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Bloomberg SoftBank Group Corp. and a group of investors are trying to buy a stake in Uber Technologies Inc. at a sizable discount to the company’s $69 billion valuation, seeking to clinch what would be one of the largest purchases of stock in a private company. SoftBank and partners including investment firms Dragoneer Investment Group and General Atlantic are offering ...

Bloomberg Gaw Capital Partners and Goldman Sachs Group Inc. are part of a consortium buying a portfolio of shopping malls in Hong Kong from Link Real Estate Investment Trust for HK$20 billion to HK$25 billion ($2.6 billion to $3.2 billion), according to people familiar with the matter. Gaw will be the largest investor in the deal, while Goldman Sachs will ...

Bloomberg Property developers’ shares have beaten every industry group in India this year, drawing criticism from some analysts who say the gains are overdone. V. Srivatsa, a fund manager at the $23 billion UTI Asset Management Co., sees it differently. There’s more juice left in real-estate stocks as steps taken by the government to aid the industry that was one ...

Bloomberg Hong Kong is eroding Singapore’s home advantage. Fourteen companies based in the Southeast Asian city have chosen to list on their home stock market this year, compared with 13 on the bourse operated by Hong Kong Exchanges & Clearing Ltd., according to data compiled by Bloomberg. That’s the biggest Singapore contingent in the North Asian city in at least ...

Bloomberg Anglo-Dutch consumer-goods giant Unilever wants to consolidate its headquarters in the UK or the Netherlands, but Brexit is making it harder to choose. The maker of Ben & Jerry’s ice cream and Dove soap said in a statement that a review of the dual structure is “progressing well,” after CEO Paul Polman told the Financial Times he would advocate ...

Bloomberg Doctor-appointment booking startup Doctolib SAS has raised 35 million euros ($42 million) in new funding as it seeks to become the biggest provider of scheduling software to health-care professionals in Europe. Doctolib, which raised 26 million euros in January, is now valued over $200 million, according to a person close to the fund raising. Eurazeo SA, an investment firm ...

Bloomberg London homes are less affordable than ever before, despite slowing price growth and government attempts to cut the cost of housing for first-time buyers. It now costs the average Londoner 14.5 times their annual salary to purchase a home, the highest level on record, according to a report by researcher Hometrack. Cambridge, Oxford and the English seaside town of ...

Bloomberg Mercedes-Benz, conducting the biggest test using drones to ship everyday items like ground coffee and cellphones, said the mini aircraft completed 100 drop-offs to strategically placed vans in Zurich with a perfect safety record and more deliveries are planned for next year. About 50 individual customers placed orders with Swiss online shopping platform Siroop, choosing “airmail deals” from selected ...

Bloomberg Fiat Chrysler Automobiles NV denied a report that the carmaker could be fined for manipulating French diesel-emissions tests, saying the allegations have no basis and that its vehicles comply with the law. The Italian company hasn’t been charged with any offense and is cooperating with French authorities, Fiat Chrysler said in an emailed statement. French newspaper Le Monde reported ...

Bloomberg Hillary Clinton hit out at both US President Donald Trump and Chinese leader Xi Jinping in remarks via video to a conference in Beijing. Clinton, a former secretary of state, said the Trump administration had retreated from diplomacy. She called on both the US and China to avoid “bluster” or “personal taunts” in dealing with North Korea, and said ...