Vedanta to sell international zinc assets to Hindustan Zinc for $2981 million
The Anil Agarwal-led Vedanta Ltd will sell Zinc International’s assets to Hindustan Zinc, a Vedanta subsidiary, for a cash consideration of $2,981 million. According to stock market notification, the sale of Zinc International assets held by THL Zinc Ventures Ltd (Mauritius) – another wholly owned subsidiary of Vedanta, through THL Zinc Ltd (Mauritius) – was […]
With a sale of Chinese yuan, Russia kicks off 2023 forex intervention By Reuters
© Reuters. FILE PHOTO: Banknotes of Chinese yuan and Russian rouble are seen amid flags of China and Russia in this illustration picture taken September 15, 2022. REUTERS/Florence Lo/Illustration By Guy Faulconbridge and Darya Korsunskaya MOSCOW (Reuters) -Russia said it would resume foreign currency interventions with the sale of yuan from Friday, underscoring the growing […]