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World Bank warns Thailand’s data center buildout could strain water and power without broader digital economy gains
The World Bank said data centers consume large amounts of water and electricity and warned Thailand may not yet have a sufficiently developed digital economy to generate economy-wide benefits that offset those resource demands. It also cited the absence of mechanisms to price industrial resource use, including water, as a key challenge.
Deals & Capital Markets · 3 hours agoBlackstone Markets Over $2B in Private Fund Interests via Bond-Backed Structure, FT Reports
Blackstone Inc is seeking to sell more than $2 billion of stakes it holds in private investment funds, according to the Financial Times. The firm is marketing a collateralized fund obligation that would bundle interests in leveraged buyout funds and issue bonds to investors, including insurance companies.
Deals & Capital Markets · 3 hours agoCarlsberg reportedly plans to file draft papers for India unit IPO seeking up to $700 million
Carlsberg A/S is preparing to submit draft documents for an initial public offering of its India business as early as this month, according to reports. The potential listing may raise up to $700 million and could be structured as a secondary share sale. Kotak Mahindra Capital and local units of JPMorgan and Citigroup are said to be advising.
Companies & Earnings · a day agoAirbus reconsiders timing for launching a stretched A220 variant, sources say
Airbus is reviewing whether to proceed sooner with a larger, stretched version of its A220 jet after expectations that the program could move closer to launch this year, sources said. The company has signaled it is assessing technical and market factors, including the aircraft’s potential range and customer considerations.