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President Xi Jinping put China’s wealthiest citizens on notice on Tuesday, offering an outline for “common prosperity” that includes income regulation and redistribution, according to state media reports.

Billionaire Richard Li’s streaming business is on a roll, mulling a potential initial public offering after its platform Viu beat Netflix in subscribers in one of Asia’s most competitive markets.

South Africa’s two biggest mobile operators, Vodacom and MTN, have welcomed the decision by communications regulator Icasa to press ahead with a plan to license mobile broadband spectrum through an auction process. Icasa surprised