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Chinese courier SF eyes 20% stake in $5b Kerry Logistics

Bloomberg SF Holding Co, one of the largest Chinese package-delivery services, is exploring a potential investment in tycoon Robert Kuok’s listed logistics business, people with knowledge of the matter said. The Chinese courier is in talks to acquire roughly a 20% stake in Kerry Logistics Network Ltd, according to the people, who asked not to be identified because the information ...

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Myanmar sees biggest protest in years as coup opposition grows

Bloomberg Myanmar saw its biggest protests in more than a decade on Sunday as tens of thousands of demonstrators took to the streets in several cities calling for the release of detained civilian leader Aung San Suu Kyi. In Yangon, tens of thousands of demonstrators gathered in an area of the city’s downtown known as the staging grounds for prior ...

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150 workers missing after glacier triggers flood in Indian state

Bloomberg About 150 workers at NTPC Ltd.’s hydropower plant are feared trapped or swept away after a flash flood that destroyed key infrastructure when a Himalayan river burst its banks. The Rishiganga hydropower project near Raini village in Uttarakhand state was damaged, as was NTPC’s under-construction project on river Dhauli Ganga near Tapovan, said Vivek Pandey, spokesman for the Indo-Tibetan ...

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