Page 559 - Bloomberg/undefined

Govt considers selling at least 51% of state-backed IDBI Bank: Report

Authorities plan to sell at least some of the government and LIC's stakes in IDBI Bank and cede management control

Six months of Putin's war in Ukraine unravels Russia's superpower image

Six months into President Vladimir Putin's invasion of Ukraine, the war has upended fundamental assumptions about Russia's military and economy

China starts probing property executives for possible law violations

Chinese authorities said they were investigating at least four current and former top managers, including Xiamen C&D Real Estate Chairman Zhuang Yuekai, who is suspected of "serious" law violations

China reopens doors to foreign students for first time in more than 2 years

Foreign nationals holding a valid Chinese residence permit for study or an APEC business travel card will be allowed to enter China starting today

Narendra Modi's nuclear power push gains traction as NTPC eyes new plants

A venture between NTPC Ltd. and India's monopoly nuclear developer is in advanced talks with the government to develop two 700-megawatt reactors in the central state of Madhya Pradesh

Russia may step up exports of fuels to Asia as EU sanctions tighten

Moscow's invasion of Ukraine has caused turmoil across energy markets this year, and that disruption is set to extend into 2023

Adani's ports-to-power conglomerate 'deeply overleveraged': CreditSights

The aggressive expansion pursued by the Adani Group, led by Asia's richest person, has put pressure on its credit metrics and cash flow, CreditSights said

Apple planning for 'made in India' iPhone 14 by Diwali 2022: Details here

The first iPhone 14s from India are likely to be finished in late October or November, following the initial September release

Russian exports of diamonds are rising again after sanctions chaos

The sudden shortage of stones sent diamond prices surging, especially for the smaller and cheaper gems that Alrosa specialises in

Billionaire Julian Robertson, hedge-fund guru to 'Tiger Cubs,' dies at 90

The North Carolina-born investor started New York-based Tiger Management in 1980 with $8.8 million. He was 48 at the time, relatively old to be launching his own firm

Bitcoin stuck in narrow range as traders brace for Jackson hole

Cryptocurrencies have been trading in tandem with US equities this year as both have been swayed by the Federal Reserve's interest-rate-hiking path

Start-ups binge on private money as markets around the world dry up

European venture capital transactions raised nearly $57 billion, down just 4 per cent from the same period last year, according to the data provided by analytics firm PitchBook

Pakistan set to receive $2 billion from Qatar to ease funding crunch

The South Asian nation will also get $1 billion in oil financing from Saudi Arabia and a similar amount in investments from the UAE

Global banks slice and dice $80 bn in M&A debt that no one wants

In the case of the private-equity buyout of Citrix Systems, they're cutting the debt into smaller pieces to attract a wider pool of investors

Elon Musk gets a potential boost with Twitter whistleblower's claims

Zatko claims Twitter executives failed to disclose the true extent of such accounts on the platform. His complaint was reported earlier by the Washington Post and CNN

Inflation to ease to 4% in two years after peaking, says RBI Governor

The RBI has raised policy repurchase rate by a total of 140 basis points since May, including back-to-back half point increases in June and August, to cool down inflation within its mandate

Legendary sprinter Usain Bolt files for trademarks to protect victory pose

Usain Bolt is looking to sell clothing and fashion accessories under a logo that looks like the victory pose he made famous

Chinese firm Evergrande's fall should also serve as a warning to Vietnam

China Evergrande Group's debt blowup, with the tumbling home prices and mortgage boycotts that followed, have sent the economy into its deepest spin since the Cultural Revolution

Chinese banks inflating loan numbers amid struggle to meet govt demands

Some state-owned Chinese banks are extending loans to companies and then allowing them to deposit funds at the same interest rate

Malaysia's Mahathir sees 50-50 chance of Najib Razak getting 1MDB pardon

Mahathir Mohamad, who was prime minister twice, said Malaysia's king could extend a pardon to Najib in the same way current opposition leader Anwar Ibrahim was given