Bloomberg Walmart Inc. is in discussions to spend about $7 billion to become the largest investor in India’s leading e-commerce company, according to people familiar with the matter, a move that would put the US retailer in competition with Amazon.com Inc. in one of the most promising online retail markets. The Bentonville, Arkansas-based retail giant plans to buy about a ...

Bloomberg UK Trade Secretary Liam Fox said he urged US officials to reconsider imposing steel and aluminum tariffs on the European Union this week, suggesting the move has upset America’s allies more than the main culprit for overcapacity, China. The EU and other foreign trading partners are seeking exemptions to the 25 percent tariffs on imported steel and 10 percent ...

Bloomberg Myanmar said a planned $2.5 billion redevelopment of the six-decade-old railway station in Yangon will get underway around June once contract negotiations are completed. Talks with the preferred bidder for the revamp of the 25.7 hectare (63.5 acre) site in the commercial capital will take about two months, U Win Khant, permanent secretary at the Ministry of Transport and ...