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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.

To defend sailing’s oldest trophy, billionaire Larry Ellison’s Oracle Team USA is enlisting help from European plane maker Airbus. The pairing isn’t as unlikely as it might seem. The catamarans facing off this weekend at a preliminary