Flipkart’s bringing in the big guns. India’s leading e-commerce company looks set to team up with Walmart Inc., garnering the startup a valuation of as much as $20 billion in return for a stake that could be as large as 20%, Bloomberg’s Saritha Rai reported recently. There’s a lot that Flipkart Online Services Pvt could do with around $4 billion ...

No doubt about it — The Bank of England is hawkish, and it is ready to embark on a rate-hiking cycle. Sterling took an instant leap higher to the dollar, and 10-year gilt yields rose to the highest levels seen since April 2016. Governor Mark Carney and the rest of the Monetary Policy Committee are leaving a lot to chance ...

‘It seems surreal to me,’ said Elon Musk, proprietor of SpaceX, and for once he was understating things. On Fenruary 6, his company blasted a 230-foot rocket into orbit, returned its two side boosters to Earth for a flawlessly synchronized landing, and — with exquisite nerd flair — propelled Musk’s own Tesla Roadster toward deep space, where it’s expected to ...