Bloomberg Indian dollar-denominated bond sales are set to accelerate in 2017 as mergers and acquisitions and the cheapest borrowing costs in more than two years drive issuance. That’s a contrast to 2016 when sales of US currency notes by local borrowers fell to a six-year low as higher US interest rates and a slump in the rupee to a ...

  HONG KONG / AP A group led by Hong Kong billionaire tycoon Li Ka-shing’s infrastructure business said on Monday it is buying Australian energy company Duet in a multibillion dollar deal. Cheung Kong Infrastructure Holdings Ltd. and Li’s property and power utility companies are proposing to buy Duet Group for 3 Australian dollars a share, in an acquisition worth ...

  Bloomberg Takata Corp.’s agreement to pay $1 billion to settle a criminal investigation removes a hurdle to the air-bag maker’s sale, which the company needs to continue operations and complete the biggest product recall in automotive history. The Tokyo-based company admitted to hiding the deadly risks of its air bags for about 15 years and agreed to plead guilty ...