Bloomberg China’s antitrust watchdog fined Alibaba Group Holding Ltd and a Tencent Holdings Ltd unit over a pair of years-old acquisitions and said it’s reviewing an impending Tencent-led merger, signalling Beijing’s intention to tighten oversight of internet sector deals. The State Administration for Market Regulation said it’s reviewing the combination of DouYu International Holdings Ltd with Huya Inc, which could ...

Bloomberg Lululemon Athletica Inc — whose founder once body-shamed women on live television — is finding that offering larger sizes can pay off. Sales of women’s garments rose 22% last quarter, reaching pre-pandemic growth levels, the company said on a call with investors after reporting third-quarter results that beat estimates. Executives didn’t specifically attribute the surge to the more inclusive ...

Bloomberg The board of Rolls-Royce Holdings Plc has begun the process of identifying a successor to Chairman Ian Davis, Sky News reported. The search is at a very early stage and an appointment is unlikely to be announced until well into next year, it said, without revealing where it got the information. Davis joined the British jet-engine maker in 2013. ...