaijan Ends Attack on Armenians as Putin Weighs In

Azerbaijan halted military operations in the disputed Nagorno-Karabakh region after Armenians in the territory said they’d agreed to disband their forces following an intervention by Russia.

GM and UAW Remain Far Apart, CEO Barra Calls Demands Too Costly

General Motors Co. and the United Auto Workers remain far apart on a deal after the union rejected the automaker’s offer from five days ago that would raise average compensation to $150,000 a year, say people familiar with the matter.

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