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Vinci agrees deal for 30% stake in Mexico’s OMA

  Bloomberg Vinci SA has agreed to buy Fintech Advisory Inc’s 30% stake in Mexican airport operator Grupo Aeroportuario del Centro Norte SAB. The French concessions and construction company will become the leading shareholder in the operator, known as OMA, it said in a statement that confirmed an earlier Bloomberg News report. The deal is valued at about $815 million, ...

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Zilingo COO quits in blow for S’pore startup

  Bloomberg The chief operating officer of Zilingo Pte has resigned from the company after a tenure during which the fashion e-commerce startup rose to prominence before plunging into a crisis. Aadi Vaidya, who joined the company in 2015 and became the COO two years later, confirmed his resignation when contacted by Bloomberg News. “I have resigned and decided to ...

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Pelosi expected to visit Taiwan, ramping up US-China tensions

Bloomberg US House Speaker Nancy Pelosi is expected to visit Taiwan on Tuesday, defying Chinese authorities who have warned of consequences if the trip takes place, the Liberty Times reported, citing people familiar with her plans. It would be a landmark move by a US official and raise the risk of a military confrontation given China views Taiwan as its ...

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