BENGALURU (Reuters) – India’s Adani Ports and Special Economic Zone, a group company of the beleaguered Adani Group, said on Wednesday it will consider its first and a partial buyback of certain of the company’s debt securities at a board meeting on April 22. Adani Ports will consider the buyback of the securities, which will …
India’s Adani Ports to consider buyback of debt securities Read More »
LONDON (Reuters) – HSBC has rejected its largest shareholder Ping An’s latest proposal to restructure the bank and separate its Asia business into a Hong Kong-listed entity, saying it would result in a material loss of value for shareholders. Europe’s largest bank said in a statement published on Wednesday that it had had extensive meetings …
HSBC rejects Ping An’s fresh Asia spin-off proposal Read More »
SAO PAULO (Reuters) – Toyota Motor Corp said on Wednesday it will invest 1.7 billion reais ($337.68 million) to manufacture a new hybrid, flex-fuel compact car in Brazil, which will run in both gasoline and ethanol in addition to its electric engine. The announcement came at an event attended by Toyota’s local head Rafael Chang …
Toyota to invest $338 million in new hybrid, flex car in Brazil Read More »
By Oliver Denzer and Laurie Chen HAMBURG/BEIJING (Reuters) -Dazed and terrified, Yicheng Huang narrowly managed to escape being detained by police in Shanghai while attending historic protests calling for an end to China’s COVID-19 curbs that spread across numerous cities last November. The protests, unprecedented in President Xi Jinping’s decade in power, were suppressed by …
Protester breaks silence on China’s crackdown on COVID demonstrators Read More »
NEW DELHI (Reuters) – Apple Inc Chief Executive Officer Tim Cook on Wednesday committed to growth and investment across India in meeting with the country’s prime minister, Narendra Modi, in New Delhi. Cook is on a visit to India this week and inaugurated the iPhone maker’s first retail store in the country on Tuesday in …
Apple CEO meets India PM Modi, commits to growth and investment Read More »
(Reuters) – The Supreme Court in military-ruled Myanmar will hear an appeal by deposed leader Aung San Suu Kyi against her convictions for corruption and violating election and state secrets laws, according to a source familiar with the matter. The 77-year-old Nobel laureate is serving 33 years in prison after convictions in more than a …
Myanmar Supreme Court to hear appeal of jailed former leader Suu Kyi Read More »
