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  Bloomberg Alibaba Group Holding Ltd.’s on- demand services unit is close to securing $1.2 billion of funding for expansion after getting backing from first-time investors including Silver Lake Management and China’s sovereign wealth fund, people familiar with the matter said. The latest round for Koubei, which deals in local services such as food delivery, will surpass a $1 billion ...

  Bloomberg Shareholders of Tata Motors Ltd. voted to oust independent director Nusli Wadia from the automaker’s board, bringing the owner of Jaguar Land Rover closer to parent Tata Sons Ltd., the holding company of India’s largest conglomerate. About 71 percent of the investors who voted agreed to remove Wadia at a special shareholder meeting in Mumbai on Thursday, according ...

  Bloomberg Coal’s recovery was one of the biggest surprises in commodities this year, but it’s all poised to end as output rises from China, producer of half the world’s supply. After half a decade of declines, European prices rebounded more than 80 percent as China, also the world’s biggest consumer of the fuel, boosted imports. Benchmark month-ahead contracts will ...

  NEW YORK / AP Super Mario might be running, but a hefty price tag for a mobile game just won’t fly with the masses. The world so far is underwhelmed by “Super Mario Run,” which Nintendo released for the iPhone last week. This is no “Pokemon Go,” which captivated millions of players in their quest to collect digital monsters ...

  AFP On Amazon’s streaming game platform Twitch, the world of gaming is being intermingled with real life. A feature unveiled by Amazon called IRL — the acronym for “in real life” — lets people broadcast moments from their lives as part of game play. Amazon called this feature “a new content category designed to both enable and encourage Twitch’s ...

  LOS ANGELES / AP Parents spend more than nine hours a day with TVs, computers and other screen devices while also giving themselves high marks as role models for their children’s media use, according to a survey. Among all those surveyed — nearly 1,800 parents in the US — daily screen time averaged nine hours and 22 minutes, with ...

  Relaxnews A Czech company opened a production line for batteries based on nanotechnology, which uses tiny parts invisible to human eyes. The batteries are touted as potentially more efficient, longer-lasting, cheaper, lighter and above all safer. The automatic line will operate for several months to get all necessary certifications. Then, Prague-based company HE3DA said Monday it is ready to ...

  Relaxnews French fashion house Dior has unveiled the advertising campaign for its spring/summer 2017 collection, the first ready-to-wear line overseen by new creative director, Maria Grazia Chiuri. In the spirit of the catwalk show, which previewed the collection in September, the Italian designer’s feminist values play a key role in the project, designed by, with and for women. The ...

  Relaxnews 2016 was a generous year in terms of celebrity beauty, with fans treated to more than one daring red carpet look. Here are some of the most striking. ALICIA KEYS, MTV VMAS: Singer Alicia Keys wins the awards for the boldest beauty move of 2016, hands down. In June, the star wrote an essay titled “Alicia Keys: Time ...

  Relaxnews Pantone has officially declared ‘Greenery’ as the color of 2017, and cosmetics brand Butter London has wasted no time in releasing the official nail polish hue to match. But how else can you work the shade into your beauty look? You can wear the exact, Pantone-approved shade of ‘Greenery’ on your nails, thanks to Butter London, which has ...