Razorpay files for IPO in India, joining wave of startups taking confidential route. The payments firm's move signals continued momentum in the country's tech listing pipeline.

Volkswagen uses sealed bids to avoid conflicts in $10B engine sale – FT

Volkswagen is resorting to sealed bids to avoid conflicts in the sale of its $10 billion engine business, according to the Financial Times.

Phoenix Tailings gets $500M conditional commitment from Pentagon's Office of Strategic Capital for domestic rare-earth processing facility.

Mining startup Phoenix Tailings received a conditional commitment for $500 million in long-term debt financing from the Pentagon’s Office of Strategic Capital to help build a domestic rare-earth processing facility.

Ares Management nears deal to take control of French football club Olympique Lyonnais alongside businesswoman Michele Kang, sources say.

Ares Management is close to agreeing a deal to take control of financially-stricken French football club Olympique Lyonnais, alongside businesswoman Michele Kang, sources say.

ECB's Lane: Inflation well above target a year ahead means we need to move monetary policy now

ECB's Lane says that looking ahead a year, inflation still being well above target means the central bank needs to move monetary policy now.