Billionaire Mukesh Ambani-owned Reliance Industries Ltd. is considering a plan to boost its oil-refining capacity by about half, people with knowledge of the matter said.
The European Central Bank shouldn’t rush to spell out how long it plans to reinvest proceeds from bonds maturing under its asset-purchases program, said French policy maker Francois Villeroy de Galhau.
Sri Lanka’s President Maithripala Sirisena isn’t giving up on trying to install former strongman Mahinda Rajapaksa as prime minister, a quest that has plunged the country into a weeks-long political crisis.
A plunging oil price gives African central banks more to think about as they move toward a cycle of raising interest rates.
Southeast Asia’s internet economy is on pace to expand 37 percent this year to $72 billion and is projected to exceed $240 billion by 2025, according to a joint research report by Google and Temasek Holdings Pte.
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