Bloomberg Discovery Ltd, South Africa’s third-largest insurer by market value, said it has set up a partnership with Japan’s Sumitomo Life Insurance Co and SoftBank Group Corp to develop and introduce products for the world’s third-largest economy. Discovery’s Vitality program, which rewards members for exercising and eating healthy, will be introduced through Sumitomo and use SoftBank’s technological and digital ...

  Bloomberg India’s market regulator is forecasting initial public offerings to reach a record in the year ending March, as improved corporate governance standards and an equities rally attracts investors. Twenty one first-time sales raised 49.4 billion rupees (US$735 million) in the quarter ended June, more than in any comparable period since 2010, data compiled. Eighteen offerings seeking 61 billion ...

  Bloomberg U.S. stocks rose, sending the S&P 500 Index to a record, and the dollar strengthened as speculation mounted that central banks from Japan to Europe won’t be in a rush to add to unprecedented stimulus. Emerging-market assets and commodities retreated. The S&P 500 capped a fourth weekly gain as a preponderance of earnings reports topped estimates. Verizon Communications ...