(Reuters) – Embassy Office Parks REIT’s 47.50 billion rupee ($690.31 million) initial public offering, the first by a real estate investment trust in India, was oversubscribed on the last day of sale on Wednesday. Investors bid for about 183.5 million shares, or 2.57 times the 71.3 million on offer, stock exchange data as of 1200 […]

(Want to get this briefing by email? Here’s the sign-up.) Good morning, We’re covering questions about how Boeing’s 737 Max won regulatory approval, the devastation after a cyclone in Africa, and a new drug to treat postpartum depression. U.S. to investigate Boeing jet approval The transportation secretary, Elaine Chao, on Tuesday ordered an inquiry into […]

SINGAPORE/KUALA LUMPUR (Reuters) – Malaysia’s poultry producer Leong Hup International and fast food operator QSR Brands are in advanced stages of launching their initial public offerings in the second quarter, which would revive the nation’s moribund primary market, sources said. The IPOs, which were postponed last year due to weak markets, could together raise as […]

AMMAN, Jordan — For the last half-century the politics of the Middle East has been shaped by five key pillars, but all five are now crumbling. A new Middle East is aborning — but not necessarily the flourishing one that people imagined in the 1990s. This one is being shaped more by Twitter memes than […]

I still can’t stop thinking about it. That extraordinary moment on Monday, when Conservative MP James Cleverly protested to John Bercow about his decision to block a third vote on Theresa May’s Brexit deal. The speaker, complained Mr Cleverly, should have made this announcement before the second vote was held. Because, he whimpered, if MPs […]

Theresa May’s Brexit shambles has now become so bad she can’t even put her deal to a vote – never mind win one. It was apt that around the world at the weekend, as Mrs May desperately attempted to stitch her dead deal back together, St Patrick’s Day was celebrated. There are those who write […]

I was directly caught up in the grounding of Boeing flights last week. An imminent trip had to be hastily re-booked after my Norwegian Air plane was no longer available. The airline offered an alternative but the times didn’t suit and I plumped for Aer Lingus instead. Disappointingly, it issued a refund without blinking so […]

(Want to get this briefing by email? Here’s the sign-up.) Good evening. Here’s the latest. 1. The U.S. transportation secretary called for an inquiry into the F.A.A.’s certification of the Boeing 737 Max 8. Elaine Chao asked her agency’s internal watchdog to audit the approval process, which has been under scrutiny since the crash last […]

(Want to get this briefing by email? Here’s the sign-up.) Good morning. New Zealand prepares for funeral services, Deutsche Bank’s ties to President Trump come under greater scrutiny and Afghanistan receives a rare bit of good news. Here’s the latest: What we know about the New Zealand victims As victims’ families prepare for funeral services […]

AUCKLAND, New Zealand — Jacinda Ardern, the prime minister of New Zealand, has been exemplary in her response to the massacre in Christchurch, where 50 Muslims were killed in two mosques by an Australian white supremacist and his accomplices. Ms. Arden provided a frame for national grief by embracing the Muslim immigrant community and by […]