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Emtek to acquire Bank Fama in $63 million deal The media conglomerate plans to diversify into finance. Indonesia injects $4.2b into sovereign wealth fund to get huge tasks rolling The injection is part of the government’s plan to inject Rp 75 trillion ($5.three billion) into the sovereign wealth fund this 12 months to finance infrastructure, tourism and know-how tasks. The central authorities debt elevated to Rs48.four trillion in August 2024, 21 p.c greater than the identical period final Business News… Major employers in hospitality and retail made it clear to Business Secretary Jonathan Reynolds that day-one rights with none concession would severely hamper their business fashions. CEO Jamie Dimon says he is still contemplating whether he will make an endorsement for the presidential election next month. A New York Federal Reserve survey printed on Monday discovered that many American consumers …