Bloomberg Tata Steel Ltd. shares advanced in Mumbai after the company said first-quarter profit doubled, with results bolstered by rising demand in India and growth in the global market supported by lower exports from China. Net income surged to $279 million in the three months to June, from 9.18 billion rupees a year earlier, according to a statement. Revenue climbed ...

Bloomberg NIO Inc., the electric-car maker backed by technology giant Tencent Holdings Ltd., filed for a $1.8 billion initial public offering as it gears up to compete against the likes of Tesla Inc. The company applied to list its American depositary shares on the New York Stock Exchange under the symbol NIO, and the $1.8 billion registration amount is a ...

Bloomberg Singapore hasn’t received any formal request from Malaysia to return financier Low Taek Jho’s private jet, part of the billions of dollars in assets that PM Mahathir Mohamad is seeking to claw back. “An aircraft that is the subject of ongoing 1MDB-related investigations is parked at Seletar Airport,” a representative for Singapore’s police said in response to queries. “Singapore ...