Gautam Adani’s sprawling corporate empire embraced the era of cheap debt like few others. But with yields spiking and access to overseas financing suddenly in question, investors and analysts say the borrowing blitz has made it all the more vulnerable amid its worst crisis ever.
DBS Group Holdings Ltd. is considering raising its stake in an unlisted Chinese bank as Southeast Asia’s biggest lender looks to take advantage of growth opportunities across the Greater China region despite heightened geopolitical tensions.
Air India Ltd. could almost double what already stands to be the biggest aircraft order in commercial aviation history as it tries to emerge from decades of mismanagement and challenge local rivals and international giants like Emirates and Qatar Airways.
(Bloomberg) — Deutsche Lufthansa AG returned to a normal flight schedule on Thursday, offering only a short respite ahead of a planned strike that threatens to hobble operations at major airports across Germany.
China’s top diplomat called on France to boost cooperation on tech issues and trade in the face of “adverse currents,” a sign of the Asian nation’s efforts to counter a US-led effort to curb its chip ambitions.
Microsoft Corp. reported its initial findings after a week of testing new artificial intelligence additions to its Bing search engine with users from more than 169 countries.
Blackstone Inc.’s Jonathan Gray expects the US Federal Reserve will raise interest rates to 5.25% to 5.5% and will then hold there an extended period of time, despite emerging signs of slowing inflation.
Indian conglomerate Adani Group is in talks with potential investors as it considers offering privately placed bonds for at least three of its group companies, people familiar with the matter said.
The Reserve Bank of India on Wednesday published a list of 32 entities, including Alphabet Inc.’s Google Pay, Amazon.com Inc.’s Amazon Pay and Reliance Payment Solutions Ltd., that are allowed to act as online payment aggregators.
London businesses are shrinking their office footprints and giving up traditional long leases as the pandemic-induced shift to flexible working settles in.
