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Adani Group in talks to buy Heidelberg’s Indian cement operations
The Adani Group is in talks to buy the Indian cement operations of Germany’s Heidelberg Materials in a deal that could be worth about US$1.2 billion, the Economic Times...
Adani Group to supply clean energy for Google’s India cloud operations
INDIA’S Adani Group will supply clean energy to power Google’s cloud services and operations in India, the ports-to- power conglomerate said on Thursday (Oct 3).
The group, owned by billionaire...
Singapore entertainment group Neon mulls IPO next year
IMMERSIVE entertainment group Neon is considering an initial public offering (IPO) in Singapore that may raise as much as S$500 million, sources said.The company, which is backed by Temasek’s...
Japan’s NTT Group considers data centre Reit IPO in Singapore
JAPAN’S Nippon Telegraph & Telephone (NTT) is considering listing a global data centre real estate investment trust (Reit) in Singapore, according to sources with knowledge of the matter.The Tokyo-based...
Global debt hits record US$312 trillion, climate finance a challenge, banking trade group says
Global debt hit a record high of US$312 trillion at the end of the second quarter, driven by borrowing in the United States and China, while a key debt...
US firm SI Group to shutter chemical manufacturing facility on Jurong Island
The company will continue supplying alkylphenol with other manufacturing facilities in Europe and the AmericasCHEMICALS company SI Group will close its alkylphenol manufacturing facility on Jurong Island in the second...
DBS moving to raise China securities joint venture stake to 91%, group CEO says
DBS confirmed that it is the buyer of stakes up for sale by its Chinese joint venture partnersDBS Group chief executive Piyush Gupta said on Wednesday (Sep 25) it...