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Alibaba goes global to hit Singles’ Day record

Bloomberg Alibaba Group Holding Ltd. is looking beyond borders to turn its annual Singles’ Day shopping celebration into a global phenomenon. This Sunday, the Chinese internet giant is including sales from Lazada, the online shopping mall it controls. Southeast Asia’ biggest web retailer is becoming a key part of Alibaba’s plan to fuel growth, on top of the company’s efforts ...

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‘Bharti Airtel’s ratings may be downgraded to junk’

Bloomberg Bharti Airtel Ltd.’s rating has been placed on review for downgrade by Moody’s Investors Service on concern the cash flow generation at India’s second-biggest mobile phone carrier will remain weak. The Baa3 issuer and senior unsecured rating of the company has been placed on review for a cut, Moody’s said in a statement. The review also reflects Bharti Airtel’s ...

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Streamcast weighs London IPO

Bloomberg Streamcast Group, a firm whose technology enables streaming services and boosts networks in emerging markets, is considering an initial public offering as soon as next year, people familiar with the matter said. The company is aiming to list in London, though it’s also considered other venues, the people said, asking not to be identified because the deliberations are private. ...

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