Societe Generale SA fell short of a pledge to pay out half of its underlying profit to shareholders, even after its fixed-income traders handed Chief Executive Officer Frederic Oudea a bigger-than-expected profit.
A prominent Chinese diplomat said the US should return debris from the balloon it shot down because it is the Asian nation’s property, putting the decision over the aircraft’s remains in Washington’s hands.
India’s central bank is putting regulations in place to push the nation’s lenders to take steps, including bolstering green lending, to mitigate risks emerging from climate change.
The United Arab Emirates’ central bank granted a license to Russia’s MTS Bank, according to the regulator’s website.
South Korea’s progressive opposition bloc used its majority in parliament to approve an unprecedented impeachment measure against the interior minister, heating up partisan tensions as worries mount about the country falling into recession.
Increasing volatility in global supply chains means shipping lines must undergo a radical restructuring to survive, according to A.P. Moller-Maersk A/S.
Five global nuclear powers held a two-day meeting in Dubai early this month to discuss nuclear non-proliferation issues, Russian newspaper Kommersant reported, citing unidentified officials.
Sri Lanka’s president Ranil Wickremesinghe said the bankrupt country has taken difficult measures and is pushing closer toward securing an International Monetary Fund loan to address the worst economic crisis in its independent history.
India’s central bank slowed the pace of interest-rate increases while keeping the door open for further policy tightening to curb core inflation, an approach that aligns with the thinking of peers in the US and Australia.
Masayoshi Son is now personally on the hook for about $5.1 billion on side deals he set up at SoftBank Group Corp. to boost his compensation, as losses mounted at its core Vision Fund venture capital arm.
