Page 8 - Bloomberg

Standard Chartered CEO apologizes for 'lower-value human' comments

Winters wrote in a LinkedIn post on Friday that he recognized his 'choice of words' has 'caused upset to some colleagues'

RBI may turn to 2013 taper tantrum playbook to defend weakening rupee

The urgency has grown after the rupee slumped to a record low of nearly 97 per dollar this week, driving up import costs and further eroding investors' confidence

Lionel Messi joins Ronaldo in billionaire football ranks after US deals

A massive paycheck from current team Inter Miami, purported TV revenue-sharing deals, real estate holdings and even a stake in an Argentine restaurant chain have all helped land him in 10-figure club

Capital Group builds $2 billion bet in Adani Group in pivot from Reliance

The Los Angeles-based money manager has acquired stakes worth more than $2 billion across three Adani Group companies in recent weeks

Foreign selloff in Indian equities likely to extend into 2027: BofA

Local stocks are among the worst performers globally so far in 2026, with a weakening rupee worsening a record $23 billion foreign selloff as global investors chase AI-linked plays elsewhere in Asia

Ebola spreads silently through Congo's mines and conflict-hit regions

Population growth, climate change and rising human contact with wildlife are fuelling spread of animal-borne diseases like Ebola, though improved detection methods may explain some increase in cases

Strait of Hormuz closure threatens recession rivaling 2008: Rapidan Energy

Oil prices have nearly doubled since late February as the war between the US, Israel and Iran upends global markets and triggers concern about a simultaneous spike in inflation and slowdown in growth

Progress in US, Iran talks undercut over uranium stockpile, Hormuz tolls

Secretary of State Marco Rubio said a toll system would make a deal with the US 'unfeasible'

Nvidia's profit increases 211% as AI boom powers chipmaker's growth

Nvidia highlighted diversification beyond hyperscalers as it posted soaring profits amid rising AI chip competition

Citigroup Inc sees IPOs hitting fresh records despite challenges

For foreign investors looking at India, interesting themes include the country's positioning in AI

$4 billion Jio IPO hits roadblocks on impact of West Asia conflict

Reliance Industries has reportedly slowed preparations for the potential IPO of Jio Platforms amid market volatility and geopolitical tensions linked to the Iran conflict

US manufacturing growth hits 4-year high as Iran conflict fuels stockpiling

The figures show how manufacturing is getting a temporary boost from the conflict, which has upended supply chains and driven energy and other costs sharply higher

Sajjan Jindal's JSW Motors secures ₹8,000 crore SBI funding for EV push

SBI will partly fund JSW Motors Ltd.'s 'greenfield manufacturing facility' in Maharashtra, and may sell down part of the exposure to other lenders in the event of demand in the secondary loan market

Iran reviewing Trump's latest proposal as clock ticks on ceasefire

Iran gave no indication of when it would respond to the US and reiterated it wants a commitment that fighting will end 'on all fronts, including Lebanon'

RBI weighs all options including rate hike, forex swaps to stabilise rupee

The next scheduled monetary policy decision is on June 5, although the RBI has previously made an out-of-cycle adjustment in May 2022

India's IPO market expected to hit fresh records despite challenges: Citi

Citigroup's India head of investment banking, Rahul Saraf, said more deals should emerge as multinationals reassess portfolios and divest non-core assets

Trump renews pressure as Iran warns retaliation may spread beyond West Asia

The US has insisted Iran surrender any plans for nuclear enrichment and reopen the Strait of Hormuz to commercial traffic - demands Tehran is refusing

Ebola outbreak likely started months ago, spread undetected in Africa: WHO

First confirmed death took place April 20, and experts used social media posts to reconstruct the recent progress of the virus after the super-spreader event on May 5

US seeks to boost energy exports to India as Iran war disrupts supplies

India is struggling with an energy crisis caused by the nearly three-month-long war against Iran that the US and Israel launched in late February

Samsung reaches tentative labour union deal, averting crippling strike

Samsung Electronics reaches tentative wage deal with union, easing fears of major semiconductor supply disruptions