Bloomberg The Philippines has invited Jack Ma and his Alibaba Group to partner with President Rodrigo Duterte in helping to improve technology for governance and to assist in building an inclusive financial system that would aid small businesses, Finance Secretary Carlos Dominguez said. Ma, in a meeting with Philippine government officials in Hangzhou on February 1, said the Philippines had ...

Bloomberg An investor group led by Dalmia Bharat Ltd. with backing from Bain Capital submitted the highest bid for India’s Binani Cement Ltd., which is being sold under the country’s insolvency process, people with knowledge of the matter said. The Dalmia Bharat consortium made a final offer of more than 63 billion rupees ($981 million), according to the people, who ...

Bloomberg Tropical Cyclone Kelvin is crossing the Kimberley coast in Australia’s northwest with destructive winds likely near the center over the next few hours as the storm moves inland, according to the Bureau of Meteorology. Kelvin, a Category 2 system on a scale of one to five, is moving east at 9 kilometers (5 miles) per hour with sustained winds ...