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Adani Ports & SEZ starts first bond buyback after Hindenburg report

The company also said it plans to buy back $130 million of the 3.375% senior notes in each of the next four quarters

Citi India plans to launch sustainability-linked deposits in coming days

Money raised from these deposits will be invested by Citi to help multinational customers meet their environmental, social and governance obligations in India

Neighbors India, China discuss border issue ahead of regional meeting

The neighbors, who share a 3,488 Km (2,167 miles)-long disputed border, have been locked in their worst dispute in four decades since the summer of 2020

Lyft plans 30% staff cut in a fresh round of layoffs to reach profitability

The Wall Street Journal earlier reported the cuts, adding that they could help Lyft slash 50% of its costs

China embassy removes interview transcript on ex-Soviet State

It wasn't clear why the transcript was taken down. At a regular press briefing Monday, Mao Ning, Foreign Ministry spokeswoman, said she was unaware of the situation

US retailer Bed Bath & Beyond files for bankruptcy as turnaround fails

The company estimated it had assets of $4.4 billion and total debt of $5.2 billion as of late November, according to a court filing

German public-sector deal sees salary rise for 2.5 million workers

Staff will receive staggered one-time payments totaling 3,000 euros ($3,300) through February 2024

SVB still seeing outflows after first citizens takeover, FT says

First Citizens' stock has risen more than 77% since the takeover, with its price hitting a record last week

Biden plans to stringent limits on GHG emissions on coal, gas power plants

The White House is in the final stages of reviewing a draft proposal from the Environmental Protection Agency, which would target both new and existing power plants

Global IPO market shows signs of life even as recession fears persist

The global market for initial public offerings is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in Asia

US bank deposits fall $76.2 bn, led by large institutions: Fed data

Meantime, commercial bank lending rose $13.8 billion last week on a seasonally adjusted basis

LinkedIn co-founder defends funding rape accuser suit against Trump

"I want to be clear that I've never taken any steps to hide the financial support that I have provided to this lawsuit after it started," he said

SVB's CEO, CFO step down more than a month after the lender's collapse

The firm is exploring strategic alternatives for its remaining businesses, SVB Capital and SVB Securities

Alphabet CEO Sundar Pichai's pay soars to $226 mn on huge stock award

Pichai's stock award comes on a three-year schedule, and he received a similarly sized package in 2019

Lyft plans job cuts, may hit 30% of employees as it struggles over profit

The Wall Street Journal earlier reported the cuts, adding that they could help Lyft slash 50% of its costs

Google merges DeepMind, brain research units as AI race hots up

The change folds the Brain team from Google Research and Alphabet's DeepMind into one team, Chief Executive Officer Sundar Pichai said in a blog post

Tesla investors flag mismanagement, demand review of Musk performance

The 17 shareholders, who hold more than $1.5 billion of Tesla stock, said Musk is distracted by his commitments to other companies and must be reined in

Closer look at Bitcoin's rally suggests the depth of demand is deceptive

Since Binance stopped its zero-fee trading program, there's been a sharp drop-off in daily Bitcoin volume, Medalie said. Current trends are about half what they were prior to the halt

Twitter asks companies to pay for check marks, spend monthly to advertise

Businesses that already spend $1,000 a month on ads will be allowed to continue and will be given a gold check mark, the company added

Big tech earnings to offer reality check to investors over AI hype

Earnings misses on already revised-down estimates could threaten stock prices even as any guidance updates are scrutinized by the market