Bloomberg Excluding China’s Huawei Technologies Co and ZTE Corp from the next generation of mobile networks would lumber European phone companies with 55 billion euros ($62 billion) in extra costs, the wireless industry’s main lobby group said. A global ban advocated by US President Donald Trump would also delay the rollout of the high-speed 5G networks by at least 18 ...

Bloomberg Wanda Sports Group Co, a unit under Chinese billionaire Wang Jianlin’s conglomerate Dalian Wanda Group Co, filed to go public in the US with a goal of raising funds to pay down debt. The Beijing-based company, which has had partnerships with FIFA and the Chinese Basketball Association, owns sports properties and generates revenue from events, sponsorship and media pacts. ...

Bloomberg Singapore’s second-largest property developer is offering to buy out shareholders of Millenium & Copthorne Hotels Plc in a deal that would value the company at $2.84 billion. City Developments Ltd said in a statement that it has made a final offer for the London-traded hotel chain at 685 pence per share, representing a 37 percent premium to this week’s ...