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Global Switch plans HK IPO filing

Bloomberg Global Switch, the UK data centre operator controlled by Chinese investors, is planning to file for a Hong Kong initial public offering as soon as this week, according to people with knowledge of the matter. The London-based company aims to raise more than $1 billion, Bloomberg News has reported in March. Deliberation is ongoing and timing of the deal ...

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World’s dirtiest air presents challenge for Modi in second term

Bloomberg One of the biggest challenges facing Indian Prime Minister Narendra Modi as he begins his second term is ensuring clean air in a country that’s home to some of the most polluted cities in the world. The country is burning up more coal to supply cheap electricity to its 1.3 billion people, resulting in polluted air across vast stretches. ...

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Fiat plans merger with Renault to form world’s 3rd-biggest carmaker

Bloomberg Fiat Chrysler Automobiles NV proposed a merger with Renault SA to create the world’s third-biggest carmaker as manufacturers scramble for scale to tackle an expensive shift to electrification and autonomous driving. The transaction would be structured as a 50-50 ownership through a Dutch holding company, Fiat said on Monday. Renault shareholders, including the French government, would get an implied ...

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