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Why Chime’s Stock Is Down 13%, Even Though Its Earnings Beat Expectations
In the digital bank’s first earnings call as a public company, concerns over future growth and strategy loomed.
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Gokongwei, Gotianun JV Seeks To Expand Philippine Airport Operations Amid Travel Boom
The Philippine government has been tapping private investors to modernize the country’s aging airports. Aboitiz Equity Ventures runs the airport in the central Philippine island of Cebu, while Billionaire Ramon Ang’s San Miguel is spearheading the upgrading and expansion of the main gateway in Manila.
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Indian Billionaire Gautam Adani Wins Bid To Build $3 Billion Power Plant Project In Bihar
The project is proceeding ahead of state elections later this year in Bihar, which accounts for the fourth-largest share of parliamentary seats, making it crucial to the fate of Prime Minister Narendra Modi’s coalition government. Adani, an ally of Modi, has revived investment plans after a U.S. probe last year slowed his expansion binge.
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