Bloomberg Business

Vice Media LLC filed for bankruptcy protection and struck a deal to sell itself to creditors, a precipitous fall for the media upstart that once boasted a $5.7 billion valuation.

A Chinese developer which sold a state-guaranteed onshore note in January has defaulted on its dollar bonds, raising doubts about the efficiency of state help for the troubled real estate sector.

HSBC Holdings Plc said it’s targeting return on tangible equity for its Asia business that’s in the “mid teens,” amid pressure from its top shareholder to improve returns.

India’s wholesale prices contracted for the first time in almost three years after global commodity prices softened, bringing down input costs for producers.

China has sentenced a 78-year-old American passport holder to life in prison on spying charges, as the world’s No. 2 economy prioritizes eliminating national security risks.

The European Union should strengthen its emergency rules so that citizens don’t bear the brunt of surging electricity prices during a crisis, said a key lawmaker who’s pushing for more market intervention in upcoming reforms.

Emmanuel Macron will meet with Elon Musk Monday on the sidelines of a gathering of some 200 global business leaders that the French president invited to Versailles to showcase his ability to lure foreign investment.

The number of luxury condominium units bought by foreigners rose to the highest in almost a decade before Singapore doubled taxes on purchases by the demographic.

A big Indian state election win has given a boost to Rahul Gandhi’s Congress party in its quest to unseat Prime Minister Narendra Modi in a national vote next year. But it still faces a long road ahead.