Reliance Industries Ltd., Bharat Petroleum Corp Ltd. and Nayara Energy Ltd. are among Indian refiners using United Arab Emirates dirham to pay for some shipments of Russian crude as they navigate Western sanctions.
US President Joe Biden taunted Xi Jinping in his State of the Union address, saying autocracies had grown weaker around the world and no one would want the Chinese leader’s job.
Meituan dived its most in two months after unveiling plans to hire as many as 10,000 people this quarter, as the Chinese food delivery company tries to fend off a challenge from ByteDance Ltd.
The UK has paid out £640 million ($774 million) to lenders against pandemic loans to small businesses now suspected of being fraudulent, the latest sign that the government failed to put effective measures in place to protect taxpayer money.
Binance, the world’s largest digital-asset exchange, indicated a full audit of its assets and liabilities is some way off amid calls for more transparency following the collapse of rival FTX.
Tax revenues from the country’s oil & gas sector will fall as fossil fuel prices drop, the UK government expects, restricting Chancellor Jeremy Hunt’s spending power in the budget next month.
TotalEnergies SE raised its dividend and will buy back a further $2 billion of shares after surging oil and gas prices lifted 2022 profit to a record $36.2 billion.
Symmetry Group Ltd., a Pakistani technology company founded back when most of the country’s internet users were on dial-up connections, plans an initial public offering in March that could raise about 430 million rupees ($1.6 million).
ABN Amro Bank NV reported fourth-quarter profit that beat analysts’ expectations as the Dutch lender restrained costs and announced a €500-million ($536 million) share buyback.
The new chairman of the Conservative Party hinted that the next UK general election will happen in the second half of 2024, suggesting Prime Minister Rishi Sunak intends to maximize his time in office before calling a vote.
