Bloomberg Huawei Technologies Co reported a 23 percent rise in revenue to 401.3 billion yuan ($58 billion) in the first half as the Chinese telecommunications giant withstood US efforts to curb its business. The profit margin for period was 8.7 percent in the six months ended in June, the Shenzhen-based company said in a statement. Smartphone shipments for the half ...

Bloomberg A consortium that includes US cable giant Comcast Corp, James Murdoch’s Lupa Systems and Blackstone Group Inc has made an offer for a stake in Zee Entertainment Enterprises Ltd, India’s largest private broadcaster, people familiar with the matter said. The group plans to snap up a 51 percent stake, which has a market value of about 190 billion rupees ...

Bloomberg BMW and Audi will skip this year’s Tokyo Motor Show, leaving Daimler’s Mercedes-Benz as the only major foreign luxury carmaker to showcase its models in Japan’s biggest auto industry event. Audi parent Volkswagen AG, Peugeot SA and Volvo Cars will also be absent this year, according to organiser Japan Automobile Manufacturers Association (JAMA). In the past, the companies were ...