Bloomberg A drought in India’s initial public offerings (IPOs) might be easing with companies preparing to tap a buoyant stock market after investors piled into two recent sales. A bunch of firms — ranging from a drugmaker to a jeweller — will likely test investor demand over the next few months, helping revive fundraising through first-time sales from the lowest ...

Bloomberg South Africa’s main stock benchmark was little changed in early trading on Wednesday as weakness in banks and index heavyweight Richemont countered gains in miners and index giant Naspers Ltd. Investors are awaiting the conclusion of a Federal Reserve meeting to gauge the extent of central bank support for the economic recovery. The Fed is expected to maintain its ...

Bloomberg The outlook for global oil markets has grown “even more fragile” as a resurgent pandemic derails the recovery in demand, the International Energy Agency (IEA) said. The IEA, which advises major economies, trimmed forecasts for fuel consumption for the rest of the year and predicted that oil inventories — which rebounded to record levels in July — won’t subside ...