A consortium of six Philippine conglomerates has raised its proposal to upgrade the Southeast Asian nation’s congested main airport to 267 billion pesos ($4.8 billion), more than double an initial plan.
Barclays Plc has ramped up the business of financing trades for investors in Asia, part of a global plan to expand its markets franchise as rivals have scaled back.
The world’s riskiest sovereign bonds are having a moment as Wall Street investors seek out high yields from countries showing early signs of market-friendly pivots.
Leader Energy Holding Bhd. is preparing for an initial public offering in Malaysia and is seeking to raise as much as 2 billion ringgit ($433 million), according to people with knowledge of the matter, in what would be the country’s biggest first-time share sale since 2017.
Bangladesh’s central bank will allow the currency to float freely for the first time in the country’s history, giving into demands from the International Monetary Fund in order to unlock more money from the $4.7 billion loan program.
Big Oil won’t be missed by its renewable power competitors.
The 104-year-old French company is in its second year of a turnaround effort that hinges on a yogurt renaissance
The European Union is looking at an array of tools to ensure it punches at its global weight, as countries such as China and Russia show an increasing willingness to use trade and the control of critical supply lines to further political and military goals.
New health warnings by Ireland set to be the world’s strictest on beer, wine and spirits have sparked alarm from alcohol-producing countries that argue the labels would impose an obstacle to trade.
UK Prime Minister Rishi Sunak faces a bruising week, with a vote on his predecessor Boris Johnson threatening to fuel divisions in the ruling Conservative Party and the Bank of England set to heap further pain on consumers by raising interest rates again.
