Business News from Monday, October 28th, 2024

Lulu Retail Holdings PLC announced the price range for the sale of its shares and the start of the subscription period for its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX).

Investments in India by Swiss companies such as engineering group ABB and transport firm Kuehne+Nagel are on the rise, with a $100 billion regional trade deal expected to further open it up to businesses long geared towards China.

Oil prices dropped more than 4 per cent on Monday after Israel’s strikes on Iran, despite avoiding Tehran’s energy infrastructure.