Aston Martin Lagonda Global Holdings Plc raised £216 million ($277 million) by selling new shares as the British luxury-car maker looks to pay back high-interest debt and raise funds for its electrification strategy.
Option investors and strategists seem to be coming to different conclusions about the Bank of Japan’s latest policy tweak.
Toyota Motor Corp.’s quarterly profit exceeded estimates as improvements in supply of semiconductors and a weak yen helped it capitalize on a global rebound in demand for vehicles. The stock closed at a record high.
Franklin Templeton’s India unit is preparing a private credit fund, according to people with knowledge of the matter, which will enable it to lend to companies in a market where banks and shadow lenders have retreated from all but the highest-rated credit.
Bank of Japan watchers don’t expect any further change from the central bank this year, after the BOJ surprised investors around the world by tweaking its yield curve control program last week, according to a Bloomberg survey conducted Monday.
India’s imports of Russian oil dropped for a second month and are expected to slip even further as the key OPEC+ producer starts trimming exports in August to help balance the global market.
Uniper SE plans to invest more than €8 billion ($8.8 billion) to transform itself into a greener utility, with most of its power coming from renewables by the end of the decade.
China has made a number of pledges recently to revive the economy’s recovery and improve the business environment as concerns about the growth outlook continue to mount.
Gold purchases in India this year are forecast to drop to the lowest since the Covid-19 pandemic hit the second-biggest consuming nation in 2020, with high domestic prices deterring buyers.
Central banks’ gold demand fell for a third straight quarter as massive sales by Turkey outshone buying elsewhere.
