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India's InterGlobe Aviation Ltd, which owns the country's biggest airline IndiGo, on Tuesday filed a draft prospectus for an initial public offering (IPO) to list on the domestic stock market and cash in on a booming air travel market. InterGlobe Aviation said in a statement the IPO would include a sale of up to 12.7 billion rupees ($199.64 million) of new shares, and the sale of up to 30.15 million of existing shares.

German perfume retailer Douglas plans a stock market listing this year, consisting of a sale of existing shares and a capital increase of around 70 million euros ($77 million), in what would mark its return as a publicly listed company. The initial public offering may take place as soon as within four weeks and the sale of shares may be worth at least 1 billion euros, according to people familiar with the matter.
Investors who have the most to win if Amazon, Disney and other consumer discretionary companies continue to push the sector higher are getting increasingly nervous, judging by their options activity. Options bets tied to declines in an exchange-traded fund tracking the sector have been unusually popular, even as the S&P 500 consumer discretionary index has logged an 8 percent rise for the year, handily beating the S&P 500 and turning in the second-best performance among the nine S&P 500 sectors.
Boston-based PureTech Health plans to raise $160 million in a London listing, filling its coffers to fund product development and delivering a vote of confidence in the British life sciences sector. The move by the US health technology firm follows a similar decision by California-based drug discovery group Verseon to raise $100 million in London earlier this month.
The second tranche of Egyptian property company Emaar Misr's initial public offering (IPO) was oversubscribed by about 36 times, the Cairo stock exchange said on Thursday. The listing is expected to be the largest flotation on the Cairo exchange since 2007. Emaar Misr, the Egyptian arm of Dubai real estate developer Emaar Properties, drew subscriptions for 3.23 billion shares after offering 90 million shares last week in the second tranche of its IPO, a stock exchange statement said.
Rosneft, Russia's top oil producer, reported a 30 percent increase in first-quarter net profit to 56 billion roubles ($1 billion) on Friday, broadly in line with expectations. Analysts, polled by Reuters, expected net income at 58 billion roubles. The company said it had revised its 2014 first-quarter income down to 45 billion roubles, excluding its share of earnings at Yugragazpererabotka, a former joint venture with Sibur petrochemical firm.
Japanese car giant Honda revised down its annual earnings for the last fiscal year on Friday, blaming the expanding recalls of faulty airbags made by Takata, which have been linked with eight deaths. The nation's third biggest automaker said its net profit for the year to March this year was 493 billion yen, or $4 billion, falling 14.1 percent from the previous year.


Index Closing Chg%
Arrow DJIA 17,730.11 0.16
Arrow Nasdaq 5,009.22 0.08
Arrow S&P 2,076.78 0.03
Arrow FTSE 6,585.78 0.67
Arrow DAX 11,058.39 0.37
Arrow CAC-40 4,808.22 0.57
Arrow Nikkei 20,539.79 0.08
Arrow H.Seng 26,064.11 0.83
Arrow Sensex 28,092.79 0.53

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln