SAO PAULO (Reuters) - Concerns about Brazil's fiscal health and high interest rates have helped dash hopes that as many as 20 of its companies could go public this year, ending a two-year drought in the country's once-booming IPO market. Businesses in a wide swathe of sectors, including construction, retail and infrastructure, are increasingly reconciling themselves to the likelihood that...

POCHAMPALLI, TAMIL NADU (Reuters) - Indian electric vehicle maker Ola Electric Mobility launched a new series of motorcycles on Thursday, days after it went public, expanding into an untapped segment in the world's second-largest two-wheeler market. India's electric two-wheelers are almost entirely scooters, with more expensive motorcycles accounting for barely 1% of overall two-wheeler EV sales. Smaller EV motorcycle makers...

HONG KONG (Reuters) - The administrator of a major Evergrande onshore unit has asked creditors to provide details about the debt the embattled property developer owes to them ahead of the first creditor meeting to be held on Nov. 14, official filings showed. The Guangzhou Intermediate People's Court ruled last week that Evergrande unit Guangzhou Kailong Real Estate enter into...

06:09 AM EDT, 08/16/2024 (MT Newswires) -- It's been in general a good week of economic data from the United Kingdom and that continued Friday with retail sales data for July revealing a slightly stronger-than-expected reading when the upward revision to the June data is incorporated, said Mitsubishi UFG. Bad weather impacted the June reading negatively, but better weather in...