July 10, 2019 1:21 PM SINGAPORE - Sembcorp Industries has injected 516.9 crore rupees (around S$101.6 million) in equity to raise its stake in its India energy arm Sembcorp Energy India Limited (SEIL) ... Read more
Richard Branson’s space-tourism venture, Virgin Galactic, VG, is planning to go public, creating the first listed human spaceflight firm. Virgin Galactic said Tuesday it is merging with Social Capital ... Read more
A Paris court has acquitted the flamboyant French tycoon Bernard Tapie of fraud over a payment of €404 million, or US$452.5 million at the current exchange rate, linked to the sale of German sportswea ... Read more
Barita Investments will consider its second rights issue for this year to expand its branch network and further finance its investment banking operations. The first rights issue was in January. “The m ... Read more
The hearings into the winding-up of Arc Systems Limited for unpaid debt of nearly $26 million will resume in court Friday, but the status of the creditor, which itself has been placed in liquidation t ... Read more
Blackstone Group LP's proposal to recapitalize its portfolio company, Stearns Lending LLC, would increase the private-equity firm's stake in the residential mortgage lender to 100%, a rare development ... Read more
RAPAPORT... At JCK Las Vegas, lab-grown-diamond exhibitors have mushroomed nearly as much as opinions about the stones themselves. To accommodate growing market needs, organizers debuted the Lab-Grown ... Read more
PepsiCo reported better-than-expected profit and revenue in its most recent quarter, thanks in part to price hikes in the United States. Pepsi raised prices last fall to cover higher transportation an ... Read more
Jam Air Link Express Limited, which began cross-country flights in Jamaica on Monday with its twin-engine Otto aircraft, plans to add a second plane in coming weeks. The airline was incorporated in Ma ... Read more
MANILA, Philippines - Gotianun-led Filinvest Land Inc. is expanding its office property assets that target the business process outsourcing (BPO) industry and other locators in its 201-hectare Mimosa+ ... Read more
Caribbean Cream Limited, the ice cream manufacturer that trades as Kremi, has pumped US$500,000 (J$65 million) into a new production line for frozen novelties, ending a more-than-a-decade-old hiatus i ... Read more
Elliott Management Corp, Paul Singer's $35 billion hedge fund, has outspent all rivals in pushing for corporate changes like spin-offs, mergers, and management overhauls this year. Read more
The Jamaica Coffee Exporters Association, JCEA, says it is working with the Jamaica Agricultural Commodities Regulatory Authority, JACRA, on a registration drive for coffee farmers, an initiative that ... Read more
If you look at the current and recent past balance sheet of Sears Holdings, you will see nasty, nasty things. Pretty much every qualitative and quantitative value that is treasured on this site is fou ... Read more
TPG Capital affiliate PacificBridge Asset Management and MCM Investment Partners, a Hong Kong-headquartered merchant bank and asset manager, have led a $25 million Series B round for Singapore artific ... Read more