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Noble to submit draft for restructuring special meeting

Bloomberg Noble Group Ltd. said it plans to set the date for a special general meeting shortly that will decide the commodity trader’s controversial restructuring after the Singapore High Court blocked it from holding an annual meeting at the behest of dissident shareholder Goldilocks Investment Co. The court, however, hasn’t restrained Noble from holding future special general meetings, the company ...

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Australia to spend $379mn to save Great Barrier Reef

Bloomberg The Great Barrier Reef is being $379 million boost by Australia in the battle to save the world’s largest living structure as it faces mounting challenges such as climate change, agricultural runoff and a coraleating starfish. “Like reefs all over the world, the Great Barrier Reef is under pressure,” Prime Minister Malcolm Turnbull said in a statement on Sunday, ...

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Gold jewellers in India see cool IPO outlook after alleged fraud

Bloomberg Gold jewellers in India are expecting a cool reception in the short term to any plans to publicly trade shares in the wake of an alleged $2 billion fraud by jewellers Nirav Modi and Mehul Choksi. Joyalukkas Group has put an initial share sale of its jewellery business on hold and will revisit the proposal after national elections next ...

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