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Scottish parliament rejects Brexit bill in challenge to May

Bloomberg The Scottish Parliament voted against Theresa May’s landmark Brexit legislation, setting up a potential constitutional crisis and further complicating the path to an orderly departure. Lawmakers in Edinburgh voted 93-30 to withhold consent for the EU withdrawal bill. The UK can disregard the vote, but it would be the first time London asserts its dominance over the regional parliament. ...

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Ericsson wins plea to push Anil Ambani’s RCom into insolvency

Bloomberg An Indian tribunal ordered billionaire Anil Ambani’s Reliance Communications Ltd. be placed under insolvency proceedings, jeopardising the phone company’s proposed $3.7 billion asset sale to Reliance Jio Infocomm Ltd. The Mumbai bench of the National Company Law Tribunal on Tuesday accepted a petition from the Indian unit of network-equipment maker Ericsson AB, which is seeking to recover 11.6 billion ...

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SoftBank eyes another $100bn for Fund 2.0

Bloomberg Masayoshi Son, the founder and chief executive officer of SoftBank Group Corp., is already thinking about his next $100 billion venture — a version 2.0 of the world’s biggest technology fund, according to people familiar with the matter. The Japanese entrepreneur has held preliminary discussions with investors about committing to a second fund as early as 2019, the people ...

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