The most high-stakes meeting in the energy sector is happening this Friday at the White House. President Trump, alongside Secretaries Chris Wright (Energy) and Marco Rubio (State), will urge executives from 17 major firms—including ExxonMobil, Chevron, ConocoPhillips, and Repsol—to commit billions to rebuilding Venezuela’s oil infrastructure following the removal of Nicolás Maduro. ⚔️ THE CORE...
The “Risk-On” trade hit a wall this week. For the first time in three weeks, global equity funds recorded a net outflow (-$6.07 billion), driven by a sharp pullback in US allocation amid valuation concerns and rate uncertainty. 💸 THE GREAT ROTATION (Week ending Jan 7): 1️⃣ The “Flight to Cash” is Back: The most...
The biggest event in Indian capital markets history is taking shape for 2026. Reliance Jio Platforms, the digital arm of Mukesh Ambani’s empire, is considering floating just 2.5% of the company in an IPO that could value the telecom giant between $180 billion and $240 billion. 💰 THE DEAL METRICS: 📜 THE REGULATORY CATALYST: Reliance...
The cost of leverage is rising for one of India’s largest conglomerates as credit investors reprice execution risk. Shapoorji Pallonji (SP) Group’s unit, Goswami Infratech, is planning a massive ₹250 billion ($2.77 billion) bond issuance, but the yield expectations have spiked following a covenant breach at a sister entity. 📉 THE “PORTEAST” CONTAGION: Investors are...
A major private equity transaction in India’s lending sector has hit a regulatory wall. The Reserve Bank of India (RBI) has raised objections to Bain Capital’s plan to acquire a controlling stake in gold loan major Manappuram Finance, citing concerns over the firm’s existing ownership of another Indian lender. 🛑 THE CORE ISSUE: 🔄 THE...
The “King of Chinese Sportswear” is looking to add another global icon to its portfolio. Anta Sports has reportedly made an offer to acquire a 29% stake in struggling German giant Puma from the Pinault family (owners of Kering/Gucci). 👟 THE DEAL DYNAMICS: 📉 THE CONTEXT: Puma is trading at a depressed valuation (Market Cap...