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Moody's cuts outlook on China's sovereign bonds to negative on rising debt

Moody's lowered its outlook to negative from stable while retaining a long-term rating of A1 on the nation's sovereign bonds, according to a statement

Adani Group stocks soar as US dubs Hindenburg allegations irrelevant

Value of GQG's investment up 75% to $7.5 bn

India, UK seek to wrap up trade negotiations before busy election year

It's the 13th round of negotiations on a deal intended to expand a trading relationship that was worth more than $24 billion last year

Surging gold prices prompt Indians to recycle jewellery for weddings

"Wedding purchases are happening as they are inevitable," said Ashish Pethe, a partner at Waman Hari Pethe Jewellers

US services sector gauge picks up in Nov on improved business activity

The business activity index, which parallels ISM's factory output gauge, climbed in November after posting the biggest drop this year in the prior month

US job openings fall in Oct to lowest since 2021 as labor market cools

A moderation in quits may imply Americans are feeling less confident in their ability to find other jobs in the current market or reflect a smaller wage premium on offer for job-switchers

Johnson & Johnson sees 2024 sales growth slowing as top drug faces rivals

The pharma and medical devices giant will soon lose its exclusivity with psoriasis treatment Stelara, which accounted for a fifth of its drug sales in the third quarter

Staff at Trafigura tried to hide nickel 'red flags', messages show

On one occasion, a Trafigura employee instructed one of Gupta's executives to "please maintain a minimum of credibility" regarding the journey times for cargoes of nickel

State results show BJP in pole position but the Opposition can still fight

The BJP has twice now won majorities in India's parliament by sweeping almost every constituency in the north and the west of the country

As India's garbage pile climbs, waste-to-energy may offer the solution

The JBM Enviro waste-to-energy facility runs like a coal-fired power plant - it uses heat from burning feedstock to turn water into steam that powers a turbine

US govt examined Hindenburg allegations before giving $553 mn loan to Adani

Allegations in a scathing report by US-based Hindenburg Research, which erased around $100 billion from the Adani Group's market value earlier this year

Global carbon emissions from fossil fuels to rise 1.1% to hit peak in 2023

The planet is on track to exceed its carbon budget for 1.5C of warming around 2030, and the budget for 1.7C in 15 years, according to the group's Global Carbon Budget annual report

Byju's founder Raveendran pledges homes to raise funds for staff salaries

Two homes owned by Raveendran's family in Bengaluru, in southern India, and his under-construction villa in Epsilon, a plush gated community in the city, were offered as collateral to borrow $12 mn

India pushes to maintain military presence in 'strategically imp' Maldives

The two countries have set up a committee to discuss India's deployment in the archipelago, the officials said, asking not to be identified because the discussions are private

US sets limits on sourcing material from China to receive EV tax credits

The restrictions will apply to battery components next year, then include suppliers of key battery raw materials, such as nickel and lithium, in 2025

Edtech company Byju's calls for AGM to approve audited FY22 financials

Calls AGM to okay audited financials

Brookfield's $12.8 billion Origin Energy bid rejected by investors

"The utility will "focus on delivering on our strategic priorities, accelerating investment in cleaner energy and storage and pursuing our ambition to lead the energy transition," Origin Chairman said

Global green bonds mark second-busiest month of 2023 as issuers pounce

Issuance of all kinds of ESG bonds - green, social, sustainability and sustainability-linked bonds, or SLBs - jumped to $82.6 billion in November, up from $55.9 billion in October

What world's biggest banks really mean when they put trillions into ESG

By 2021, the role of finance in creating a greener, fairer planet was a growing part of the public debate, leading an ever greater number of lenders to produce such targets

Rishi Sunak's current polling worse than Truss with key UK voters

Just 59% of voters who backed the Conservatives under Boris Johnson at the 2019 election are sticking with the party under Sunak, the report found