Bloomberg Business

Democrat Ilhan Omar expressed confidence that she’ll keep her seat on the House Foreign Affairs Committee, saying allegations she is antisemitic are part of efforts by political foes to smear her.

Investor Bill Ackman doubled down on his criticism of Adani Group, saying that there’s just too much liability exposure for the banks involved in the Indian company’s equity sale.

The start of 2023 was meant to be India’s. The nation’s fast-growing economy and rapidly expanding equity markets had convinced money managers from Morgan Stanley Investment Management to State Street Global Advisors to call it a top investment destination.

Adani Enterprises Ltd. said that Hindenburg Research committed “calculated securities fraud” when the short seller released a report on the conglomerate just days before it launched India’s biggest ever primary follow-on public offering.

The senior party in Austria’s ruling coalition lost votes to right-wing nationalists in a key provincial election, signaling that support for Chancellor Karl Nehammer’s government may be fading.

To leave “no traces” as they hid billions in Canadian trusts for rich French families, a group of asset managers and lawyers referred to clients as “the old lady” or “the painter.” They periodically destroyed office computers. But relationships soured and spilled into court, and now their methods have been exposed in a ruling that reads as a guidebook to tax avoidance tricks.

Empty shelves. Dated merchandise. Sparsely populated stores.

Earnings from high-profile technology companies last week ranged from uninspiring to downright disastrous. But that didn’t stop traders from scooping up tech stocks ahead of more potential land mines.

Federal Reserve Chair Jerome Powell is trying to avoid emulating both the derided Arthur Burns and the celebrated Paul Volcker as he confronts intense pressure to rein in inflation and sidestep a recession.