Bloomberg Business

A billionaire cryptocurrency evangelist may have gotten a tougher reception than he expected when proposing widespread adoption of Bitcoin to a bankrupt country.

The controversy surrounding Adani Group will not lead to a systemic risk for the nation’s banking sector or impact fund raising ability of other Indian firms tapping the markets, said Santanu Sengupta, chief India economist at Goldman Sachs Inc.

Embattled billionaire Gautam Adani is in talks with creditors to prepay some loans backed by pledged shares as he seeks to restore confidence in his sprawling conglomerate’s financial health.

South Africa’s largest gold refiner is operating below capacity as output from local mines dwindles and supplies from elsewhere on the continent are scooped up by unaccredited rivals.

A rare string of robberies and a wave of viral videos featuring restaurant patrons performing gross pranks have surprised stereotypically safe and straitlaced Japan, and the market has taken notice.

Recent stumbles have pummeled the company’s shares, making it a prime takeover target. But will the Guillemot brothers let go?

Navis Capital Partners, a private equity firm focused on Southeast Asia, is considering a sale of its controlling stake in leather and sustainable materials supplier ISA TanTec, according to people familiar with the matter.

China’s investment in the countries along the Belt and Road rose to the highest since 2019, with much of that increase due to a new battery plant for electric vehicles.