Bloomberg
Bloomberg
Page 614 - Bloomberg
Gautam Adani seeks Rs 7,500 cr to refinance Mumbai airport debt
Barclays Plc and JPMorgan Chase & Co. are among banks in discussions to provide the funds to Adani Airport Holdings Ltd, say people familiar with the matter
 "Gautam Adani seeks Rs 7,500 cr to refinance Mumbai airport debt")
EU growth forecast for 2021 raised to 4.8%, but with inflation warning
The European Commission increased its growth forecast for the currency bloc to 4.8% from 4.3% previously, while predicting better performance in 2022 too
 "EU growth forecast for 2021 raised to 4.8%, but with inflation warning")
Price shock has ICICI Prudential Life's exec expecting hawkish RBI in Aug
India's retail inflation crossed outside the central bank's 2%-6% comfort zone recently, pushing yields higher on fears the Reserve Bank of India's policy tone will change as early as August in the di
 "Price shock has ICICI Prudential Life's exec expecting hawkish RBI in Aug")
Inflation seen rising in India, China, other big Asian nations in 2022
Surging costs of imported commodities have driven China's factory inflation to the highest level since 2008, while selling prices to consumers are holding fairly steady.
 "Inflation seen rising in India, China, other big Asian nations in 2022")
Global chip crisis deepens with Daimler, Jaguar warnings on sales
A shortage of automotive chips that began late last year as consumer demand for personal devices soared amid pandemic lockdowns has persisted through 2021
 "Global chip crisis deepens with Daimler, Jaguar warnings on sales")
Inflation seen rising in China, other big Asian nations in 2022
China's consumer prices will climb an estimated 80 basis points next year, the most in Asia, followed by Indonesia seen observing an increase of three quarters of percentage point
 "Inflation seen rising in China, other big Asian nations in 2022")
E-commerce boom to double India warehouse deals, says Knight Frank
Annual warehousing transactions in the top eight Indian cities will grow to 76.2 million square feet by March 2026 from 31.7 million square feet in 2021
 "E-commerce boom to double India warehouse deals, says Knight Frank")
Asia's highest default risk puts spotlight on Sri Lanka debt worry
The first test comes July 27, when the South Asian nation must repay a $1 billion bond to investors.
 "Asia's highest default risk puts spotlight on Sri Lanka debt worry")
Fake Tesla, Apple, Amazon stocks have started trading on blockchains
The synthetic shares join a strange new world of assets, such as digital artwork and highlights of NBA games now trading on blockchains
 "Fake Tesla, Apple, Amazon stocks have started trading on blockchains")
China puts most powerful agency in charge of climate policies: Report
That climate policies are gaining a more central role in the nation's long-term development strategy.
 "China puts most powerful agency in charge of climate policies: Report")
China signals broad clampdown on company data, offshore listings
Crackdown wipes out billions from Didi, other US-listed companies
 "China signals broad clampdown on company data, offshore listings")
Politics seep into oil as diverging goals test Saudi & UAE relations
Crude slips after surging to multi-year highs amid major crisis in Opec+
 "Politics seep into oil as diverging goals test Saudi & UAE relations")
Sovereign bonds slide as RBI's choice of purchase papers disappoint
Underwriters had to rescue nearly the entire Rs 11,000 crore ($1.5 billion) of the 5-year bond at last week's sale.
 "Sovereign bonds slide as RBI's choice of purchase papers disappoint")
Saudis may work longer, pay more to Kingdom's pension fund: Report
The government -- faced with an estimated actuarial gap of 800 billion riyals ($213 billion) at the state-controlled pension fund -- is weighing proposals to increase the retirement age
 "Saudis may work longer, pay more to Kingdom's pension fund: Report")
Bitcoin swings as China regulators punish company over cryptocurrency
The largest cryptocurrency had risen as much as 3.7% to $35,094 before dropping back
 "Bitcoin swings as China regulators punish company over cryptocurrency")
With oil market in limbo, here's how analysts see things playing out
If there's no increase in production, then oil at $85 to $90 a barrel is on the cards, Fereidun Fesharaki, chairman of industry consultant FGE, said in a Bloomberg TV interview
 "With oil market in limbo, here's how analysts see things playing out")
Didi Global saga shows China's tech behemoths must first answer to Beijing
Didi is by most measures an appealing success story. The firm controls almost the entire ride-hailing market in China, and counts SoftBank Group Corp. and Tencent Holdings Ltd. as major shareholders
 "Didi Global saga shows China's tech behemoths must first answer to Beijing")
Oil and dollars: Why the UAE is risking a falling-out with OPEC+
The United Arab Emirates, the group's fourth-biggest producer, argued against a deal proposed by Saudi Arabia and Russia to extend quota limits until the end of next year
 "Oil and dollars: Why the UAE is risking a falling-out with OPEC+")
OPEC+ in crisis as specter of destructive infighting looms again
What happens next will determine whether the breakdown of talks -- which sent crude climbing toward $80 a barrel -- could escalate into a conflict as bitter and destructive at last year's price war.
 "OPEC+ in crisis as specter of destructive infighting looms again")
When will China's economy beat the US to become no. 1? It may never happen
Few questions are more consequential, whether it's for executives wondering where long-term profits will come from, or investors weighing the dollar's status as global reserve currency
 "When will China's economy beat the US to become no. 1? It may never happen")
