Renault SA may team up with US dealer AutoNation Inc. to start sales of Alpine sports cars in the country, part of a plan to build out the brand that currently sells just a few thousand vehicles.
The firm behind brands including Jissbon condoms is considering a Hong Kong initial public offering that could raise about $300 million, according to people familiar with the matter.
Centrica Plc, the owner of British Gas, is boosting shareholder returns after posting a record profit last year, joining Shell Plc and BP Plc reaping the rewards of soaring energy prices.
Indonesia’s biggest listed construction firm intends to defer payment of 2.3 trillion rupiah ($151 million) due next week on a bond and halt coupon payments on three others. The stock exchange halted trading in its shares.
Credit Suisse Group AG’s Michael Klein, appointed to run the First Boston investment-banking spinout, told a town hall meeting that everyone there would be shareholders in the new venture.
A $2 trillion swathe of China’s local bond market is approaching a risky inflection point as issuers struggle to refinance maturing debt.
Brands famous for roaring combustion engines reckon customers will want to hear more than the quiet whine of electric motors.
Two Southeast Asian central banks took divergent monetary paths Thursday, with Indonesia halting its policy tightening as price gains eased and the Philippines sticking with outsized interest-rate moves to tame still-hot inflation.
Pakistani fintech startup AdalFi raised a $7.5 million funding round in a sign of life for the South Asian country’s venture-capital market that dried up along with a global decline in tech stocks.
Credit Suisse Group AG says it has paid $210 million to date to billionaire Bidzina Ivanishvili in a long-running legal saga.
