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Uber places bet on India in deal with cricket star

Bloomberg Uber Technologies Inc has named India’s cricket captain—one of the world’s most expensive sports celebrities— as brand ambassador, signaling that while it may be ceding ground in Southeast Asia, it’s still trying to grow in the subcontinent. Virat Kohli would be its first brand ambassador in India in a “one of its kind initiative across the Asia Pacific region”, ...

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Drug developer Hua picks Hong Kong for IPO

Bloomberg Hua Medicine Ltd., a Shanghai-based developer of diabetes drugs, has picked Hong Kong over the US for its initial public offering as the Asian financial hub makes a push for biotech listings, people with knowledge of the matter said. The biotech drug developer is working with advisers Goldman Sachs Group Inc., CLSA Ltd. and UBS Group AG on a ...

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Swiss cryptocurrency haven lands in $1 billion US lawsuit

Bloomberg All is not well in Crypto Valley. One of the highest profile digital-currency projects in Switzerland, a country that’s been among the most enthusiastic advocates for cryptocurrencies, is under fire from both outsiders and insiders over allegations of false marketing and mismanagement, prompting its president to resign. Now the Tezos Foundation, which raised $232 million in an initial coin ...

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