Bloomberg A management consortium backed by TPG Capital has bid for a fiber telecommunications network controlled by India’s Tata Group, people with knowledge of the matter said. The suitors offered $1 billion for fiber assets and related businesses owned by the Indian conglomerate’s Tata Teleservices Ltd. unit, according to the people, who asked not to be identified because the information ...

It cannot be a sign of social health that the number of tweets per day worldwide exploded from 5,000 in 2007 to 500 million six years later. And this might be related, by a few degrees of separation, to the fact that whereas in the 1992 presidential election more than one-third of America’s 3,113 counties or their equivalents had a ...

Among the most important questions facing China’s economy is this: How stable are the banks? The big picture is pretty well known, and ugly. Debt stands at nearly 300 percent of gross domestic product. Some analysts think the non-performing loan ratio —officially at 1.74% —may actually be as high as 25%. Even state media is promising a ‘war on financial ...