Representatives of Vedanta Resources Ltd told investors they’re open to revising a proposal to delay payments on the miner’s dollar bonds, according to people familiar with the matter, after debt holders pushed back on initial terms.
Typhoon Koinu strengthened as the storm headed across the South China Sea toward Hong Kong, contrary to earlier expectations by most meteorologists who had predicted it would weaken.
GSK Plc has raised £886 million ($1.1 billion) from the latest sale of a tranche of shares in Haleon Plc, the consumer-health business it spun off last year.
Italy’s Intesa Sanpaolo SpA has made a surprise investment in Elon Musk’s Space Exploration Technologies Corp. as the lender looks to the aerospace industry as a key driver of global growth.
Walt Disney Co. is holding preliminary discussions with potential buyers for its India streaming and television business including billionaires Gautam Adani and Kalanithi Maran, according to people familiar with the matter.
Royal Philips NV suffered another setback as the US drug regulator requested additional tests on its sleep apnea devices, warning that the company’s analysis of the recalled products is inadequate.
China Mineral Resources Group Co., the buying agency set up to increase Beijing’s clout in iron ore, is in negotiations with Rio Tinto Group and other leading miners over next year’s supply, according to people familiar with the matter.
The commercial property crisis in Sweden has prompted the country’s financial watchdog to hold a cross-party meeting to better understand the risks to financial stability.
French pharmaceutical firm Sanofi is exploring a potential acquisition of cancer drugmaker Mirati Therapeutics Inc., according to people familiar with the matter.
The Biden administration urged the Federal Communications Commission to adopt strong rules to redress historic shortfalls that have left some communities lacking adequate broadband service.
