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Adani Ports & SEZ starts first bond buyback after Hindenburg report
The company also said it plans to buy back $130 million of the 3.375% senior notes in each of the next four quarters
 "Adani Ports & SEZ starts first bond buyback after Hindenburg report")
Luxury brand LVMH's market value surpasses $500 bn, a first in Europe
Shares of Paris-based LVMH Moet Hennessy Louis Vuitton SE, as the company is formally known, climbed 0.3% to €903.70 at 10:43 a.m. Monday, valuing the company at €454 billion ($500 billion)
 "Luxury brand LVMH's market value surpasses $500 bn, a first in Europe")
A 35,000% stock market return since 2012 in European Union? Here's how
Europe's haul isn't far behind the US, where 71 companies have achieved the same feat in the past 10 years, belying the notion the corporate landscape here is sclerotic
 "A 35,000% stock market return since 2012 in European Union? Here's how")
Citi India plans to launch sustainability-linked deposits in coming days
Money raised from these deposits will be invested by Citi to help multinational customers meet their environmental, social and governance obligations in India
 "Citi India plans to launch sustainability-linked deposits in coming days")
Neighbors India, China discuss border issue ahead of regional meeting
The neighbors, who share a 3,488 Km (2,167 miles)-long disputed border, have been locked in their worst dispute in four decades since the summer of 2020
 "Neighbors India, China discuss border issue ahead of regional meeting")
Lyft plans 30% staff cut in a fresh round of layoffs to reach profitability
The Wall Street Journal earlier reported the cuts, adding that they could help Lyft slash 50% of its costs
 "Lyft plans 30% staff cut in a fresh round of layoffs to reach profitability")
China embassy removes interview transcript on ex-Soviet State
It wasn't clear why the transcript was taken down. At a regular press briefing Monday, Mao Ning, Foreign Ministry spokeswoman, said she was unaware of the situation
 "China embassy removes interview transcript on ex-Soviet State")
US retailer Bed Bath & Beyond files for bankruptcy as turnaround fails
The company estimated it had assets of $4.4 billion and total debt of $5.2 billion as of late November, according to a court filing
 "US retailer Bed Bath & Beyond files for bankruptcy as turnaround fails")
German public-sector deal sees salary rise for 2.5 million workers
Staff will receive staggered one-time payments totaling 3,000 euros ($3,300) through February 2024
 "German public-sector deal sees salary rise for 2.5 million workers")
SVB still seeing outflows after first citizens takeover, FT says
First Citizens' stock has risen more than 77% since the takeover, with its price hitting a record last week
 "SVB still seeing outflows after first citizens takeover, FT says")
Biden plans to stringent limits on GHG emissions on coal, gas power plants
The White House is in the final stages of reviewing a draft proposal from the Environmental Protection Agency, which would target both new and existing power plants
 "Biden plans to stringent limits on GHG emissions on coal, gas power plants")
Global IPO market shows signs of life even as recession fears persist
The global market for initial public offerings is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in Asia
 "Global IPO market shows signs of life even as recession fears persist")
US bank deposits fall $76.2 bn, led by large institutions: Fed data
Meantime, commercial bank lending rose $13.8 billion last week on a seasonally adjusted basis
 "US bank deposits fall $76.2 bn, led by large institutions: Fed data")
LinkedIn co-founder defends funding rape accuser suit against Trump
"I want to be clear that I've never taken any steps to hide the financial support that I have provided to this lawsuit after it started," he said
 "LinkedIn co-founder defends funding rape accuser suit against Trump")
SVB's CEO, CFO step down more than a month after the lender's collapse
The firm is exploring strategic alternatives for its remaining businesses, SVB Capital and SVB Securities
 "SVB's CEO, CFO step down more than a month after the lender's collapse")
Alphabet CEO Sundar Pichai's pay soars to $226 mn on huge stock award
Pichai's stock award comes on a three-year schedule, and he received a similarly sized package in 2019
 "Alphabet CEO Sundar Pichai's pay soars to $226 mn on huge stock award")
Lyft plans job cuts, may hit 30% of employees as it struggles over profit
The Wall Street Journal earlier reported the cuts, adding that they could help Lyft slash 50% of its costs
 "Lyft plans job cuts, may hit 30% of employees as it struggles over profit")
Google merges DeepMind, brain research units as AI race hots up
The change folds the Brain team from Google Research and Alphabet's DeepMind into one team, Chief Executive Officer Sundar Pichai said in a blog post
 "Google merges DeepMind, brain research units as AI race hots up")
Tesla investors flag mismanagement, demand review of Musk performance
The 17 shareholders, who hold more than $1.5 billion of Tesla stock, said Musk is distracted by his commitments to other companies and must be reined in
 "Tesla investors flag mismanagement, demand review of Musk performance")
Closer look at Bitcoin's rally suggests the depth of demand is deceptive
Since Binance stopped its zero-fee trading program, there's been a sharp drop-off in daily Bitcoin volume, Medalie said. Current trends are about half what they were prior to the halt
 "Closer look at Bitcoin's rally suggests the depth of demand is deceptive")