Bloomberg China isn’t just buying Australia’s coal assets, it’s also expanding access to the limited infrastructure needed to ship it globally. Yancoal Australia Ltd.’s $2.45 billion purchase of the biggest slice of Rio Tinto Group’s coal operations will double the Chinese-owned miner’s output in the country. The deal also includes a 36.5 percent stake in Port Waratah Coal Services ...

  Bloomberg Line Corp.’s fourth-quarter profit and sales fell short of analysts’ estimates, as advertising revenue growth failed to make up for declines in mobile game and digital stamp offerings. Operating profit was 1.6 billion yen ($14 million) in the three months ended Dec. 31, according to calculations based on full-year numbers released by Line on Wednesday. That’s less than ...

  Dubai / Emirates Business Having a long-term energy plan will boost sustainable long-term investments in the UAE, says a London Business School expert. This month, the UAE government unveiled a three-decade energy plan that aims to save the country billions of dirhams while still sustaining economic growth. Commenting on the new Energy Plan, Ioannis Ioannou, Associate Professor of Strategy ...