Bloomberg China Inc is struggling to offload overseas businesses and the accompanying debt in an increasingly volatile market. In just a few weeks, companies from yacht makers to luxury clothing and pizza outlets — acquired by Chinese firms in recent years — have either scrapped planned initial public offerings or sought alternatives to reduce their debt piles. Ferretti SpA, the ...

Bloomberg India plans to introduce rules to regulate social media because it can cause “unimaginable disruption” to democracy, PM Narendra Modi’s government said in a legal document filed in the nation’s Supreme Court. The government needs three months to formulate the rules to regulate social media platforms offered by companies such as Twitter and Facebook to curb circulation of fake ...

Bloomberg An auction next month of oilfields in Brazil may be the priciest ever held, raising at least $50 billion in licensing fees and compensation, according to people familiar with government estimates. Exxon Mobil Corp., Royal Dutch Shell Plc and other energy giants are set to vie for deep-sea deposits that could hold 15 billion barrels of oil, almost twice ...