Bloomberg Business

Diamond Raids Deliver Carlyle-Backed Fund €50 Million Gem Haul

Raids across more than a dozen properties around the Belgian diamond enclave of Antwerp seized roughly €50 million ($55 million) of the precious stones in an attempt to recover debts tied to the collapse of one of the country’s largest traders.

Modi Government Officials Opt for Silence Over Adani Stock Rout

The Adani Group’s $120 billion loss in market value after Hindenburg Research accused it of fraud roughly equates to India’s annual infrastructure budget. But the government has shown few signs of worry — or at least that’s the impression it’s giving to the markets.

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