Bloomberg Alipay is chasing Chinese tourists to Japan, where it’s signing up a growing number of retailers and eyeing the long-term potential of the nation’s $45 billion digital payments market. The volume of payments processed on Alipay in the country swelled about eight times in the 12 months to September, said Genki Oka, Japan chief executive officer of Ant Financial, ...

Bloomberg Tanzania said Bharti Airtel Ltd.’s local unit belongs to state-owned Tanzania Telecommunications Co., a claim that sets up an ownership dispute between the government and the Indian phone operator. “Airtel, according to the information we have,” is an asset of Tanzania Telecommunications Co., President John Magufuli said on the East African country’s national broadcaster, TBC. “A terrible game was ...

Bloomberg Brazil is expecting to see about 27 billion reais ($8.2 billion) invested into the country’s energy infrastructure over the next six years, the result of an end-of-year flurry of auctions aimed at boosting its electricity capacity. Energy companies won contracts to build about 5,000 kilometers (3,100 miles) of new power lines and more than 4.5 gigawatts of power plants, ...