Genting Malaysia Proposes Sale of Miami Land for $1.23 Billion
Genting Malaysia (GenM) Bhd, a wholly owned subsidiary of Resorts World Miami LLC, expects to realise a gain of $966 million from the sale of four parcels of land measuring about 15.47 acres in Miami for $1.23 billion.
Istanbul International Airport was Busiest in March
Turkiye’s mega airport Istanbul was the busiest one in Europe, with an average of 1,263 daily flights in March, according to EUROCONTROL. Sabiha Gokcen, also in Istanbul, ranked 17th on the list with an average of 549 daily flights.
Africa Emerging as Tech Hub with Focus on Developing ICT Sector
Information and Communication Technology (ICT) sector is fast catching up in the African continent with countries in the region committing themselves to development of digital technology, especially in the post COVID-19 era.
Dyson to Develop New Facilities in Singapore, UK and Philippines
The Singapore headquartered consumer electronics major Dyson on Wednesday announced that it will be building new manufacturing facilities and technological hubs at Tuas in region Singapore, the Philippines, and the UK as part of its ongoing five-year $3.4 billion global investment plan for the development of its software and AI capabilities.
ADB Announces New Programme to Fight Climate Change
The Asian Development Bank (ADB) on Tuesday announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP), a landmark program which could significantly ramp up support for the region in the battle against climate change.
Genting Malaysia Proposes Sale of Miami Land for $1.23 Billion
Genting Malaysia (GenM) Bhd, a wholly owned subsidiary of Resorts World Miami LLC, expects to realise a gain of $966 million from the sale of four parcels of land measuring about 15.47 acres in Miami for $1.23 billion.
India’s Adani tries to calm investors as market rout continues
India’s Adani Group sought to reassure investors on Monday as a rout in its shares continued, saying its business plans were fully-funded, its cashflows strong and it remained confident of delivering attractive returns to shareholders.
Shell makes record $40 bln profit in tumultuous 2022
Shell delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which a surge in energy prices after Russia’s invasion of Ukraine allowed it to hand shareholders unprecedented returns.
Adani’s market losses top $100 bln as shelved share sale spooks investors
India’s Adani group shares sank on Thursday after it abandoned its flagship company’s $2.5 billion stock offering, swelling the conglomerate’s market losses to more than $100 billion and sparking worries about the potential systemic impact.
Exclusive: China to allow Didi apps back online, in latest sign of regulatory thaw
Chinese authorities are set to allow Didi Global’s ride-hailing and other apps back on domestic app stores as soon as next week, five sources told Reuters, in yet another signal that their two-year regulatory crackdown on the technology sector is ending.
