Singapore’s Temasek-backed Sembcorp Industries is preparing an IPO for its India unit in Mumbai, appointing Citi, HSBC, and Axis Capital as advisers, according to sources. The listing—targeted within 8–9 months—marks Sembcorp’s second attempt after withdrawing its 2019 draft prospectus.Its India arm, Sembcorp Green Infra, has rapidly expanded across wind, solar, and energy storage, competing with...
The European Commission has given unconditional approval for Omnicom Group’s $13.25B all-stock acquisition of Interpublic Group (IPG). Announced last December, the deal merges the world’s #3 ad buyer (Omnicom) with the #4 (IPG) — creating the largest advertising agency globally. This consolidation reflects how traditional advertising giants are scaling up to compete more effectively with...
Investors say BHP should abandon the Anglo American pursuit and refocus on its own growth pipeline, after the miner made a last-minute approach while Anglo nears a $60B merger with Teck Resources. BHP confirmed it will not pursue a new bid, with the Anglo–Teck shareholder vote set for Dec 9, forming a major copper producer...
Amazon announced one of the largest public-sector cloud infrastructure commitments in history, pledging up to $50 billion to expand artificial intelligence and high-performance computing capacity for U.S. government agencies. Beginning in 2026, the investment will add nearly 1.3 gigawatts of new AI and supercomputing capability across AWS Top Secret, AWS Secret, and AWS GovCloud regions...
UBS has upgraded its copper price outlook, citing persistent mine disruptions, tight inventories, và nhu cầu dài hạn mạnh mẽ từ electrification và clean-energy investments. Key upgrades: Supply deficits widened: UBS points to disruptions at Freeport’s Grasberg mine (Indonesia), slower recovery in Chile, and ongoing protests in Peru—highlighting deep structural constraints. Demand outlook: +2.8% in...
The U.S. Export-Import Bank (EXIM) will deploy $100 billion to strengthen U.S. and allied supply chains for critical minerals, nuclear energy, and LNG, according to Chair John Jovanovic in an FT interview. This move follows growing concerns that the West is over-reliant on unfair and unstable supply sources. EXIM has $100B remaining from the $135B...