Bloomberg Ola, India’s dominant ride-hailing startup, announced its plans to enter the UK, opening yet another overseas front in a fight with global leader Uber Technologies Inc. Ola will initially side-step London, where Uber has just managed to garner a 15-month extension on its operating license, and will instead begin operations in South Wales and Greater Manchester, and is working ...

Bloomberg Bonds that Reliance Communications Ltd. defaulted on last year slumped to a seven-month low on Tuesday, after the Indian mobile operator controlled by billionaire Anil Ambani offered to repay holders at a discount to the principal value. The firm, which is set to meet with bondholders on August 10, has been trying to close a sale of wireless assets ...

Bloomberg Google, the world’s biggest search engine, is welcome to return to China as long as it complies with the nation’s laws and right to control the internet within its borders, the People’s Daily said. The opinion piece in the state-run newspaper said the Alphabet Inc. unit’s 2010 withdrawal from China, when it complained about hacking and censorship, was a ...