There won’t be all-electric supercars for several years as it will take time to develop the right technology to make batteries lighter, according to McLaren Automotive Ltd.’s Chief Executive Officer Michael Leiters.
Saudi Arabia confirmed it plans to bid for the men’s football World Cup in 2034, as the kingdom tries to add to its slate of high-profile sporting events and become a major tourism hub.
India’s services activity strengthened in September as resilient demand at home and abroad boosted business orders.
Malaysia’s bonds beat all their regional peers last quarter as rising oil prices bolstered the government’s coffers. The expected rollback of oil subsidies in next week’s budget announcement may provide another updraft.
A new immersive dining, shopping and entertainment attraction will open in Tokyo next spring, as more tourists flood into Japan and consumers stage a post-pandemic retail recovery.
Sri Lanka cut its benchmark rate for a third time this year to help revive economic growth and rein in real borrowing costs.
Infrastructure developer Morrison & Co. has begun talks with possible strategic partners for a mega-sized battery project in Indonesia aimed at weaning Singapore off natural gas.
Sunac China Holdings Ltd. won court approval for its multibillion-dollar offshore debt restructuring plan, clearing the last key hurdle for it to become the country’s first major developer to overhaul such liabilities.
Triton postponed the planned share sale of military gearbox maker Renk AG after a global stock market rout over the past few days.
Global headwinds and expensive stock valuations necessitate a cautious approach toward Indian equities in the short term as the country prepares for next year’s national elections, according to Goldman Sachs Group Inc.
