Shanghai / Bloomberg China Logistics Property Holdings Co., the warehouse developer backed by Carlyle Group LP, will delay the launch of its $400 million Hong Kong initial public offering, people with knowledge of the matter said. The Shanghai-based company will postpone the start of the share sale until June 29 due to volatile market conditions after Britain voted to ...

  New Delhi / Tribune News Service In a unique environment friendly initiative, the Delhi Metro Rail Corporation (DMRC) has decided to use broken tiles to reduce the heat inside Metro stations. Unable to dispose of tiles that are broken at Metro stations and removed every day, engineers working with the DMRC suggested the pieces be placed on the rooftop ...

  Sometimes, an economic paper delivers such a disturbing result that you have no choice but to sit up and take notice. That was the case for me, when I saw this new study by Stony Brook University’s Marina Azzimonti. Azzimonti’s disquieting hypothesis is that political partisanship is deterring overseas investment in the U.S. When we think of foreign direct ...