More Hawks Than Doves Limit Hopes of a Rate Pause in India
Dovish tones in India’s hawkish rate panel may not get into the way of another rate hike as persistent price pressures keep the central bank on the vigil.
Bloomberg Business
US Lawmakers Warn of China’s ‘Cognitive War’ After Taiwan Visit
Two US lawmakers just back from visits to Taiwan said the island’s government is bolstering its defenses against cyber attacks and disinformation, and called on US technology companies to better confront China’s online offensives.
Adnoc Gas $2 Billion IPO Covered in Hours as Buyers Pile In
Investors snapped up all available shares within hours of the start of Adnoc Gas’s $2 billion initial public offering, showing that demand for Middle Eastern stock sales remains strong.
Mercedes Enlists Google’s Help in Hunt for Software Billions
Mercedes-Benz AG has tapped Google to assist with a reboot of software-based features it’s expecting to generate just under €10 billion ($10.6 billion) of additional revenue by the end of the decade.
GSK Says Its HIV Shot Is More Convenient Than Gilead’s Best-Selling Pill
GSK Plc, seeking to snatch market share from Gilead Sciences Inc.’s best-selling HIV pill, said its long-acting shot works just as well and lets patients replace the daily medicine with an injection once every two months.
Philippines’ GIC-Backed Metro Pacific Hospital Reviving $1 Billion IPO, Sources Say
Metro Pacific Hospital Holdings Inc. is considering reviving an initial public offering in Manila, according to people with knowledge of the matter, after shelving its original plan in 2019.
Finland Says It’s Ready to Join NATO Even Without Sweden
Finland is set to join NATO if it gets the last outstanding ratifications for its membership bid, regardless of what progress Sweden has made toward joining the alliance, President Sauli Niinisto said on Wednesday.
Dubai Ruler’s Firm in Talks to Sell Luxurious Nikki Beach Resort
Dubai Holding, an investment firm owned by the emirate’s ruler, is in talks to sell the local branch of Nikki Beach resort, according to people familiar with the matter, as the city cashes in on an influx of tourists and newcomers.
Singapore Inflation Stays Elevated, Raises Tightening Chance
Singapore’s core inflation, the gauge closely-watched by the central bank, rose to a 14-year high, even after the central bank has tightened policy five times since October 2021.
Eskom CEO Quits a Month Early After Censuring South Africa’s ANC
Eskom Holdings SOC Ltd. said its chief executive officer will leave the beleaguered state-owned South African utility more than a month before planned, a day after he censured the government and the ruling African National Congress over corruption.
