Bloomberg NWP Retail, a shopping mall developer backed by Warburg Pincus LLC, will spend $123.5 million buying five Lippo shopping malls in Indonesia. Two shopping malls will be acquired from the Indonesian units of Singapore-listed Lippo Malls Indonesia Retail Trust for $92 million while another three will be bought for $31.5 million from entities owned by PT Multipolar. The acquisitions …

Bloomberg Winter storms that delivered cold rain and ice to much of the Northeast and snow to the Midwest left more than 100,000 homes and businesses without power and caused more than 500 flight delays. The storms also produced treacherous road conditions, reduced visibility and knocked down power lines in an area that stretched from North Dakota, Minnesota and northern …

Bloomberg Oil rose for a fifth session, the longest run of gains since July, as a bigger-than-forecast decline in US crude stockpiles eased oversupply concerns. Futures climbed 0.6% in New York after closing at the highest level in three months. American crude supplies fell by 5.47 million barrels in the week ended December 20, more than three times the median …