Bloomberg Sony Corp. promoted a marketing executive to become the new chief of its PlayStation business, the second management shuffle in less than two years at one of the company’s most important divisions. Jim Ryan will take over as president of Sony Interactive Entertainment effective April 1 after previously leading the division’s sales and marketing teams, the Tokyo-based company said ...

Bloomberg Tea exports from India, the world’s second-biggest producer, may shrivel this year as a bumper crop in Kenya raises the risk of oversupply. Shipments could drop by 8 million to 10 million kilograms in the year through March from a record of 256.57 million in 2017-18 as Kenya’s output is likely to rise by as much as 60 million ...

Bloomberg Zilingo Pte, a Singapore-based online fashion marketplace, raised $226 million to fund an expansion into the Philippines, Indonesia and Australia. Investors in the series D financing included Sequoia Capital, Temasek Holdings Pte, Burda Principal Investments, Sofina and EDBI, the company said on Tuesday without disclosing a valuation. The startup is valued at $970 million, according to people familiar with ...