India’s red-hot initial public offering market may look irresistible as foreign firms line up for listings, but the rush is not about raising funds to expand in a fast-growing market; it’s about sending billions of dollars back to headquarters.
The Republican-led U.S. Senate voted on Wednesday to open debate on a $70 billion bill to fund President Donald Trump’s immigration crackdown, clearing the way for a marathon of debate and amendment votes that Democrats will try to use to tie Republicans to Trump’s efforts to compensate his allies and protect himself from tax scrutiny.