Abu Dhabi’s International Holding Co. will invest about $400 million in Adani Enterprises Ltd.’s follow-on share sale, voicing confidence in Indian billionaire Gautam Adani’s business empire after almost $70 billion was wiped off its market value.
Indian billionaire Kumar Mangalam Birla appointed two of his children as directors on the retail unit of his Aditya Birla Group, setting the stage for succession.
A Greek government-owned fund has picked banks for an initial public offering of its 30% stake in Athens International Airport, people familiar with the matter said.
Holders of Sri Lanka’s foreign bonds want more clarity on the nation’s local-currency debt before they sit down for formal restructuring talks, according to people familiar with the situation.
Russia’s President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman talked about OPEC+ by phone ahead of the alliance’s committee meeting on Wednesday.
Rogers Communications Inc. and Shaw Communications Inc. pushed back the deadline to close their merger again, to Feb. 17, after a Canadian government minister said he needs more time to decide whether to approve the deal.
While tech investors have plenty of issues to worry about as the sector heads into a key week for corporate earnings, one notable headwind from last year has eased in recent months: the dollar.
(Bloomberg) — Domestic food-price inflation is still soaring, with people in low and middle-income countries particularly hard-hit, according to the World Bank. The most recently available monthly data between September and December 2022 shows rates of increase above 5% in almost all economies around the globe, irrespective of their level of income.
ESG funds in Asia have doubled their global market share as political and regulatory upheavals slow inflows for environmental, social and governance investing in the US and Europe.
Impax has started looking at assets once deemed too volatile or expensive, after doing a deep analysis of how US subsidies will ripple through supply chains.
