Bloomberg Tata Group-controlled Indian Hotels Co Ltd has joined hands with Singapore’s wealth fund, GIC Pte, to invest as much as $600 million over three years in buying hotels in India. The partners will acquire fully-operational hotels mainly in the luxury, upper scale and upscale segments and house these in a separate special purpose vehicle with its own funding, according ...

Bloomberg Alibaba Group Holding Ltd faces complaints from six European consumer organisations into allegedly unfair user terms for its online retail service, arguing some of the clauses violate European Union law. Consumer groups, including from France, Spain, Italy and the Netherlands, filed complaints with national regulators to probe “unclear” and “problematic contract terms and practices” for AliExpress users in the ...

Bloomberg The US “purely fabricated” accusations that Chinese authorities had been forcing foreign companies to transfer technology, according the flagship newspaper of the Communist Party, saying it was an old argument to suppress the country’s development. The US hasn’t been able to provide examples of cases where overseas companies had to do so despite repeated requests by China for evidence, ...