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Bloomberg
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Indian money managers continue to trim holdings of Adani Group's stocks
Investments by local equity mutual funds in the group accounted for only 0.9% of the industry's $182 billion in assets at the end of March
 "Indian money managers continue to trim holdings of Adani Group's stocks")
Why artificial intelligence could spell the end of OS as we know it
Critical mass for each of these companies seeking to sell AI services will be both crucial and lucrative
 "Why artificial intelligence could spell the end of OS as we know it")
India races to get rich before it gets old as population surpasses China's
How quickly India boosts its proportion of city dwellers and whether it can create enough quality jobs to accommodate the shift carries crucial significance for its growth needs
 "India races to get rich before it gets old as population surpasses China's")
Deadly heat bakes millions from China to India, raising blackout risks
Scorching temperatures are roasting Asia this week, stretching the region's power grids and raising health risks
 "Deadly heat bakes millions from China to India, raising blackout risks")
Fox News is settled, but Dominion still has many lawsuits from 2020
Dominion Voting Systems Inc. secured a $787.5 million settlement from Fox News for airing false election-fraud claims, but it still has several similar defamation suits against other companies
 "Fox News is settled, but Dominion still has many lawsuits from 2020")
Fox Corp expects no operational impact from defamation lawsuit settlement
Fox declined to say whether insurance would help offset the payment
 "Fox Corp expects no operational impact from defamation lawsuit settlement")
Food prices in UK rise at fastest rate in 45 years; March figure above 10%
March figure sticks above 10%, lifting prospect of interest rate hike
 "Food prices in UK rise at fastest rate in 45 years; March figure above 10%")
Morgan Stanley's profits decline in Q1 amid investment-banking slowdown
Net income slid 20% from a year earlier to $2.84 billion amid a slowdown in the trading and banking businesses. The firm's investment bank was able to stave off a steeper drop
 "Morgan Stanley's profits decline in Q1 amid investment-banking slowdown")
Tesla goes for price cut in US for sixth time this year to spur demand
The cuts came ahead of the electric-vehicle maker's first-quarter earnings due on Wednesday and sent the stock down nearly 3 per cent in early trading
 "Tesla goes for price cut in US for sixth time this year to spur demand")
Snap attracts 3 million paying users to AI-enhanced subscription service
The growth has exceeded the company's expectations and includes the addition of about a million paying users in the past 11 weeks, Snap said Wednesday
 "Snap attracts 3 million paying users to AI-enhanced subscription service")
Credit Suisse files long-awaited $440 million lawsuit against Softbank
The Swiss lender sued SoftBank in London earlier this month, saying it planned to focus on maximizing recovery for investors in its supply chain finance funds
 "Credit Suisse files long-awaited $440 million lawsuit against Softbank")
Google hit leadership diversity goal 3 yrs ahead of schedule before layoffs
The company met its commitment of boosting leadership representation for underrepresented minorities by 30% in 2022, according to its annual diversity report
 "Google hit leadership diversity goal 3 yrs ahead of schedule before layoffs")
Bed Bath & Beyond renews bankruptcy talks as efforts to raise cash fails
The filing could come before an April 26 deadline by which the company sought to raise another $300 million from equity investors, the people said
 "Bed Bath & Beyond renews bankruptcy talks as efforts to raise cash fails")
KKR sees India, South Korea as sweet spots amid realty crisis: Report
Real estate investment vehicles overseen by KKR and its rivals like Blackstone Inc. have come under pressure, with many investors requesting their money back
 "KKR sees India, South Korea as sweet spots amid realty crisis: Report")
Carbon offset market unfortunately keeps growing, more efforts needed
Forest-based offsets have come under particular scrutiny lately, with report after report suggesting they don't mop up nearly as much carbon as they claim
 "Carbon offset market unfortunately keeps growing, more efforts needed")
Can India cope? What being the world's most-populous nation means
Not only does India have more people, it also has one of the youngest populations, UN data shows. More than half its population is under the age of 30, with a median age of 28
 "Can India cope? What being the world's most-populous nation means")
Bitcoin drops again below $30,000 on account of interest rate fears
The largest token fell as much as 4.5% before paring some of the slide to trade at about $29,175 as of 11:50 a.m. in London on Wednesday
 "Bitcoin drops again below $30,000 on account of interest rate fears")
Equities, other risk assets may be hit as $800-bn stimulus fades, says Citi
The risk rally has been fuelled by the injection of over $1 trn of central bank liquidity, and high-frequency liquidity indicators suggest this is already stalling
 "Equities, other risk assets may be hit as $800-bn stimulus fades, says Citi")
Beijing hospital fire death toll rises to 29 as public anger grows
Initial media reports about the fire were scant. Footage of the fire was also censored on social media at first
 "Beijing hospital fire death toll rises to 29 as public anger grows")
Netflix sees stronger second half on password-sharing crackdown in US
The company, which reported a lower-than-expected subscriber gain for the first quarter, has been testing ways to reduce account sharing in Latin America, and rolled out a plan to charge such users
 "Netflix sees stronger second half on password-sharing crackdown in US")