Bloomberg Saudi Arabia’s sovereign wealth fund appointed former Dow Chemical Co. Chief Executive Officer Andrew Liveris as a special adviser. Liveris will work closely with the Public Investment Fund “in several areas and assist the fund in efforts to increase the value of the portfolio, and ensure the important contribution of PIF companies to the achievement of Vision 2030 goals” ...

Bloomberg Jindal Steel & Power Ltd. is considering a breakup plan as part of a restructuring to help trim its 420 billion rupee ($6 billion) debt pile and boost investor confidence in a company that was once India’s biggest steelmaker by market value. The New Delhi-based company is looking at splitting its steel, power and international businesses into three separate ...

Bloomberg Souche.com, operator of a used car trading website, raised $578 million to fund its research and development and expand its leasing programme. The round was led by Primavera Capital and Morningside Venture Capital. Other investors include Alibaba Group Holding Ltd., Dreamfly Capital and ClearVue Partners, the company said in an emailed statement. Founder and Chief Executive Yao Junhong said ...