South Korea Ex-President Yoon Suk Yeol Sentenced to 30 Years Over Martial Law Plot 
Oil Prices Rise as U.S.-Iran Talks Keep Geopolitical Risks in Focus 
Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report 
Chip Stocks Rally as Samsung and SK Hynix’s $1.3 Trillion Investment Plan Boosts AI Optimism 
Greece’s Bad Loan Crisis Continues to Limit Credit Access Despite Economic Recovery 
India Manufacturing PMI Slows in June as Demand Weakens Despite Lower Cost Pressures 
Bayer Wins Major U.S. Supreme Court Roundup Lawsuit, Shares Surge 
U.S. Supreme Court to Review Trump Administration Appeal on Immigrant Detention Without Bond Hearings 
Gold Price Drops to Eight-Month Low as Fed Rate Hike Bets Weigh on Bullion. Source: Photo by Michael Steinberg via Pexels 
US Jobs Report Preview: June Payroll Growth Seen Slowing as Fed Rate Decision Looms 
DOJ Sues Virginia Over Law Enforcement Mask Ban 
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat 
Trump Administration to Launch Voluntary AI Standards for Frontier Models 
Asian Stocks End Strong Quarter as Dollar Surges, Yen Hits 40-Year Low Ahead of US Jobs Data 
Meta Stock Jumps as AI Cloud Expansion Challenges AWS, Microsoft, and Google 
Fortescue Faces Class Action Over Sexual Harassment Claims at Australian Mining Sites 
Danish brewer Carlsberg Group is buying out the 33 percent shareholding in Carlsberg South Asia Pte Ltd (CSAPL) of its partner in India and Nepal, CSAPL Holdings Pte Ltd (CSAPLH), for $744 million.
Carlsberg has had serious disagreements with CSAPLH, for some time now, over financial irregularities, including incorrect payments, embezzlement, and kickbacks from customers.
According to Carlsberg, the buyout could be completed in 2023, subject to the clarification of any disputes raised by the shareholders and timelines for any regulatory approvals.
Carlsberg will work with its external advisors to evaluate its position and assess whether CSAPLH has committed additional breaches of the shareholders’ agreement, which would justify further legal steps.
Carlsberg, at the request of CSAPLH, had referred the disagreements “to arbitration in Singapore” in May last year. The tribunal found CSAPLH to be in “incurable material breach of the shareholders’ agreement and awarded Carlsberg the right to call CSAPLH’s shares in CSAPL.”,
