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Bezos, Buffett bet on a USD250 bn Internet market in India

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30-Aug-18 Walmart wraps a USD16 bn agreement on India's leading e-commerce player, Flipkart, while Amazon negotiates deals with a supermarket chain and a prominent retail conglomerate. Meanwhile Berkshire Hathaway has agreed to acquire a stake in digital payment leader Paytm. [image: Bloomberg]

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'Modicare' boom led Malaysia's IHH to buy Fortis

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13-Jul-18 Malaysia's IHH Healthcare held firm through months of jostling for control of loss-making Fortis Healthcare, clinging to hopes to access the Indian company's pool of medical professionals and the country's under-served private health care sector. [image: Reuters]

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India boosts Asian growth, as Latam and the Middle East look positive

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Jul-18 Growth in emerging market commodity importers is expected to remain robust, while the rebound in commodity exporters is projected to mature, says the World Bank. Risks include escalating trade protectionism and rising geopolitical tensions. A slowdown in China is partly offset by the rest of Asia, led by 7% growth in India. Prospects in Latam and the Middle East look positive, though with growth projected at much lower levels than in Asia.

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