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SoftBank Group Corp to drop at least 20% staff at Vision Fund operation

The cuts will mostly be in the UK, US and China operations, which have the most headcount, said the people

Amid inflation, global bonds enter their first bear market in a generation

Soaring inflation and the steep interest-rate hikes deployed by policy makers in response have brought to an end a four-decade bull market in bonds

India overtakes Taiwan as Sensex jumps 11%, now 2nd in EM weight index

India's S&P BSE Sensex has jumped 11 per cent this quarter, the world's best performance among national benchmarks in countries with a stock market value of at least $1 trillion.

Britain slips behind India to become world's sixth biggest economy

The former British colony leaped past the UK in the final three months of 2021 to become the fifth-biggest economy

Monkeypox vaccine study raises questions about protection, shows research

The recommended series of shots with Bavarian Nordic A/S's Jynneos vaccine yielded relatively low levels of monkeypox antibodies with poor neutralizing capacity, researchers said

G-7 set to back plan to cap Russian oil price to ease market pressure

Once the G-7 support is official, diplomats will have to convince European Union member nations to amend its sixth round of sanctions on Russia over the invasion of Ukraine

Shaktikanta Das seeks to shield growth as RBI prioritises inflation fight

"We are seeing signs of slowdown globally and it will have an impact on India," Das said in an interview with television channel Zee Business on Friday

Adani utility firm eclipses India giants in value with a rise of 125%

Market value of Adani Transmission now beats India's LIC, Bharti, ITC

Gas flows from Russia look set to resume on Nord Stream after works

Grid data indicate that flows will resume on Saturday at 20% of capacity as planned

Reckitt loses a problem-solver CEO just as it was finding its footing

The departure is a blow to the consumer-goods company and its shares fell as much as 6% in early trading

Chinese firms' New York listings face greater scrutiny in new Senate bill

Rick Scott, a Republican, and Chris Van Hollen, a Democrat, said they'd introduced legislation to crack down on so-called variable interest entities that Chinese businesses commonly use for listings

Inflation and war stoking civil unrest across the globe, shows research

Of 198 countries tracked in the Civil Unrest Index, 101 showed mounting risk in the third quarter of 2022, according to research collected by intelligence firm Verisk Maplecroft

UK PM race: Liz Truss rules out new taxes, energy rationing in last pitch

Truss made the commitments at the last Conservative Party leadership hustings in London on Wednesday, ahead of the victor being announced Sept 5

Tencent targets $14.5 bn in divestments of listed equity portfolio: Report

Food-delivery service Meituan is among the assets that are in the pipeline for divestment, the paper reported.

Russia mulls buying $70 billion in yuan, other 'friendly' currencies

The yuan briefly extended gains against the dollar after the news, rallying to a session high.

Pakistan inflation hits record 47-year high before full impact of flood

Consumer prices rose 27.26% last month from a year earlier, according to data released by the government Thursday.

Amid floods, inflation, a political crisis is the last thing Pakistan needs

Accused of economic mismanagement and toppled in a no-confidence vote in April, Imran Khan has since kept up a steady stream of attacks on the coalition government that replaced him

TPG weighing majority stake sale in Fourth Partner Energy: Report

The private equity firm is working with an adviser on the deal, said the people.. A stake sale could value Fourth Partner at around $600 million, the people said.

India is new major player in Russian oil market once dominated by China

Six vessels hauling Russian crude known as ESPO were headed to refiners in the South Asian nation in August, according to traders and shipbrokers

Trump accuses justice dept of criminalising his possession of records

Donald Trump's lawyers made the broad argument that the Presidential Records Act allows a president to take whatever document he wants