BENGALURU, Sept 27 Reuters Indian commercial port operator JSW Infrastructure received bids worth 606.13 billion rupees 7.29 billion in its initial public offering IPO, exchange data showed on Wednesday. The JSW Groupowned company received bids for 5.09 billion shares at between 113 and 119 rupees, 37.37 times more than the 136.3 million shares offered, National […]

Ryanair boss O39;Leary travel demand not insatiable O39;Leary says travellers booking earlier at higher fares He says booking levels 45 higher year on year LONDON, Reuters Irish budget airline Ryanair39;s boss Michael O39;Leary said on Wednesday the UK air travel industry was weaker than Europe39;s as British consumers grapple with high interest rates and a costofliving crisis. […]

Sept 27 Reuters PGA Tour said its planned merger with Saudibacked LIV Golf and DP World Tour has garnered unsolicited interest from investors as it continues to finalise an agreement with the Public Investment Fund and the DP World Tour. The PGA said that while it did not solicit additional investment interest, it has a […]

HONG KONG, Sept 28 Reuters Trading in shares of China Evergrande Group was suspended on Thursday after a report that its chairman had been placed under police watch, as concerns mounted about the cashstrapped developer39;s future amid growing liquidation risk. With more than 300 billion in liabilities roughly the size of Finland39;s gross domestic product Evergrande has […]

FRANKFURT, Sept 28 Reuters Luxury carmaker Porsche AG on Thursday confirmed its 2023 outlook, saying demand for its cars remained strong despite the challenging macroeconomic environment. Financial markets around the world have come under pressure in recent weeks. One reason for this is the increasing uncertainty regarding global economic growth following the numerous interest rate increases […]

Sept 28 Reuters China39;s Dalian Wanda Group has started negotiations on a proposal to avoid repaying about 30 billion yuan 4.11 billion to investors in its commercial property management business if it fails to complete its initial public offering IPO this year, Bloomberg News reported on Thursday. The Chinese conglomerate recently told investors that an […]