Indonesia’s PT Barito Renewables Energy has made an offer to buy geothermal company Energy Development Corp. to expand in the Philippines, people familiar with the matter said.
Citigroup says revenue from equities trading surged 45% to $2.3 billion in the second quarter from a year earlier. That's 11% higher than the record set in this year's opening months. Earnings per share came in at $3.15, beating all estimates. This is coverage from "Bloomberg Surveillance." (Source: Bloomberg)