Recent Posts

Airtel chairman to invest $1bn in son-in-law’s hotel business

Bloomberg The billionaire who controls India’s biggest telecom operator is looking to pump more than $1 billion into a hotel chain founded by his son-in-law in London, people with knowledge of the matter said. The money from Bharti Airtel Ltd chairman Sunil Mittal would fund acquisitions by Sharan Pasricha’s Ennismore, a developer that owns the Gleneagles resort and Hoxton hotel ...

Read More »

EU seeks last-minute tariff reprieve to avoid trade crisis

Bloomberg The European Union is seeking a last-minute deal with the US to avoid inflaming global trade tensions as President Donald Trump prepares to impose tariffs on steel and aluminum imports at the end of the month. “We’re at the beginning of a decisive week,” German Economy Minister Peter Altmaier told reporters in Brussels on Monday. “We have to try ...

Read More »

Sharp exchanges highlight BP fears of climate legal risks

Bloomberg After paying more than $65 billion in legal costs for the Deepwater Horizon catastrophe, BP Plc is wary of the risk of lawsuits related to climate change. CEO Bob Dudley raised the topic of class-action lawsuits twice during the company’s annual general meeting in Manchester, England, saying he wouldn’t disclose certain climate targets, or even answer some questions from ...

Read More »
Send this to a friend