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Bloomberg
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India in talks to increase Russian oil imports from Rosneft: Report
State processors are collectively working on finalising and securing new six-month supply contracts for Russian crude to India, said people with knowledge of the companies' procurement plans
 "India in talks to increase Russian oil imports from Rosneft: Report")
Sri Lanka President vows to finish term, won't run for re-election
"I can't go as a failed president," Rajapaksa said Monday in a wide-ranging interview at his official residence in Colombo, his first with a foreign media organization
 "Sri Lanka President vows to finish term, won't run for re-election")
Amazon gains as 20-for-1 stock split lowers price tag for retail buyers
Amazon, whose 20-for-1 split took effect Monday, is among companies whose stocks have tumbled since the moves were announced amid a broad market selloff that's been especially painful for tech sector
 "Amazon gains as 20-for-1 stock split lowers price tag for retail buyers")
Forecast for historic rupee low grows as oil prices widen deficit
The bearish forecasts -- which will see the rupee drop as much as 4% from current level -- stem from a deterioration in India's external finances
 "Forecast for historic rupee low grows as oil prices widen deficit")
Double whammy: Terra investors in India lost big. Now, they face the taxman
They could be taxed as much as 30% of the value of tokens received and they won't be able to offset any gains in the new token against losses from the previous one
 "Double whammy: Terra investors in India lost big. Now, they face the taxman")
The worst may be over for China stocks with tech probe's end in sight
The CSI 300 Index of onshore stocks is up 10% since a two-year low in late April, outperforming almost every national benchmark tracked by Bloomberg
 "The worst may be over for China stocks with tech probe's end in sight")
JetBlue sweetens offer for Spirit, boosts breakup fee, adds cash payment
The revised offer increases JetBlue's reverse breakup fee by $150 million and provides for about $164 million payable as a cash dividend
 "JetBlue sweetens offer for Spirit, boosts breakup fee, adds cash payment")
Property tycoons lose $65 bn amid China's 'common prosperity' goal
President Xi Jinping's resolve to achieve "common prosperity" is marking a watershed shift, signaling the end of China's property billionaire factory.
 "Property tycoons lose $65 bn amid China's 'common prosperity' goal")
Bitcoin reclaims $31k level after weeks of languishing; Ether rises 5.6%
The crypto market could also get a boost from US consumer-price data later this week.
 "Bitcoin reclaims $31k level after weeks of languishing; Ether rises 5.6%")
Beijing opens up restaurants, cinemas as China eases Covid curbs
Public transport will resume in most districts, except Fengtai and some parts of Changping, allowing workers to return to the office and restaurants to start dine-in services, local authorities said
 "Beijing opens up restaurants, cinemas as China eases Covid curbs")
With green hydrogen priced at $1 a kg, India hopes to spur clean energy use
India wants global funders including the World Bank to structure guarantee programs to help access funds at low rates, said Niti Aayog CEO Amitabh Kant
 "With green hydrogen priced at $1 a kg, India hopes to spur clean energy use")
The Russian invasion of Ukraine has unified Europe but for how long
Historians will surely record Russia's invasion of Ukraine as a transformative moment - yet what kind of transformation is harder to say
 "The Russian invasion of Ukraine has unified Europe but for how long")
As war drags on, Putin will struggle to hide Russian mothers' grief
Russia's losses in Ukraine have already been staggering, even if the pace has slowed since the disastrous early days.
 "As war drags on, Putin will struggle to hide Russian mothers' grief")
Tainted by crises and scandals, Toshiba's best option is a leveraged buyout
Having major shareholders Elliott and Farallon on the board makes this reform far more possible than any other option. Foreign investors have previously won big after helping Toshiba out
 "Tainted by crises and scandals, Toshiba's best option is a leveraged buyout")
US recession imminent and inevitable? Not if the Fed can thread the needle
"I still think we're going to navigate through without a recession. But obviously it's going to be very, very tight because risks are very high," Moody's Mark Zandi said
 "US recession imminent and inevitable? Not if the Fed can thread the needle")
In Sri Lanka, even Rajapaksa heartland paved with Chinese money is broken
The road to Hambantota may be paved with Chinese money, but its value is up for debate - now more than ever
 "In Sri Lanka, even Rajapaksa heartland paved with Chinese money is broken")
Didn't push for cuts in Covid-19 relief package, says Janet Yellen
The book, "Empathy Economics" by veteran Washington journalist Owen Ullmann, is due out Sept. 27
 "Didn't push for cuts in Covid-19 relief package, says Janet Yellen")
Saudi Arabia raise oil prices more than expected amid Asia rebound
The increase for July shipments resumes a streak of hikes that started in February and was only broken when state producer Saudi Aramco cut prices from record levels for this month
 "Saudi Arabia raise oil prices more than expected amid Asia rebound")
Mercedes to recall 1 million cars on fear of faulty breaks: Report
The regulator, known as KBA, said that the affected cars were built between 2004 and 2015
 "Mercedes to recall 1 million cars on fear of faulty breaks: Report")
Elon Musk's office mandate, recession fears complicate new work era
Musk's recent demand that all Tesla Inc. employees get back to their desks or find work elsewhere has made him the latest figurehead of the return-to-office movement
 "Elon Musk's office mandate, recession fears complicate new work era")