Bloomberg FSN E-Commerce Ventures Ltd, the entity that operates the Indian beauty startup Nykaa, rose as much as 89% on debut, even as the broader equity market dipped. The Mumbai-based firm was trading at 2,063 rupees ($28) as of 10:13 am in Mumbai on Wednesday, after pricing its initial public offering at 1,125 rupees per share, the top of a ...

Bloomberg Sydney Airport agreed to sell itself to a consortium of funds for $17 billion, just as Australia reopens its borders to international travel. The airport’s board accepted an offer of A$8.75 per share from a group led by IFM Investors, and unanimously recommended shareholders vote to approve the deal early next year, the company said. The agreement is the ...

Bloomberg President Vladimir Putin brushed off a request by Chancellor Angela Merkel to exercise his influence over Belarus as the European Union prepares a fresh raft of sanctions against the regime in Minsk for channeling thousands of migrants to the bloc’s border. With footage of clashes on Poland’s frontier with Belarus and EU leaders accusing the country’s president, Aleksander Lukashenko, ...