Bloomberg Hindalco Industries Ltd. is among potential buyers that submitted bids for US aluminum producer Aleris Corp., people with knowledge of the matter said, as Indian billionaire owner Kumar Mangalam Birla moves ahead with plans to expand his overseas operations. Mumbai-listed Hindalco made a non-binding offer through its US unit, Novelis Inc., and will now conduct due diligence, according to ...

Bloomberg Thousands of tourists have floated in a hot-air balloon over Myanmar’s historic Bagan plains dotted with more than 2,200 ancient Buddhist temples, pagodas and monasteries. Chances are they rode one of Memories Group Ltd.’s inflatables. The company, the largest operator of balloons in the area, rose 48 percent above its placement price in its debut session on the Singapore ...

Bloomberg Takata Corp., the parts supplier that filed for bankruptcy after sparking the largest auto recall in history, called back 3.3 million air bags as part of a US order that scheduled repairs of the potentially deadly devices over several years. The supplier identified at least 15 automakers that purchased the air bags, including Toyota Motor Corp., Honda Motor Co., ...