Alibaba Group Holding Ltd.’s potential plan to raise $20 billion in Hong Kong is huge. That’s not just because $20 billion is a lot of money. After going public in New York, the Chinese e-commerce giant is considering a secondary listing in Hong Kong, Bloomberg News reported– a coup for the city that’s still sore from missing out on the ...

At the time of his first bid to become India’s prime minister five years ago, Narendra Modi was seen by many in Mumbai as a reformer rising to slay crony capitalism, corruption and policy paralysis. It was the bureaucracy in New Delhi that had misgivings about the then chief minister of Gujarat state, known for his highly centralized style of ...

Bloomberg Forget drones. The future of deliveries may be robo-vans. A Chinese startup called Neolix kicked off mass production of its self-driving delivery vehicles — saying it’s the first company globally to do so — and has lined up giants such as JD.Com Inc and Huawei Technologies Co as customers. Neolix expects to deliver a thousand of the vehicles, which ...