Recent Posts

Not obliged to consult minister for oil deals, says Nigeria NNPC

Bloomberg Nigeria’s state oil company said it wasn’t obliged by law to refer contracts to Petroleum Minister of State Emmanuel Kachikwu for review or approval, dismissing allegations it made at least $24 billion worth of deals without following due process. “The law and the rules do not require a review or discussion with the Minister of State or the NNPC ...

Read More »

Modi seeks simpler rules to raise direct tax share from ‘07 low

Bloomberg India is reviving attempts to overhaul its half-century-old direct tax laws as it looks to increase the share of collections from the lowest in a decade. Prime Minister Narendra Modi’s government is working to ensure that tax payers don’t need to submit multiple returns and have quicker options of redress should a dispute arise, said people familiar with the ...

Read More »

China’s top anime streaming site to plan IPO in US

Bloomberg Bilibili, China’s top online platform for streaming Japanese animation, is planning a US initial public offering that could raise at least $200 million, according to people with knowledge of the matter. The website operator aims to list in New York as soon as next year, the people said, asking not to be identified because the information is private. Bilibili ...

Read More »
Send this to a friend