Bloomberg India is planning to sell its stake in SJVN Ltd. and Power Finance Corp. to other government-controlled companies in deals that may fetch the federal government about 200 billion rupees ($2.8 billion), helping it to rein in the fiscal deficit amid growing risks of a slippage, people with knowledge of the matter said. The government plans to sell its ...

Bloomberg Egypt’s biggest outsourcing services provider, Raya Contact Center, is expanding as economic growth rebounds and a weaker currency makes it more competitive. The Cairo-based company, which operates offshore call centers and offers other corporate services, added about 1,000 workstations this year, compared to a previous annual average of 400 workstations, Chief Executive Officer and Managing Director Reem Asaad said. ...

Bloomberg Coronado Global Resources Inc., a miner backed by private equity firm Energy & Minerals Group, and current investors are seeking to raise as much as A$1.4 billion ($1 billion) in what would be Australia’s largest coal initial public offering. The company and existing holders are offering Chess Depository Interests at A$4 to A$4.80 each, according to a prospectus lodged ...

Bloomberg Russia will provide advanced S-300 missile systems to Syria and directly link up with the air-defense network of its Middle Eastern ally, stepping up support for the regime of President Bashar al-Assad after the downing of a reconnaissance plane last week. Moscow blamed the shoot-down of the aircraft, which killed 15 Russian servicemen, on Israel, whose planes were attacking ...

Bloomberg President Vladimir Putin’s United Russia party lost governorships in three regions as the fallout from popular anger over a plan to boost the retirement age makes usually tightly controlled elections more competitive. Candidates from the populist Liberal Democratic Party of Russia beat United Russia incumbents in the Khabarovsk and Vladimir regions, according to the Central Election Commission. Another United ...

Bloomberg South Korean President Moon Jae-in faces a formidable task during meetings in New York this week with Donald Trump and other world leaders: convincing skeptics that North Korean leader Kim Jong-un is actually serious about giving up his nuclear weapons. Moon was expected to meet Trump on Monday in New York, and will address the United Nations later in ...

Bloomberg Pro-Brexit politicians in Theresa May’s Conservative Party are launching a rival plan for leaving the European Union in an effort to force her to ditch her own blueprint in favour of a cleaner break with the bloc. Former Brexit Secretary David Davis, who quit in July because he disagreed with May, is backing the proposal published by the Institute ...

Bloomberg Hong Kong’s government issued an unprecedented ban against a pro-independence political party that it has called a risk to national security, raising concerns over tolerance of dissent in the Asian financial hub. “The Hong Kong National Party has a very clear agenda to achieve its goal of Hong Kong being made an independent republic,” John Lee, the city’s security ...

Bloomberg US stocks slipped on growing trade tension and after reports that Deputy Attorney General Rod Rosenstein will leave his post. Oil climbed and the euro rallied. As a Justice Department shakeup threatened to increase political turmoil, industrial shares led US equity indexes down after China warned it won’t meet with American officials unless they stop threatening to expand tariffs. ...

Bloomberg India’s market regulator is examining Friday’s sharp moves in shares of Dewan Housing Finance Corp., Yes Bank Ltd. and other lenders for possible trading irregularities, people with knowledge of the matter said. The Securities and Exchange Board of India is looking into whether brokers and investors colluded during the sharp selloff and subsequent recovery in financial shares, the people ...