The Nobel Foundation has raised the prize money for this year's Nobel Prizes to 11 million kronor (USD 986,270) due to the steep decline in the Swedish currency.
(Bloomberg) SBB, the embattled developer at the center of Sweden’s property crisis, is considering carving out its entire residential business with a portfolio of 36.5 billion kronor ($3.4 billion) for an initial public offering, according to a person familiar with the matter. Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenElon Musk Says Treasury Bills Are ‘No-Brainer’QQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapApple Faces Longest Sa
State-owned Indian iron ore miner NMDC is likely to invest around 5 billion rupees ($61 million) in its planned first foray into gold mining, a source with direct knowledge of the matter said on Monday.
The battle between two of Australia’s richest men for control of bankrupt renewables startup Sun Cable has ended in a whimper. On Friday Mike Cannon-Brookes, co-chief of technology company Atlassian, won the auction for the firm via his Grok Ventures fund, bidding less than A$100 million ($65 million) per an estimate by the Australian Financial Review . Surprisingly absent from the final bout was Squadron Energy, one of Fortescue Metals founder Andrew Forrest’s investment companies. Both were early investors in Sun Cable; their spat over its strategy plunged the firm into administration in January.
India's steel consumption is expected to grow by 7.5% during the current fiscal year to March 2024, boosted by rising demand from the domestic construction, railways and capital goods sectors, a leading industry body said on Friday.