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Business 19 Apr 2021 | 7:00 AM

CNH ends talks with China’s FAW Group on sale of Iveco unit

MILAN: The billionaire Agnelli family’s CNH Industrial NV ended talks to sell its Iveco truck and bus business to China FAW Group Co, a move that was welcomed by the Italian and French governments.

Business 16 Apr 2021 | 7:00 AM

Cash-tight construction firm Waskita set to divest two toll roads

JAKARTA: PT Waskita Karya, Indonesia’s top state-owned construction firm, is set to sell its shares in two toll roads this year to state-owned infrastructure financier PT Sarana Multi Infrastruktur (SMI) to raise capital and pay off debt.