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 ...

  Bloomberg Edelweiss Asset Reconstruction Co., India’s largest bad loan buyer, plans to request a winding up of Bharati Defence & Infrastructure Ltd. under the country’s new bankruptcy law, according to people with knowledge of the matter. The company aims to file a petition in about a month against the Mumbai-based shipbuilder, whose shares have fallen more than 50 percent ...