India’s company regulator is gathering information about education-technology firm Byju’s after the resignation of its auditor and three board members, according to people familiar with the matter.
British lenders will likely have to pass on all of the Bank of England’s record rate hikes to some savers, a JPMorgan Chase & Co. analyst predicted as he warned of intensifying risks to profits in the sector.
Germany’s business outlook deteriorated to the lowest seen this year, evidence that Europe’s biggest economy is struggling to cement a recovery after a recent recession.
The demise of five people aboard a submersible touring the Titanic’s underwater wreckage has even the most prominent adventurers urging caution. But it’s unlikely to stem a rise in extreme tourism.
The European Union is under pressure to revive plans to add a social pillar to its ESG-rulebook, after shelving the project last year amid political tensions.
The onshore yuan reopened from a holiday on the back foot, despite a move by China to slow its slide with a stronger-than-expected reference rate for the managed currency.
Ever since Russia invaded Ukraine last year, Xi Jinping’s gamble on a “no limits” friendship with Vladimir Putin has looked like it could backfire. This weekend’s brief uprising against Moscow again underscored the risks facing the Chinese leader.
Casino Guichard-Perrachon SA said it will need an equity boost of €900 million ($981 million) or more and the conversion of its unsecured debt into stock as the French retailer hammers out a restructuring plan.
BFAM Partners (Hong Kong) Ltd. parted ways with one of its most senior portfolio managers and shut its London office, marking the latest shake up at the hedge fund which was a high profile trader of China high-yield property debt.
Russian tycoon Alexey Mordashov’s $500 million superyacht is headed for his homeland after more than a year criss-crossing oceans and avoiding sanctions that led to the seizure of more than a dozen other vessels.
