Bloomberg GlaxoSmithKline Consumer Healthcare Ltd. is headed for a record high after parent GlaxoSmithKline Plc was said to have requested bids by mid-September for its Indian consumer-health unit. Shares of the Indian unit rose as much as 8.3 percent, the biggest intraday advance since February 14, and were set for a record close in Mumbai. Glaxo has sent out an ...

Bloomberg Australia banned China’s Huawei Technologies Co. and ZTE Corp. from supplying next-generation wireless equipment to the nation’s telecom operators, the latest blow in an escalating global battle over network security. The government gave carriers new security guidance for fifth-generation mobile technology and warned that using government-linked suppliers would risk breaching their obligations. The nature of 5G technology means security ...

Bloomberg A weakening Hurricane Lane has brought record rainfall to Hawaii, where flooding threatens $8 billion worth of homes. In 12 hours, 16.48 inches of rain fell on the Big Island of Hawaii, and daily records were set at Hilo International Airport on Wednesday and on Thursday, the National Weather Service said. Roads on the Big Island have been washed ...