India Summons Canadian Diplomat for Sikh Separatists Protests
India summoned Canada’s high commissioner Saturday and conveyed its concern over Sikh separatists protesting outside the country’s diplomatic mission and consulates in Canada.
Bloomberg Business
Global IPO Market Revival Undermined by Banking, Recession Risks
Banking turmoil and recession risks are spelling trouble for the global IPO market, keeping it mired in a slump even after investors started the year thinking that the worst of the stocks rout might be over.
Euro Rally Puts $1.10 in Sight With ECB Now Last Hawk Standing
Christine Lagarde is cementing her credentials as the biggest hawk among major central bankers despite the mounting banking stress, handing financial markets a reason to buy the euro and sell German bonds.
Credit Suisse Takeover Hands Swiss Business a Big Headache
UBS Group AG’s emergency buyout of Credit Suisse Group AG threatens to drastically shrink the financing options for small and mid-sized companies, after the demise of a 166-year-old champion of Swiss entrepreneurship.
Philippines May Pause Rate Hike Cycle in May: Finance Chief
The Bangko Sentral ng Pilipinas has done enough to address inflation and could pause from raising interest rates at the next policy meeting in May, Finance Secretary Benjamin Diokno said.
China Minister Says Nation’s Recovery to Benefit US Firms
China’s opening up after Covid and its strong economic recovery will offer “‘triple” benefits for US business communities despite “chilly” relations between the two countries, Foreign Minister Qin Gang told a group of American business leaders.
China Vice Premier Pledges Nation Will Continue to Open Up
Chinese Vice Premier Ding Xuexiang used a speech to global executives to reassure participants that China would continue to open up as international companies increasingly complain of market-access challenges.
Starlink Rival OneWeb Completes Fleet to Offer Global Internet
OneWeb Ltd. launched the final 36 satellites of its initial 616-satellite “constellation,” allowing the rival of Elon Musk’s Starlink to offer global broadband coverage this year.
Want Flies With That? EU Critics Have a New Conspiracy Theory
Some populist politicians say Brussels is now targeting traditional diets.
Aging Shadow Fleet Carrying Russian Oil Poses Disaster Risk
The oil tanker Turba normally should have been melted down by now.
