Indian Companies Raise Record $31 Billion Equity Capital in Shrinking Economy | Investing News

By Scott Murdoch and Patturaja Murugaboopathy HONG KONG/BENGALURU (Reuters) – Indian companies have raised a record $31 billion in equity capital in 2020, Refinitiv data showed, as banks strengthen their…

Virgin Australia Bondholders Withdraw Plans for Proposal to Rival Bain Capital Deal | Investing News

SYDNEY (Reuters) – Virgin Australia Holdings Ltd bondholders have withdrawn plans for a proposed recapitalisation of the airline that was meant to rival one from U.S. private equity firm Bain…

Exclusive: Belarus Won’t Introduce Capital Controls to Stop Rouble Slide – Central Bank | Investing News

MINSK (Reuters) – The Belarusian central bank will not introduce capital controls to prevent the depreciation of the Belarusian rouble as these would be counterproductive, central bank board member Dmitry…

Exclusive: China Pushes First Capital Merger in Drive to Take on Wall St. | Investing News

HONG KONG (Reuters) – China plans to merge domestic broker First Capital Securities with smaller rival Capital Securities, three sources said, underscoring Beijing’s determination to consolidate the brokerage industry to…

Buffett’s Berkshire Boosts Its Stake in Bank of America to 11.8% | Investing News

(Reuters) – Warren Buffett’s Berkshire Hathaway Inc said on Thursday it has bought another $522 million of stock in Bank of America Corp , boosting its already large stake in…