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Adani stocks rout rattles confidence in local insurer assets, says Bain
A stock rout has wiped $127 billion off the market value of Adani's empire after a scathing report by short seller Hindenburg Research on Jan 24
 "Adani stocks rout rattles confidence in local insurer assets, says Bain")
Starbucks illegally threatened, sacked employees: US labour board rules
The dispute involves workplace activism in 2019, before the launch of the current Starbucks Workers United campaign which has reached hundreds of the company's US cafes
 "Starbucks illegally threatened, sacked employees: US labour board rules")
US inflation rises 0.5% in January, more interest rate hike likely
CPI is up 6.4% from the year-ago period; food and energy boosted the index
 "US inflation rises 0.5% in January, more interest rate hike likely")
Michigan campus shooting: Nearly three killed, suspect found dead
The suspect was a 43-year-old man who "is not affiliated in any way with MSU
 "Michigan campus shooting: Nearly three killed, suspect found dead")
Covid's omicron variant, thought to be milder, can increase diabetes risk
Omicron has been seen as a milder version of Covid compared with earlier strains, leading to lower rates of hospitalization and death than delta and the strain that first emerged from China
 "Covid's omicron variant, thought to be milder, can increase diabetes risk")
US Inflation stays elevated, adding pressure for more Fed hikes
The median estimates in a Bloomberg survey of economists called for a 0.5% monthly advance in the CPI and a 0.4% gain in the core measure
 "US Inflation stays elevated, adding pressure for more Fed hikes")
Boeing cuts India's aviation mkt outlook to 2,210 new jets over next 20 yrs
India's air traffic has "transitioned from recovery to growth," having returned to 98% of pre-pandemic levels, Boeing said, adding that domestic traffic should double by the end of this decade
 "Boeing cuts India's aviation mkt outlook to 2,210 new jets over next 20 yrs")
Qatari investors set to make an offer for Manchester United in coming days
The Qatari consortium is preparing to submit an initial bid for the English Premier League football club by the end of the week, the people said
 "Qatari investors set to make an offer for Manchester United in coming days")
Adani crisis unlikely to spill over to other Indian conglomerates
Adani is an outlier, not representative of India Inc. as a whole," economists Abhishek Gupta, Scott Johnson and Tom Orlik said in their report Tuesday
 "Adani crisis unlikely to spill over to other Indian conglomerates")
India's soaring Russian oil imports making rupee payment mechanism futile
New Delhi's imports from Russia in eight months to November were almost 16 times its shipments to the nation, trade ministry data show
 "India's soaring Russian oil imports making rupee payment mechanism futile")
Dabur weighs acquisitions to expand across India, SE Asia amid competition
The expansion comes as Dabur faces intensifying competition from deep-pocketed rivals - including global consumer titan Unilever Plc - which are swooping in on upstart Indian brands
 "Dabur weighs acquisitions to expand across India, SE Asia amid competition")
Renault, Nissan to invest $600 million to expand lineup, add jobs in India
The two will produce six new vehicles in the South Asian nations- including two electric cars - for domestic and international customers
 "Renault, Nissan to invest $600 million to expand lineup, add jobs in India")
OPEC chief tells climate negotiators to 'look at the big picture'
OPEC's top official said climate policies need to be more "balanced and fair."
 "OPEC chief tells climate negotiators to 'look at the big picture'")
Unidentified object over Canada shot down as aerial drama escalates
The drama began earlier this month when a balloon traversed North America, gripping global attention and sparking a diplomatic standoff between the US and China
 "Unidentified object over Canada shot down as aerial drama escalates")
Rishi Sunak privately drafting plans to rebuild Britain's ties with EU
Prime Minister Rishi Sunak has privately asked senior ministers and officials to draw up plans for rebuilding the UK's relations with the European Union after years of acrimony since Brexit
 "Rishi Sunak privately drafting plans to rebuild Britain's ties with EU")
China insists balloon for civilian use, accuses US of exaggerating dispute
The Biden administration offered details including that high-resolution imagery provided by U-2 spy planes flying past the balloon revealed an array of surveillance equipment
 "China insists balloon for civilian use, accuses US of exaggerating dispute")
Rising India rates to upset PM Modi's Budget math on small savings
Bonds have since pared their gains, with the budget math increasingly looking daunting as commercial interest rates soar tracking a tight monetary policy
 "Rising India rates to upset PM Modi's Budget math on small savings")
Turkey earthquakes: World Bank to provide $1.78 billion for relief
The lender is offering immediate assistance of $780 million through two existing projects to rebuild basic municipal-level infrastructure
 "Turkey earthquakes: World Bank to provide $1.78 billion for relief")
Microsoft cuts jobs in HoloLens, Surface, Xbox as layoffs continue
A total of 617 workers were laid off in the Seattle area, according to a notice filed with the state
 "Microsoft cuts jobs in HoloLens, Surface, Xbox as layoffs continue")
The $1 billion-a-month spread to deliver Russian crude oil to India
There are fortunes to be made delivering Russian crude oil to India
 "The $1 billion-a-month spread to deliver Russian crude oil to India")