Brookfield India Real Estate Investment Trust (REIT) has appointed eight investment banks for its planned equity raising of around $400 million, and is targeting the deal's closure by July, three people with direct knowledge said.
German engineering companies' order books fell significantly in April, reversing the "small ray of hope" seen in the prior month's figures, the VDMA engineering association said on Monday.
Moscow said on Monday it had thwarted a major offensive against its forces in eastern Ukraine, but Ukrainian officials dismissed the report and both sides said the Ukrainian military had advanced elsewhere along the front line.
Russian reports that Ukraine has begun a counteroffensive are meant to distract attention from losses Russian forces are taking around the eastern city of Bakhmut, Ukrainian deputy defence minister Hanna Maliar said on Monday.
Moscow said on Tuesday it had thwarted another major offensive by Ukraine in Donetsk, destroying military equipment and inflicting huge personnel losses, a statement that the powerful head of Russia's Wagner mercenary group dismissed as "absurd science fiction."