The race for the leadership of Brazil’s Senate has turned into a re-run of last year’s presidential vote, with both Luiz Inácio Lula da Silva and Jair Bolsonaro pushing for their candidates to capture one of the country’s most influential political positions.
India aims to raise 510 billion rupees ($6 billion) in the year starting April 1, roughly the same as the previous period.
Shaky property markets across much of the world pose another risk to the global economy as higher interest rates erode household finances and threaten to exacerbate falling prices.
Australian Foreign Minister Penny Wong warned about the risk of conflict in the Indo-Pacific as she prepares to meet her British counterpart for defense talks that will likely focus on regional issues including China’s military expansion.
At the outer edge of the ESG debt market, an unregulated but growing form of finance has some industry experts sounding the alarm.
Vodafone Group Plc’s interim Chief Executive Officer Margherita Della Valle reiterated guidance but said the mobile and broadband group “can do better” after European sales shrank.
The United Arab Emirates’ national energy company has started pitching an initial public offering of its gas business to investors and said it generated a record profit last year, according to people familiar with the matter.
Billionaire Gautam Adani’s flagship company successfully pulled off India’s biggest ever follow-on share sale despite a damning short-seller report. Still, demand was far below that achieved by some of its peers in recent years.
GSK Plc reported better-than-expected profit and said earnings will advance this year, powered by demand for vaccines.
India will forego 350 billion rupees ($4.28 billion) in revenue by raising the cap on income tax exemption and cutting rates, Finance Minister Nirmala Sitharaman said as she presented the annual budget on Wednesday.
