Billionaire Agarwal Shakes Up Vedanta as Debt Bill Looms
Billionaire Anil Agarwal’s Vedanta Ltd. has announced plans to overhaul the tycoon’s sprawling conglomerate amid efforts to reduce a multibillion dollar debt load at its parent company.
Billionaire Anil Agarwal’s Vedanta Ltd. has announced plans to overhaul the tycoon’s sprawling conglomerate amid efforts to reduce a multibillion dollar debt load at its parent company.
Bulgaria accused Russia of boosting euroskeptic sentiment aimed at blocking the country’s deeper integration in the European Union and adopting the bloc’s single currency.
India, the world’s biggest rice exporter, is considering to cut the floor price for basmati shipments to make the premium variety attractive in the world market, according to people familiar with the matter.
Spain’s opposition leader failed in his second bid this week to become prime minister, falling short by four votes in parliament and paving the way for the Socialist chief Pedro Sanchez to be reelected to a new term.
Jamie Dimon wasn’t going to be embarrassed into a settlement. As damaging revelations about the extent of JPMorgan Chase & Co.’s relationship with Jeffrey Epstein trickled out of a lawsuit this year, his bank balked at paying up.
Yields on 30-year Treasuries are on track for their largest quarterly jump since 2009, stoking anxiety that the bond rout of the past few months could reverberate across financial markets.
US Senator Marco Rubio slammed companies that continue to sell cold and flu drugs even after decades of research showing that their main decongestant ingredient isn’t effective.
Adler Group SA paid a 21% coupon to raise funds from the bond market in a sign of the intense funding stresses buffeting the beleaguered German landlord.
When Jason Hsu saw Nvidia Corp. rally above $250 a share earlier this year, he gave his mom what he thought was a sage piece of advice: Sell your shares.
The European Union is looking at ways to lock down improvements in its working relationship with the US in case Donald Trump wins next year’s presidential election.