Xiaomi Corp. is going to double down on India. Literally. Chairman and CEO Lei Jun sat down with Bloomberg's Saritha Rai and Jason Gale in Bangalore this week to explain how he plans to resume rapid growth.
“Start,” though, is the operative word. If the country’s new national goods-and-services tax does go into effect in July, which looks more likely now that Parliament has passed the requisite legislation, that will be wo
The worst may be over for Xiaomi Corp. The Chinese smartphone maker once compared with Apple Inc. has resumed growth and global revenue should surpass $15 billion this year as an expensive gamble on India pays off, billionair
Following calls from global retail giants such as Wal-Mart Stores Inc. and Tesco Plc, Prime Minister Narendra Modi is set to decide by November whether India is prepared to ease strict rules on food retailers, a minister said
Investors who put money into U.S. index funds usually aren’t looking for surprises. Those who bought into the Russell 2000 recently got one anyway: a little-known Chinese stock that went crazy for no apparent reason.
The UK will start the clock on two years of negotiations to withdraw from the European Union on Wednesday, a divorce that will redefine the country’s relationship with its largest trading partner and bring to an end decades
An election promise to farmers in the politically sensitive state of Uttar Pradesh is coming back to haunt Prime Minister Narendra Modi, as other states demand the federal government offer an agriculture bailout package acros
While India’s on track to meet its deadline for a much-delayed national sales tax, implementation is seen as a test in the nation that has more states than the EU has members and a population twice that of North America.
Scottish lawmakers backed plans by the nationalist government in Edinburgh to pursue a second independence referendum, setting up what may be a lengthy and acrimonious showdown within the UK in the midst of Brexit negotiation
Qatar Airways Ltd. may order 100 new jetliners before the end of this year to power its push into India and also plans to announce two new routes to the U.K. even as the country prepares to exit the European Union, Chief Exec
India is likely to give Bangladesh a credit line of at least $3.5 billion for infrastructure projects during Prime Minister Sheikh Hasina’s state visit in April, as Beijing and New Delhi jostle for geopolitical influence in
Economists are betting that India has seen the back of the impact of its unprecedented cash ban, prompting foreigners to pour in investment that’s crucial to help bridge a widening current account deficit.
UK Home Secretary Amber Rudd said Facebook Inc.’s WhatsApp messaging system should open its encryption to security services and urged online companies to be more aggressive in shutting down sites exploited by terrorists.
Officials representing the world’s largest economies, including the U.S., put global climate talks back on track in Berlin Friday, after failing last week to agree on language supporting the Paris accord, the German governm
China’s second-largest construction company is competing with at least six international builders, including two each from Japan and Korea, for $2.7 billion worth of contracts to build the largest road bridge in India.