Reuters Asia

Syngenta’s $9.5 billion IPO moves closer with Shanghai bourse hearing

By John Revill and Julie Zhu ZURICH/HONG KONG (Reuters) – Syngenta’s $9.5 billion flotation has moved a step closer after the Shanghai Stock Exchange scheduled a hearing next week for the Swiss agrichemicals and seeds company’s listing plan. A rival to U.S. company Corteva and German firms BASF and Bayer, Syngenta was bought for $43 …

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India’s law firms fret about poaching, plan fee hikes as foreigners gain a foothold

By Arpan Chaturvedi and Jayshree P Upadhyay NEW DELHI/MUMBAI (Reuters) – India’s decision to allow foreign law firms to establish offices in the country is set to shake up its legal services industry, with local firms fretting star performers could soon be poached and predicting that fees will shoot higher to retain them. As of …

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Taiwan visit China called ‘vile’ is a ‘normal work trip’, German minister says

By Fabian Hamacher TAIPEI (Reuters) -Germany’s education minister said on Wednesday that she was on a “normal work trip” to Taiwan to seek collaboration with partners that share similar challenges, a visit China has condemned as “vile”. China views democratically governed Taiwan as its own territory and has ramped up military, political and economic pressure …

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World Bank’s IFC to invest about $73 million in Mahindra’s last mile mobility unit

BENGALURU (Reuters) – Indian automaker Mahindra and Mahindra Ltd said on Wednesday that World Bank’s private investment arm, International Finance Corp (IFC), will invest 6 billion rupees ($72.58 million) in the company’s last mile electric mobility unit. The investment, which will be in the form of compulsory convertible instruments, will value the unit at 60.20 …

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