General Atlantic Exits Indias PNB Housing in 127 mln Deal

BENGALURU, Aug 21 Reuters U.S. private equity firm General Atlantic on Wednesday sold its entire stake worth 10.69 billion rupees 127.40 million in India39;s PNB Housing Finance, stock exchange data showed. Shares of the mortgage lender closed 10.1 higher on Wednesday. The company, which had a 5.1 stake in PNB Housing as of June 30, […]
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Chinas Probes on EU Products Following EV Tariffs

BEIJINGLONDON, Aug 21 Reuters China has opened an antisubsidy probe into imported dairy products from the European Union, stepping up tension with the bloc a day after Brussels released its revised draft decision related to tariffs on Chinamade electric vehicles. Below are details on the probe into EU dairy imports and other industries which are under investigation. DAIRY The antisubsidy […]
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Myanmar Households Crippled as Currency Tumbles to Record Low

Kyat currency plunges as conflict deepens Price of imported household essentials skyrocket Junta 39;simply printing more kyats39;, shadow government says Aug 21 Reuters A rapid depreciation of Myanmar39;s currency is pushing up the prices of essentials, including food and medicine, crippling ordinary households in the Southeast Asian country wrecked by civil war and a crumbling […]
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