Indonesia’s ruling party has chosen Central Java Governor Ganjar Pranowo, seen as a natural successor of incumbent leader Joko Widodo, as its presidential nominee in a move that will trigger election campaigning in the world’s third-largest democracy.
Indonesia’s ruling party has chosen Central Java Governor Ganjar Pranowo, seen as a natural successor of incumbent leader Joko Widodo, as its presidential nominee in a move that will trigger election campaigning in the world’s third-largest democracy.
Brookfield Asset Management Ltd. has submitted a £2.1 billion ($2.6 billion) takeover proposal for Middle Eastern credit card processor Network International Holdings Plc, topping a rival buyout consortium.
Brookfield Asset Management Ltd. has submitted a £2.1 billion ($2.6 billion) takeover proposal for Middle Eastern credit card processor Network International Holdings Plc, topping a rival buyout consortium.
The People’s Bank of China signaled it may start gradually scaling back some of the stimulus measures implemented during the pandemic as the economy begins recovering and credit demand picks up.
A Russian Su-34 military jet accidentally fired on the city of Belgorod north of the Ukrainian border, the Russian defense ministry said, leaving a massive crater and damaging homes and cars.
Hedge fund manager Tom Wagner is close to buying a stake in Birmingham City Football Club, according to people familiar with the matter.
Hedge fund manager Tom Wagner is close to buying a stake in Birmingham City Football Club, according to people familiar with the matter.
Welcome to the end of a week that hasn’t seen a single morning without a new M&A development. Private equity bellwether Brookfield Asset Management has entered the fray for Middle Eastern credit card processor Network International, trumping a proposal by CVC and Francisco Partners. Meanwhile, Glencore, which is trying to buy Canadian rival Teck Resources, gave a first-quarter update that underscored how the commodity trading industry continues to enjoy one of its most profitable periods eve
South African President Cyril Ramaphosa is facing increasing pressure to hand powers to his new electricity minister and enable him to make decisions to stave off more intense blackouts as peak winter demand looms.
