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Top Indian mortgage company merger to create $190bn giant

  Bloomberg India’s biggest mortgage lender agreed to buy one of the country’s most valuable banks to create an almost $190-billion behemoth to ride a boom in home loans and consumer spending in the world’s fastest-growing major economy. Housing Development Finance Corp., which issues mortgages to more than half the home buyers in a country of 1.4 billion people, will ...

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Germany offers state guarantees to lure buyers for Gazprom unit

Bloomberg Germany is seeking a buyer for Gazprom PJSC’s unit in the country by offering state-backed loans for private companies willing to take parts of or the entire business, according to a person familiar with the matter. The German government is in talks with private buyers interested in Gazprom Germania GmbH or some of its units, which include energy supplier ...

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Singapore’s N-power goal ‘decades away’

  Bloomberg Singapore’s contemplation of a potential nuclear power plant will depend on next-generation technologies, a move that indicates the goal is still decades away from fruition. The island state says so-called small modular reactors or other next-generation nuclear technology have the potential to be much safer than many of the plants in operation today, Minister of State for Trade ...

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