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26-yr-old winemaker Sula to test Indian IPO market after tech unicorns flop

Sula Vineyards Ltd., which last month filed for an initial public offering, says it has over a 50% share of India's small but rapidly growing wine market

Property crisis threatens to drag down a third of China's steel industry

Almost a third of China's steel mills could go into bankruptcy in a squeeze that's likely to last five years

Bangladesh, world's no 2 clothes exporter, sees order drop as power falters

Bangladesh's garment industry is facing a double whammy from slowing global demand and an energy crisis at home that's threatening to thwart the nation's pandemic recovery

Bangladesh economy outshone India, now it must learn from its neighbour

Bangladesh's per capita national income is now higher than that of India next door

Global gas crunch leaves Bangladesh facing blackouts until 2026

Bangladesh is seeking support from creditors, including the International Monetary Fund

Alibaba moves a step closer towards getting booted off US stock exchanges

The firm's shares fell 9.5 per cent at 1:13 pm in New York after the announcement

With $208 bn in fortunes, Mukesh Ambani, and Gautam Adani start to face off

Ambani's Reliance Jio Infocomm Ltd. is the top player in India's mobile market, while the Adani Group doesn't even have a license to offer wireless telecommunications services

Oil prices fall as China slowdown spurs concern over demand outlook

Weekend data indicated a surprise contraction in Chinese factory activity, highlighting the cost of Beijing's preference for mobility curbs to tackle Covid-19

Investors lap up shares of firms that may benefit from Monkeypox

Shares of vaccine producers, antiviral drug makers and protective equipment manufacturers are in demand as investors tap a strategy that delivered gains during the coronavirus pandemic

China factory activity sees shock contraction on Covid-19 outbreaks

The official manufacturing purchasing managers index fell to 49 from 50.2 in June, the National Bureau of Statistics said Sunday

UK braces for biggest hike in interest rates in 27 years: Report

Bank of England says prices may leap as much as 11% this year

The Great Resignation worked: Most job-swappers got a raise, shows data

For those who stayed, less than half saw real wage gains, according to a study by Pew Research Center

Boeing gets FAA clearance to restart delivery of 787 Dreamliner aircraft

Boeing Co received preliminary US regulatory clearance to restart deliveries of its 787 Dreamliner aircraft, paving the way for the end to a drought that drained cash and dented its reputation

Elon Musk files defence under seal as Twitter trial is set for Oct 17

Twitter's lawsuit against Elon Musk over a canceled $44 billion buyout of the social-media platform is set for a 5-day trial starting Oct 17 in Delaware

S&P cuts Ukraine's credit grade as default becomes 'virtual certainty'

Ukraine had its credit grade cut by S&P Global Ratings after the war-ravaged nation asked foreign creditors for permission to delay payments on its external debt after Russia's invasion

Will $52 bn move the US to within striking distance of Asian chip giants?

CHIPS Act is a win for a cabal of US chipmakers and foreign companies, but largely ignores the nation's true semiconductor leaders who have been propping up the domestic sector for two decades

Cryptocurrency slump has flooded the market with Rolex and Patek

The supply of trophy watches such as the Rolex Daytona or Patek Nautilus 5711A "is now much larger", online-watch trading platform Chrono24 said in an emailed statement

China govt asked TikTok for stealth propaganda account, says report

The attempt, which met with push-back from TikTok executives, highlights the internal tensions within the fast-growing social media app, owned by Beijing-based ByteDance Inc

Pakistan rupee posts worst month ever amid concern on IMF loan

Pakistan is striving to stave off fears it will follow Sri Lanka into a default this year

Apple reports loss in third quarter but iPhone sales still resilient

The company's fiscal third-quarter revenue and profit narrowly topped analysts' estimates, with iPhone sales holding up better than expected