Page 491 - Bloomberg/reuters

Adani Group aims to tackle debt deadlines with cash, private notes

The management said on the call it was seeking to cut the group's net debt to below three times Ebitda (earnings before interest, taxes, depreciation, and amortization) next year

India's plan to lift curbs on solar imports to hit local production

Officials are considering a relaxation of rules for the next two years that restrict imports from China and other foreign producers, because local plants can't keep up with rising demand

Byju's in funding talks with TPG, West Asian sovereign funds as debt weighs

Negotiations are ongoing and it's unclear if the prospective investors will go ahead with a deal, the people said, who asked not to be identified as the information is private

Lufthansa cancels 1,200 flights due to strikes at Frankfurt, Munich hubs

Lufthansa customers endured a summer of strikes and delays at Germany's biggest airports after labor unions pushed for better pay deals

Adani Group to consider privately placed bond offerings for 3 subsidiaries

If it moved ahead with any offering and was able to secure investors, it could be the first debt issuance for Adani since shortseller Hindenburg Research alleged fraud and stock manipulation

HDFC prices its biggest ever rupee bond issuance; to raise Rs 25,000 crore

HDFC is stepping up borrowing from notes because its merger with HDFC Bank Ltd. will make accessing the bond market more difficult

Borrowing blitz makes Adani's empire even more vulnerable amid worst crisis

The conglomerate, with businesses stretching from ports to renewable energy, tapped international bond buyers for more than $8 billion in recent years

Goldman growth fund increases bets on India as China interest cools

The New York-based bank is targeting to invest a quarter of its newly-raised $5.2 billion growth fund in the region, people familiar with the matter said

Meta boosts spending on Zuckerberg's security despite 'Year of Efficiency'

Meta, the parent company of Facebook and Instagram, is increasing its pretax spending on Zuckerberg's personal security to $14 million in 2023

Three mystery objects shot down have no China link: Biden administration

Those fears were stoked by the series of shootdowns over Alaska, Canada and Michigan starting Friday and raised pressure on the Biden administration to explain the nature of the high-altitude craft

Retail investors keep faith on India stocks despite recent Adani rout

Retail investors such as Mistri are part of a groundswell that is changing the face of the world's second-biggest emerging market

Lufthansa resumes operations after IT issues grounded hundreds of flights

Deutsche Lufthansa AG is returning to normal flight operations after widespread software problems linked to damaged Deutsche Telekom AG broadband cables grounded hundreds of planes

Tesla's Elon Musk may soon recapture world's richest person title

The disclosure comes as Musk, 51, has narrowed the gap to Arnault to less than $10 billion amid signs of growing demand for Tesla's electric vehicles.

Adani Group hires banks to hold meetings with fixed-income investor

Adani Group companies said in a stock exchange filing that it faces no material refinancing risk and there is no near-term liquidity requirement

Amazon's self-driving car shuttles people on public roads for first time

The company said the robotaxi trip marks the first time that a vehicle designed without human controls has carried passengers on a public road

Adani stocks rout rattles confidence in local insurer assets, says Bain

A stock rout has wiped $127 billion off the market value of Adani's empire after a scathing report by short seller Hindenburg Research on Jan 24

Starbucks illegally threatened, sacked employees: US labour board rules

The dispute involves workplace activism in 2019, before the launch of the current Starbucks Workers United campaign which has reached hundreds of the company's US cafes

US inflation rises 0.5% in January, more interest rate hike likely

CPI is up 6.4% from the year-ago period; food and energy boosted the index

Michigan campus shooting: Nearly three killed, suspect found dead

The suspect was a 43-year-old man who "is not affiliated in any way with MSU

Covid's omicron variant, thought to be milder, can increase diabetes risk

Omicron has been seen as a milder version of Covid compared with earlier strains, leading to lower rates of hospitalization and death than delta and the strain that first emerged from China