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China Unicom, Baidu to collaborate amid ownership reform

  Bloomberg China United Network Communications and Baidu Inc. agreed to collaborate on areas ranging from mobile internet to artificial intelligence amid government plans for ownership reform of state-owned enterprises. China United Network, the state-owned parent of Hong Kong-listed China Unicom Hong Kong Ltd., said on Wednesday it will cooperate with Baidu including on big data and basic telecommunication services. ...

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China’s tourist ‘tsunami’ holds key to Marriott’s growth in Asia

  Bloomberg Marriott International Inc., the world’s biggest hotel operator, is betting its future in Asia on the growth of leisure tourism, particularly from China. “We look at the long term and we feel very bullish,” Craig Smith, Marriott’s Asia-Pacific president and managing director, said in an interview in Sydney. The company plans to more than double its number of ...

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Tata to seek nod to end Docomo spat

  Bloomberg Tata Sons Ltd., reversing course after ousting Chairman Cyrus Mistry, plans to seek Indian approval to pay $1.17 billion to estranged partner NTT Docomo Inc. as it looks for an amicable solution to their legal tussle, people with knowledge of the matter said. Ratan Tata, who suddenly returned to the helm of India’s largest conglomerate last week, has ...

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