Bloomberg Porsche AG has an ambitious plan to improve operating profit by 6 billion euros ($6.8 billion) over eight years by streamlining operations as the automaker spends more to develop and manufacture electric cars, according to people with knowledge of the matter. Porsche aims to increase earnings before interest and taxes by about 750 million euros annually over a timeframe ...

Bloomberg iDreamSky Technology Holdings Ltd., a Chinese game distributor, has attracted Sony Corp. and JD.com Inc. as cornerstone investors for its planned Hong Kong initial public offering, people with knowledge of the matter said. The Shenzhen-based company plans to start taking investor orders on Monday, the people said, asking not to be identified because the information is private. The firm ...

Bloomberg The Philippines’ richest man Henry Sy will start rolling out robots next year to help customers navigate his massive shopping malls. Initially three androids will be deployed in the first quarter of 2019 in SM Megamall, the nation’s second-biggest shopping centre, said Steven Tan, chief operating officer for the shopping malls of SM Prime Holdings Inc. The talking bots ...