Reliance Industries Ltd. has tapped a top executive from McLaren Strategic Ventures as chief executive officer for its newly-created financial services unit that is preparing for a listing in India, according to people familiar with the matter.
Prime Minister Rishi Sunak rejected calls from his own ruling Conservative Party to cancel a rise in UK corporation tax due to come into force next month, according to a person familiar with government plans.
Singapore police said they have begun a probe linked to Terraform Labs Pte, the company co-founded by crypto fugitive Do Kwon.
China set a modest economic growth target of around 5% for the year, with the nation’s top leaders avoiding any large stimulus to spur a consumer-driven recovery already underway, suggesting less of a growth boost to an ailing world economy.
Italy’s state lender kicked off a bidding war with US-based KKR & Co Inc., launching a counterbid for Telecom Italia SpA’s €20 billion ($21.3 billion) landline network.
One of China’s smaller liquefied natural gas importers procured a shipment from the spot market, heralding a return by the nation’s price-sensitive buyers after the energy crisis halted purchases for about a year-and-a-half.
Hospitals delaying surgery in Sri Lanka. International flights suspended in Nigeria. Car factories shuttered in Pakistan.
The UK equity market’s record valuation gap to the US is increasing pressure on its companies to maximize shareholder returns through options such as relisting abroad, according to Citigroup Inc.
German Chancellor Olaf Scholz said talks were constructive with the European Union in resolving a dispute over plans to ban new combustion-engine cars in the bloc from 2035, after Berlin derailed the effort this past week.
Turkey bought 23 tonnes of gold in January, making it the biggest buyer of the precious metal among central banks globally over the period.
