By making a bid to push Reliance Communications Ltd into bankruptcy, China Development Bank (CDB) has one what Indian lenders were trying their best to avoid. But now that it’s pulled the trigger, State Bank of India and other domestic creditors won’t be terribly unhappy. The Indian wireless company owes one fifth of its $7 billion debt to CDB, which organized ...

Recent developments in the media world are suddenly highlighting the takeover value of also-ran TV-network operators such as AMC Networks Inc. and Viacom Inc., just as many of their stocks trade near lows. AT&T Inc.’s pending acquisition of Time Warner Inc., the parent of HBO, has been hogging the media spotlight, with the US Justice Department suing to block the ...

Bloomberg Apple Inc. is designing its own power-management chips for use in iPhones from as early as 2018, reducing its dependence on Dialog Semiconductor Plc, Japan’s Nikkei reported, without identifying its sources. The report sent Dialog plunging the most in almost eight months. Such chips handle charging and power-management functions in smartphones, and UK-based Dialog relies on Apple for about ...