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Reliance Industries studying possible bid for Walgreens' Boots chain
Reliance is in the early stages of exploring the feasibility of an offer for the Boots chain
 "Reliance Industries studying possible bid for Walgreens' Boots chain")
Mercedes EV breaks 1,000-kilometer range barrier to outdo Tesla
The EQXX prototype rode from Sindelfingen near Stuttgart via Switzerland and Italy to the Mediterranean coastal town of Cassis
 "Mercedes EV breaks 1,000-kilometer range barrier to outdo Tesla")
Port City Colombo: The great Chinese white elephant of Sri Lanka
The project is envisioned as a playground for the rich who would earn in dollars and keep all of it
 "Port City Colombo: The great Chinese white elephant of Sri Lanka")
How India stands to gain amid calls for EU to ban Russian oil imports
If Europe adopts official sanctions on Russian crude and fuel, prices will likely surge, and India could profit even more from refining Russian oil to fuels it then sells to Europe for more money.
 "How India stands to gain amid calls for EU to ban Russian oil imports")
Holcim considering potential sale of India's $9.6 bn Ambuja Cements
Holcim has been selling off non-core assets to reduce debt and diversify through acquisitions
 "Holcim considering potential sale of India's $9.6 bn Ambuja Cements")
BlackRock receives $114 bn in net flows amid market turmoil
Equity funds led the way, with a $76 billion haul, while bond funds saw $7.5 billion
 "BlackRock receives $114 bn in net flows amid market turmoil")
Shanghai logs 25,000 Covid-19 cases; vows action on lockdown violators
The financial hub is under huge pressure to try to contain China's biggest Covid outbreak since the coronavirus was first discovered in the city of Wuhan in late 2019
 "Shanghai logs 25,000 Covid-19 cases; vows action on lockdown violators")
With problems of his own, Xi hesitates on bailing out SL, Pak as debt soars
China hasn't reissued loans totalling $4 billion that Pakistan repaid in late March, and hasn't responded to Sri Lanka's pleas for $2.5 billion in credit support
 "With problems of his own, Xi hesitates on bailing out SL, Pak as debt soars")
Rare first edition of The Great Gatsby lists at $360,000
Harrington will soon bring a first edition of the 1925 book, widely considered F Scott Fitzgerald's masterpiece, to New York's International Antiquarian Book Fair, which runs from April 21-24 at the P
 "Rare first edition of The Great Gatsby lists at $360,000")
On Broadway, Disney takes cue from airlines to sell more tickets
In reality, Disney and airlines rely on a shared economic premise: Getting as many butts in seats as possible
 "On Broadway, Disney takes cue from airlines to sell more tickets")
Roman Abramovich has assets worth $7 bn frozen in tax haven Jersey
Abramovich was sanctioned by the European Union and the UK last month as part of sweeping penalties against tycoons believed to be close to Russian President Vladimir Putin
 "Roman Abramovich has assets worth $7 bn frozen in tax haven Jersey")
Soaring food, energy prices reach Asia to bring global inflation in sync
The turning point was Russia's invasion of Ukraine, which triggered an upheaval in commodities markets.
 "Soaring food, energy prices reach Asia to bring global inflation in sync")
Top oil merchant Vitol to stop trading Russian crude by end of this year
Vitol's announcement came after an adviser to Ukrainian President Volodymyr Zelenskiy wrote to the heads of Vitol and other merchant traders, asking them to terminate business dealings with Russia
 "Top oil merchant Vitol to stop trading Russian crude by end of this year")
India plans $2 bn more of exports to sanctions-hit Russia: Report
Indian government reportedly in talks with Moscow to liberalize market access for several Indian-made products.
 "India plans $2 bn more of exports to sanctions-hit Russia: Report")
We expect constructive environment for IPOs in 2nd half of FY23: Nomura
India's capital market fundraising will remain robust in the next six to 12 months as companies such as LIC are still looking to list, Nomura's Amit Thawani said
 "We expect constructive environment for IPOs in 2nd half of FY23: Nomura")
OfBusiness is seeking $2 billion in India's biggest tech IPO since Paytm
The company is in discussions with potential IPO arrangers, including Goldman Sachs Group and Morgan Stanley and India's Kotak, Avendus and ICICI Securities
 "OfBusiness is seeking $2 billion in India's biggest tech IPO since Paytm")
Russia-Ukraine war impact: US inflation rises to new 40-year high
Gasoline costs drove half of the monthly increase, which were up on account of the Russia-Ukraine war, while food was also a sizable contributor to the jump
 "Russia-Ukraine war impact: US inflation rises to new 40-year high")
Sri Lanka says will default on all external debt to pay for food
All outstanding payments to bond holders, bilateral creditors and institutional lenders will be suspended until a debt restructure, Lanka's finance ministry said
 "Sri Lanka says will default on all external debt to pay for food")
Keeping Mark Zuckerberg safe cost Meta nearly $27 million last year
Meta Platforms spent more than $15.2 million in 2021 for expenses related to protecting its chief executive officer at his homes and during personal travel, according to a recent regulatory filing
 "Keeping Mark Zuckerberg safe cost Meta nearly $27 million last year")
Out of the shadows: Sanctions put rare spotlight on Putin's daughters
Tikhonova's ex-husband Kirill Shamalov made a fortune from investing in petrochemical giant Sibur Holding, with the help of a loan from Akimov's state-controlled bank
 "Out of the shadows: Sanctions put rare spotlight on Putin's daughters")