Author: V. Alure

Having disintegrated into anarchy following the revolution ignited by the 2011 Arab Spring and fueled by Western powers’ backing, Libya has struggled to emerge from the abyss. Today, the country remains politically polarized, with fragile stability. However, there are positive signs of socioeconomic renaissance with the Government of National Unity in Tripoli spearheading the rebuilding. Libya’s $2.7 billion investment to expand its main container port, Misurata, is one major indication of the economic transformation efforts anchored on diversification to end oil and gas dependence. The project is being implemented through a public private partnership (PPP) involving Doha-based international infrastructure investor…

London-based specialty insurer Beazley continues to snub Switzerland’s Zurich Insurance, with Beazley insisting it remains confident of its “standalone prospects” and the “attractiveness” of its business model. However, Zurich’s latest offer of £7.67 billion (about $10.6 billion) was lower than a previously undisclosed bid of £13.15 per share extended last June, which Beazley also turned down. At that price, the deal would have valued Beazley’s equity at about £8.4 billion. The UK insurer said last month that it had received three proposals from Zurich in one month and engaged “appropriately.” Zurich argues that the deal would create a global leader…

Flexible financing solutions are attracting issuers and investors to Asia-Pacific’s private credit market. With concerns over tariffs and trade fragmentation fading—at least for the present—digitalization and energy transition driving new capital investment, and a host of big lenders poised to enter the region, observers are predicting a big year for private credit in Asia-Pacific. Michel Lowy, co-founder and CEO of Hong Kong-based global banking and asset management group SC Lowy, is especially bullish. “This year will mark the early phase of a new multi-year allocation cycle into Asia,” he notes, predicting that private credit growth there in 2026 will outpace…

After years in the making, the Goods and Services Tax Appellate Tribunal is finally getting on a strong footing and has commenced operations with over 1,000 cases being filed with it. As per data with the GSTAT, as many as 1,082 cases filed online so far. The Tribunal has also disposed of one case. The first hearing of appeals by the Principal Bench of the GSTAT was on December 18, 2025. It also delivered its first judgment in the Second Appeal on February 11 this year. The Tribunal also has 7,811 registered users and 3,182 advocates registered with it. While…

Jefferies initiates Foghorn Therapeutics stock with buy rating Source link #Jefferies #initiates #Foghorn #Therapeutics #stock #buy #rating

The AI boom is sparking a boom in circular, creative financing and purchasing schemes, which are making some investors nervous. The boom in AI stocks is routinely described as “staggering,” and with reason. Nvidia alone boasted a market cap, as of January 2, exceeding the GDP of every country in the world save the US and China. But the collection of marquee names powering the AI industry is comparatively small, and the word frequently attached to their relationships—much to the annoyance of their CEOs—is “circular.” Investors and analysts are asking questions about the latticework of supply-chain commitments these highflying companies…

U.S. Treasury yields inched lower on Tuesday as investors looked ahead to more delayed data releases during the holiday-shortened trading week.At 3:34 a.m. ET, the 10-year Treasury yield had dropped more than 3 basis points to 4.02%, and the 30-year Treasury bond yield had also dipped 3 basis points to 4.66%. The 2-year Treasury note yield was 2 basis points lower to 3.388%.One basis point equals 0.01%, and yields move inversely to prices.The bond market was closed for Presidents’ Day on Monday, and Tuesday is shaping up to be a quiet start to the week for investors, who are awaiting several economic data releases.This includes the…

Indian IT sector stocks have been bleeding for the last few days, facing a massive selloff on increasing fears that artificial intelligence (AI) tools and models will hit the basic revenue model of the technology sector. The index tracking Indian IT sector stocks such as Tata Consultancy Services Ltd. and Infosys Ltd. has lost a massive $56 billion in market capitalization after Anthropic PBC introduced a tool that some market participants consider a potential challenge to traditional outsourcing business models. But is the situation really so bad for the Indian IT sector? Does the future look bleak, or is the…

For both buyers and sellers of companies, timing the deal is a key success criterion for its success. Rhiannon Ludlow, director at TH Global Capital, outlines why that timing should be centred around the business – and not the market. Across global technology M&A cycles, boards and founders often fall back on the same line, they’ll consider a transaction once “the market improves.” It sounds sensible on the surface, but in practice it usually misses the point. Recent data shows that this mindset blurs an important distinction – between waiting to time the market and choosing the right moment for…

The Aircraft Accident Investigation Bureau (AAIB) on Tuesday said it has sought assistance from the US National Transportation Safety Board (NTSB) to retrieve data from the cockpit voice recorder (CVR) of the Learjet 45 aircraft that crashed in Baramati on January 28.   The crash killed all five people on board, including Maharashtra Deputy Chief Minister Ajit Pawar.   According to the AAIB, the aircraft was equipped with two independent flight recorders, both of which were exposed to intense heat for a prolonged period during the accident and sustained fire damage.   The Digital Flight Data Recorder (DFDR),…