How Adani Group’s founder once named the richest man in Asia and once second only to Elon Musk, lost nearly $70 billion in days
Missing radioactive capsule found on roadside in Western Australia after weeklong search
The device, used in Rio Tinto’s mining operations, fell off the back of a truck as it was taken by a third-party specialist for repairs.
Ukraine war live updates: U.S. reportedly readying $2 billion aid package for Ukraine; Kyiv signals reforms ahead of EU summit
Ukraine’s President Volodymyr Zelenskyy said Tuesday that Kyiv is preparing new reforms as it prepares for a summit with top EU officials at the end of the week
Iron ore prices could rally as one leading producer remains reluctant to share, analyst says
India’s exports of iron ore plunged by 90% year on year in October last year, and recorded an year-on-year decline as steep as 96% in September.
Novartis says operating profit to grow again ahead of Sandoz spin off
The Swiss drugmaker reported full-year core operating income was broadly flat at $16.7 billion.
India budget to raise capital expenditure by 33% as jobs, infrastructure take priority
“The budget makes the need once again to ramp up the virtuous cycle of investment and job creation,” said Nirmala Sitharaman.
Britain hit by biggest strike in more than a decade with schools shut and rail networks disrupted
Teachers, train and bus drivers, civil servants and university staff are joining a mass walk-out on Wednesday.
Major central banks set to signal interest rate glide path in crucial week for monetary policy
Major central banks are expected to hike interest rates once again this week, but will be watched for signs of leading in soft economic landings.
Britain sets out plans to regulate crypto industry in wake of FTX collapse
In December, a U.K. minister suggested FTX’s failure had reinforced the need for urgent crypto regulation. Now, the government has unveiled its plans.
Sticky inflation means the European Central Bank could be far from a policy pivot
The European Central Bank is set to hike interest rates again on Thursday, with policymakers in Frankfurt shifting their focus to core inflation and trying to predict when sky-high consumer prices might fall.