Legal & General Investment Management is expanding the universe of assets it blacklists due to climate concerns, as it warns portfolio companies that time is running out to clean up their acts.
Weak economic data out of China, on top of a rate cut, is raising the expectation for more stimulus out of Beijing.
PT Hutama Karya’s debt is faring better than the bonds of other Indonesian state-backed enterprises — despite an eye-watering increase in leverage.
SoftwareOne Holding AG’s board said Bain Capital’s 2.93 billion Swiss-franc ($3.2 billion) offer to take the IT services provider private undervalues the company, the latest hurdle in the private equity firm’s attempt to buy a European tech company.
Applied Materials Inc. is suing a Chinese-owned rival over what it says was a 14-month effort to steal some of its most valuable secrets, allegedly including an orchestrated employee-poaching spree and surreptitious transfers of semiconductor equipment designs.
Akio Toyoda was reelected to Toyota Motor Corp.’s board of directors with the lowest shareholder vote since at least 2010 after some foreign investors opposed the chairman keeping his seat.
British power generator Drax Group Plc is in talks with National Grid Plc to restart two coal-fired units to be used as emergency back up power supply for next winter.
A federal advisory panel has initiated new consultations on replacing India’s religion-based marriage and inheritance laws with a uniform civil code, reviving a controversial campaign promise of Prime Minister Narendra Modi’s ruling party ahead of general elections next year.
Nigerian President Bola Tinubu suspended the head of the nation’s anti-corruption agency, the latest in a series of sweeping changes he’s made since being sworn in as the leader of Africa’s biggest economy three weeks ago.
Boustead Holdings Bhd. is considering divesting its gas stations in Malaysia and is seeking as much as 2 billion ringgit ($432 million), according to people with knowledge of the matter.
