Mallya, currently in exile in the U.K., said he wants to settle at a reasonable number that his company can afford, the FT reports.
Broadspectrum agreed to support a bid from Ferrovial after PNG vowed to shut the detention camp operator's operations there.
Fresh from denouncing Apple as outdated, Chinese tech billionaire Jia Yueting has taken the fight to Apple's turf, setting up shop in Silicon Valley.
China is intensifying its diplomatic campaign to win support ahead of an international ruling over disputed islands, the SCMP reports.
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