Bloomberg Business

Paytm, India’s leading digital payments brand, saw a partial exit by one of its early backers with a unit of Alibaba Group Holding Ltd. selling a 3% stake in the fintech firm, according to people aware of the matter.

The UK government said it’s confident Britain will have enough energy to get through next winter as liquefied natural gas flows boost supplies and demand is reined in.

JC Flowers & Co. will continue to hunt for deals in India after the private equity firm recently pulled off its biggest deal in the country by buying a portfolio of bad loans.

Royal Mail said it’s working with Britain’s cyber-security agencies to resolve an incident that has effectively halted overseas postal and parcel deliveries.

An expansion of Tesla Inc.’s plant in Shanghai has been delayed, according to people familiar with the matter, over data concerns that risk putting a roadblock in the way of the US electric-car maker’s ambition to keep growing in China.

After a grueling year for technology stocks, investors have turned optimistic at the start of 2023, taking the view that the Federal Reserve may slow the pace of interest rate hikes. The first inflation reading of the year is about to put that sentiment to the test.

Sales of second-hand luxury watches will overtake new models within a decade as buyers seek out scarce Rolex, Patek Philippe and Audemars Piguet timepieces, according to a new industry report.

Germany’s housing boom is over as prices for residential properties dropped for the first time in over a decade.