Bloomberg Soon after he became president of the Philippines in 2016, Rodrigo Duterte ordered government officials “to refrain from changing and bending the rules of government contracts.” Halfway through his six-year term, Duterte’s commitment is under question. In December, the firebrand leader ordered the renegotiation of long-agreed contracts for Manila Water Co and Maynilad Water Services Inc to supply the ...

Bloomberg After ousting his protege-turned-foe from the helm of Tata Sons Pvt in a boardroom coup three years ago, Ratan Tata was looking forward to a partial retirement. Instead, he’s fighting the battle all over again — this time in a court. India’s Supreme Court is expected to hear as early as this week an appeal by the $111-billion conglomerate ...

Bloomberg India’s main services index rose to the highest level in five months in December as improving new work orders helped boost activity in the country’s dominant sector. The seasonally adjusted Markit India Services PMI index climbed to 53.3 from 52.7 in November, suggesting a strong end to the calendar year. The level was the highest since July. A reading ...