Chinese carmaker BYD Co. may be getting some bad news as it prepares to start selling in the U.S. next year. A planned reduction in government subsidies and a phase-out of interest-rate controls threaten to raise costs for it and thousands of companies across China.
Veolia Environnement SA, Europe’s largest water utility, advanced the most in six months in Paris trading after forecasting higher profit this year and proposing the renewal of Chief Executive Officer Antoine Frerot’s term.
Convenience store chains Lawson Inc. and Seven & I Holdings Co. are so sure Japan’s aging farmers can’t meet demand for fresh vegetables that they’re investing in cropland and training young people to work the fields.
Veolia Environnement SA wants to almost double sales from the food processing industry within the next few years as part of an effort by Europe’s biggest water utility to boost contracts with industry.