India Adani Indian billionaire Gautam Adani faces the biggest reputational and business challenge of his life.
Adani row rocks India’s parliament amid contagion fears

Credit ratings agency Moody’s has warned Adani’s share plunge could hit the group’s ability to raise capital as Indian MPs demand an inquiry into the meltdown.

Blinken cancels visit over Chinese spy balloon

US authorities say a “surveillance” balloon is floating eastward over the country while Chinese officials say it strayed into US airspace unintentionally.

G7, EU and Australia agree on price cap on Russian fuel

Major industrialised countries in the west, including Australia, will impose a price cap on refined Russian oil products such as diesel and kerosene.

UK lawsuit of ‘bitcoin inventor’ can go to trial

Australian computer scientist Craig Wright is suing 15 developers in a London court in a bid to retrieve about 111,000 bitcoin after he lost the encrypted keys.

Nasdaq soars on Meta bump, Fed lift

The Nasdaq and S&P 500 ended higher on Thursday after touching roughly five-month intraday highs as a more dovish-than-expected message from Federal Reserve Chair Jerome Powell boosted equities and Meta Platforms shares soared on rigorous cost controls.

Bank of England hikes rates by half-point

A majority of members of the Bank of England’s Monetary Policy Committee have voted to increase the base interest rate from 3.5 per cent to 4 per cent.

McCarthy says he will meet Biden again on U.S. debt ceiling

Republican U.S. House of Representatives Speaker Kevin McCarthy said on Thursday that he and President Joe Biden have agreed to meet again for talks on raising the U.S. government borrowing limit.