Uber Technologies Inc.’s initial public offering will be a bittersweet moment for private equity giant Carlyle Group and its London minicab firm Addison Lee Holdings Ltd. Uber will almost certainly join its fellow ride-hailing company Lyft Inc. in securing a nosebleed market value, despite making heavy losses. The investor buzz could benefit Carlyle as it looks to exit from its ...

India needs a minister for investment. Whoever wins the May 23 election count, the next government must find somebody who will boldly open the doors to American and Japanese capital. Another statist intervention in a country that labors under an excess of bureaucracy might not look like much of a solution to anything. But for India to break free from ...

Bloomberg US equity-index futures extended declines on Tuesday alongside stocks in Europe as the gloom surrounding the outlook for global trade refused to dissipate. The dollar gained and Treasury yields were steady. Contracts on the S&P 500, Dow Jones Industrial Average and Nasdaq 100 all retreated as China’s top trade negotiator prepares to visit Washington this week to salvage a ...