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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

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

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

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

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

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

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

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

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."

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

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

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

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

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

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

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

Turkish anger turns to Erdogan on inadequate quake response, weak buildings

The criticism comes as Erdogan prepares for national elections in May, where he is seeking to extend his record two-decade rule - one marked by a surge in building hailed by the president

Hindenburg's accusations against Adani Group put money-laundering in focus

A more than $100 billion rout in the share prices of the highly leveraged infrastructure owner has the potential to spark a broader contagion, especially if the local banking system gets infected

As China battles crises, HSBC bets big on India's $400 bn pile of wealth

It also plans to launch an onshore private banking service in the South Asian country this year

Stocks of Adani Group remain in MSCI indices after quarterly review

It is still unclear whether the index provider has adjusted weightings of any of the group's stocks in its equity gauges in its latest review