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NEW DELHI -- A growing tribe of private equity and venture capital investors is heading to India's hinterland amid a rise in local tech talent coupled with improving infrastructure, increasing Internet penetration and lower operational expenses.
OSAKA -- Universal Studios Japan's operating company aims to hire about 200 park staff over the age of 60 by 2025, hoping to both solve labor shortages and expand the age range of park visitors.
MANILA -- The Philippines has picked a consortium led by drinks-to-toll roads group San Miguel Corp. (SMC) to revamp and operate its main international airport in Manila, routinely ranked as one of the world's worst.
SYDNEY -- Australia has placed nickel on its Critical Minerals List in a bid to provide support for producers of the battery metal that are struggling with a sustained downturn in prices.
Mortgage rates shot higher Friday after a monthly government report on wholesale prices showed inflation is still persistent and hotter than most analysts had expected.
Retail has seen unprecedented upheaval over the last several years.
India’s GMR Group had proposed a contract to give the government 33.3 per cent of its revenues. Despite the lower figure, it was seen as a front-runner for its ability to maintain the long-term business viability of operating the airport.
