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Putin's war to lop $190 billion off Russia's economy in delayed reckoning

An economy Putin once wanted to make one of the world's five biggest is on a path to lose $190 billion in gross domestic product by 2026 relative to its prewar trajectory

India won't allow new sugar exports to prevent domestic shortages

India, which vies with Brazil as the world's biggest sugar producer, will not allow any more exports for now on concern that weaker production will threaten domestic supplies

Adani's crisis to spark democratic revival in India, says George Soros

The fallout from US short seller Hindenburg Research's attack on the conglomerate threatens to hurt investor confidence in India, has fueled concerns about the country's regulatory framework

Visa CFO Vasant Prabhu set to retire after firm gets new leadership

Prabhu has been Visa's CFO since 2015. He oversaw its finances at a time when profits soared, the firm added hundreds of millions of cardholders

Omicron variant still infected those with early Covid-19 cases, shows study

Those who were infected with alpha, beta and delta variants were only 36% better protected from reinfection with omicron about 10 months later than people who hadn't had the disease

China's Covid Zero policy broke the system that keeps its factories running

The slow return of migrant workers shows how China's economic outlook remains uncertain, despite Beijing's desire to put the chaos of Covid Zero behind it

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

YouTube CEO Susan Wojcicki steps down after 9 years, Neal Mohan to lead

Mohan has been Wojcicki's top deputy for years, moving over from Google's ads business to YouTube in 2015. He was widely seen as her natural successor

Indian Oil clarifies on Adani Gas deal after public scrutiny: Report

An Indian Oil spokeswoman said on Thursday that the agreement with Adani was signed very recently and there was no commitment on capacity use

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