Bloomberg The world’s biggest mining companies producing iron ore from Australia aren’t paying their fair share in taxes, according to a lawmaker who wants a 20-fold raise in a state levy that’s been unchanged since the 1960s and the era of imperial pounds, shillings and pence. The proposal has “overwhelming” support and Rio Tinto Group and BHP Billiton Ltd.’s …

  Bloomberg Xiaomi Corp., one of China’s most valuable technology startups, is shooting for more than 100 billion yuan ($14.5 billion) of revenue in 2017, even as it pledged to slow its pace of business expansion and overhaul an online-focused retail strategy. Chief Executive Lei Jun laid out his goals for the year, which include quadrupling its store network to …

  Bloomberg Blackstone Group LP is considering an offer for Global Logistic Properties Ltd. (GLP), potentially pitting it against Warburg Pincus and a separate Chinese group in the bidding for the $8.6 billion warehouse operator, people with knowledge of the matter said. Warburg Pincus is forming a consortium to bid for the Singapore-based company and has been speaking with banks …