Bloomberg India’s richest man isn’t done yet. After plowing $25 billion into starting a national fourth-generation mobile network, billionaire Mukesh Ambani is spending more to boost coverage amid complaints from its largest rival that his free services are hurting competition. Reliance Jio Infocomm Ltd., a closely held unit of Ambani’s Reliance Industries Ltd., plans to raise 300 billion rupees ...

  Bloomberg Iron ore has carried last year’s bullish momentum into the start of 2017, with prices rallying to a two-year high amid speculation that China’s demand for overseas ore will hold up even as the world’s largest miners bring on new capacity. Ore with 62 percent content in Qingdao in China climbed 3.9 percent to $83.65 a dry metric ...

  Bloomberg Dalian Wanda Group Co.’s revenue fell for the first time in at least 11 years after a slump in its property business outweighed growth from entertainment operations at billionaire Wang Jianlin’s conglomerate. Sales, which includes property-contracted sales, declined 14 percent in 2016 from a year earlier, according to a Wanda statement, more than a January 2016 forecast of ...