Bloomberg Global oil majors BP Plc and Rosneft PJSC are eyeing a piece of India’s $117 billion retail market for fossil fuels, threatening to shake up government-owned companies that have faced little competition for a decade. BP has already secured licenses to open as many as 3,500 fuel stations in the world’s second most-populous nation. Rosneft gained access to ...

  Bloomberg China United Network Communications and Baidu Inc. agreed to collaborate on areas ranging from mobile internet to artificial intelligence amid government plans for ownership reform of state-owned enterprises. China United Network, the state-owned parent of Hong Kong-listed China Unicom Hong Kong Ltd., said on Wednesday it will cooperate with Baidu including on big data and basic telecommunication services. ...

  Bloomberg Marriott International Inc., the world’s biggest hotel operator, is betting its future in Asia on the growth of leisure tourism, particularly from China. “We look at the long term and we feel very bullish,” Craig Smith, Marriott’s Asia-Pacific president and managing director, said in an interview in Sydney. The company plans to more than double its number of ...