Bloomberg Tech

Chinese stocks listed in Hong Kong rose to a five-month high, buoyed by a rally in tech shares and measures to ease liquidity stress at some of the nation’s too-big-to-fail developers.

Walmart Inc. and other PhonePe shareholders will have to pay nearly $1 billion in tax after the digital payments company shifted its headquarters to India, according to people familiar with the matter.

An Indian appeals court refused to grant immediate relief to Alphabet Inc.’s Google over a $162 million antitrust fine for abusing the dominant position of its Android smartphone operating system in the country.

Can mandatory maths reinvigorate Rishi Sunak’s premiership? Well, he’s going to try. That’s part of a bid to reset his premiership, and perhaps distract from the economic crisis, troubled health service and widespread strikes — of which we have more today. Meanwhile, BT is taking a stake in a drone startup in a bid to support an aerial superhighway linking logistics hubs.

The White House said there’s no reason Beijing should retaliate against the US and other nations that have imposed Covid restrictions on its travelers, saying the moves were justified on public health grounds as China experiences a surge in cases.

When the pandemic arrived in the leafy lakeside town of Holland, Michigan, office-furniture company Haworth Inc. needed more than hustle to avoid a supply-chain meltdown.

Byju Raveendran, the founder of the world’s most valuable edtech startup Byju’s, is in financing talks to lift his stake in the company to as high as 40%, people familiar with the matter said.

Wall Street banks are turning bearish on Taiwan Semiconductor Manufacturing Co., cautioning that the world’s biggest chipmaker will issue conservative guidance for its revenue outlook due to weak demand.