Bloomberg A unit of China Mobile Ltd said the US government should stop putting “unreasonable pressure” on Chinese companies and provide them with a non-discriminatory investment environment, pushing back after its bid to provide phone service in the US was denied. China Mobile International said the Federal Communications Commission’s (FCC) rejection after almost eight years of applications was “without apparent ...

Bloomberg Mukesh Ambani, Asia’s richest man, sealed another deal to expand his retail footprint and add heft in a battle with Amazon.com Inc and Walmart Inc in India. Reliance Brands Ltd agreed to purchase the 259-year-old British toy-store chain Hamleys from CBanner Interna tional Holdings Ltd for almost 68 million pounds ($88.5 million) in cash. The transaction would transform the ...

Bloomberg China’s top security regulator sought to ease concerns about burgeoning stock-market volatility, after the wild price swings capped the worst three-week rout for mainland equities in more than a year. The recent gyrations were due to “external factors,” but these are not the dominant elements in China’s stock-market development, said Yi Huiman, chairman of China Securities Regulatory Commission, in ...