HONG KONG - India's Bharti Airtel, in talks to buy the African mobile operations of Kuwait's Zain for US$9 billion, has issued a term sheet to banks to raise up to US$8.5 billion in offshore loans to fund the deal, banking sources said.
(SINGAPORE) The number of new private homes sold in January and February 2010 has already outstripped that for the whole of Q1 2009, official data shows.
SINGTEL'S BPL (Barclays Premier League) victory is widely seen as the goal it needed to start challenging incumbent StarHub. While that is undoubtedly true for the short term, the ultimate aim behind its willingness to pay top dollar could lie in forcing the policy change that will tilt the balance of pay-TV power in the long run.
(SYDNEY) Australia circa 2050, population 35 million, climate change induced rising sea levels have flooded the Gold Coast resort region, apartment blocks are now used to grow food and people commute in monorail pods above the sea.