Bloomberg Business

Binance Discloses Investigation by Canadian Regulator

Crypto exchange Binance Holdings Ltd. said it has received an order from one of Canada’s securities regulators to investigate whether the platform attempted to find a way around local regulations and compliance controls while seeking approvals in the country.

Musk’s Jet Departs Shanghai After Whirlwind China Visit

Elon Musk’s private jet has departed Shanghai, wrapping up his first visit to China since the pandemic and topping a whirlwind trip that included a flurry of meetings with senior government officials and a late-night visit to Tesla Inc.’s Shanghai Gigafactory.

Russia’s Rupee Trap Is Adding to $147 Billion Hoard Abroad

A lopsided trade relationship with India is forcing Russia to accumulate up to $1 billion each month in rupee assets that remain stranded outside the country, swelling the stockpile of capital it’s amassed abroad since the invasion of Ukraine.

Byju’s Lenders Scrap Talks to Restructure $1.2 Billion Loan

Creditors to Byju’s, India’s most valuable startup, have pulled out of negotiations with the company to recast a $1.2 billion loan, posing a new setback to the beleaguered tech firm, according to people familiar with the matter.

Deloitte Flags Adani Ports Deals, Cites Need for Review

Adani Ports & Special Economic Zone Ltd.’s auditor sounded a note of caution over insufficient disclosures around the company’s transactions with certain entities, returning the spotlight to allegations made by short seller Hindenburg Research on Gautam Adani’s empire.

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