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Avendus Capital founders eye $35 million each after Mizuho Financial deal

The deal shows how finance founders in India are getting rich as the sector's rapid growth attracts a wave of mergers and stock listings

EU leaders agree to $106 bn loan to Ukraine for 2026-2027 amid peace hopes

EU leaders were under intense pressure to agree to the massive loan for Ukraine at the make-or-break summit after months of talks failed to break the deadlock over the contentious plan

Adani plans nuclear energy foray after private firms get OK to enter sector

The plan, part of efforts by Asia's second-richest man to broaden his renewable portfolio, would give the conglomerate about 1,600 MW of nuclear capacity

Adani's airport unit plans $11 bn investment, seeks partner ahead of IPO

Adani Airport Holdings currently operates seven airports, including those in Mumbai and Ahmedabad, and is now targeting 11 more airports slated for privatisation, Jeet Adani said

India's big bang financial reforms open doors to wave of foreign capital

In the latest step, lawmakers passed a bill this week allowing up to 100 per cent foreign ownership of insurance firms, bolstering an industry long viewed as under-penetrated and capital-starved

Goldman, JPMorgan expect India's record IPO boom to continue in 2026

Kotak Mahindra Capital Co and Goldman Sachs Group Inc expect next year's IPO fundraising to reach as much as $25 billion, representing an increase of roughly 14% from the current year's level

Japan should have nuclear weapons, PM's security adviser reportedly says

The official cited Japan's worsening security environment, pointing to China's expanding nuclear arsenal, Russia's nuclear threat and North Korea's ongoing development of nuclear weapons

Asia sees Mexico's sweeping 50% tariffs as building Trump's new trade wall

For the countries affected by the new rates out of Mexico City, this is a sobering reminder that they have more than just the US president to deal with

BP's sudden CEO change shocks investors, signals shift in company strategy

Auchincloss had been in the chief executive role less than two years and just this February had unveiled a strategic reset. His replacement will be Meg O'Neill

Australia to start gun buyback programme after Bondi Beach terror attack

Australian Prime Minister Anthony Albanese on Friday announced the government will introduce legislation to help fund the buyback

Nasa chief fuels SpaceX-Blue Origin rivalry as US eyes return to moon

Both SpaceX and Blue Origin hold contracts with Nasa to build lunar landers for the agency's Artemis program

US core inflation unexpectedly eases to slowest pace since 2021

The report was complicated by the federal government shutdown, which prevented the BLS from collecting much of the October price data

Venezuela inflation soars 500% as Trump intensifies pressure on Maduro

The inflation rate soared to 556 per cent in the 12 months through Dec. 17, up from 219 per cent at the end of June and 45 per cent in 2024, according to a weekly index compiled by Bloomberg News

Trump announces $1,776 'Warrior Dividend' for troops amid inflation fears

Trump announced the plan Wednesday during a prime-time address from the White House meant to extol his accomplishments this year and assuage Americans increasingly worried about their cost of living

US approves up to $11 bn arms sale to Taiwan, risking China backlash

The total value of the sales is up to $11.154 billion, according to a separate statement from Taiwan's Defense Ministry

How BP's new boss O'Neill became the most powerful woman in fossil fuels

Under her watch, Woodside doubled oil and gas output, leaned aggressively into seaborne LNG, and shelved lower-carbon projects that failed to clear commercial hurdles

Trump Media to merge with TAE in $6 bn deal to build nuclear fusion company

Upon completion of the deal, shareholders of each company will own about 50% of the combined firm on a fully diluted equity basis

Kneejerk reactions not enough to stop the next Bondi Beach attack

Faced by such a targeted act of violence after years of increasing antisemitic attacks, it's unsurprising that Jewish Australians feel they've been left unprotected

Insurance reforms pave way for 100% foreign ownership in pension firms

The measure is an "enabler" that will help draw interest from global investors in the pension fund sector over time

Tankers with Russian oil shunned by India pile up off China coast

At least five vessels carrying about 3.4 million barrels were idling in the Yellow Sea as of Wednesday, double the volume of last week and the highest level for the grade in that region