Bloomberg Business

Wall Street Banks Court Sovereign Funds for Syngenta’s $9 Billion IPO

Wall Street banks are helping approach international investors for Syngenta Group’s 65 billion yuan ($9 billion) initial public offering in Shanghai, according to people familiar with the matter, after the Chinese-owned seed giant won regulatory approval for the world’s biggest potential listing this year.

Australian Firms Show Resilience as Consumers Still Pessimistic

Australia’s business conditions showed ongoing resilience in June, defying the Reserve Bank’s more than yearlong tightening cycle and warnings of slower economic growth, while consumer confidence remained in “deeply pessimistic” territory.

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