In most places, government ministers would be happy to hear that someone intends to invest a billion dollars in their country. Not in today’s India. Late last week, Amazon.com Inc.’s Jeff Bezos announced that he would be pumping another billion into the online retailer’s India arm; in response, India’s commerce minister, Piyush Goyal, said that “it is not as if ...

This time, it might just work. Telenor ASA and Kuala Lumpur-based Axiata Group Bhd. are back at the negotiating table. Joining forces in South and Southeast Asia still makes sense for both carriers. Options including a mooted minority investment from Norway’s $27 billion telecoms heavyweight could be enough to get them started, with sales and spinoffs to follow. Talks for ...

The world’s largest car market is cratering and there are few signs of a recovery. It was never supposed to get this bad — and even if it got close, a helping hand from Beijing would steer things out of any prolonged trouble. Or so people thought… Instead, passenger car sales in China fell 9.5% last year, more steeply than ...