NTPC’s Profit Jumps as Growing Economy Boosts Power Demand
India’s top power producer NTPC Ltd. reported a 5.4% increase in third-quarter profit from a year earlier as rising power demand aided generation.
Bloomberg Business
Sabalenka Wins Australian Open Tennis Final for Maiden Title
Aryna Sabalenka of Belarus defeated Kazakhstan’s Elena Rybakina for the Australian Open women’s title in Melbourne, landing her first ever grand slam.
Nigerian Fiscal Pressures to Worsen Post Election, Moody’s Says
Nigeria’s efforts to carry out urgent fiscal reforms will face “social and institutional constraints” even after a new president is elected next month, Moody’s Investors Service said in a report.
Nigeria’s $11 Billion Lawsuit Begins With Accusations of Double-Dealing, Six-Figure Bribes
A case that will influence the fate of Africa’s largest economy got off to a contentious start in a London courtroom
Gucci Names Sabato de Sarno Creative Director at Fashion Label
Gucci named Sabato De Sarno as creative director at Kering SA’s biggest brand, filling a crucial role in the fashion world after the exit of star designer Alessandro Michele in late 2022.
Adani’s Detailed Hindenburg Reply Now Said to Be Post-Share Sale
Adani Group will release a detailed response to allegations made by US short seller Hindenburg Research only after the completion of a new share sale that’s set to conclude on Jan. 31, according to people familiar with the matter.
Charting the Global Economy: Central Banks Hold as Prices Cool
More central banks around the world are pausing their tightening campaigns as inflation shows signs of cooling and economies slow down.
Total CEO Sees Tight Gas Market, Pricey Diesel in Europe in 2023
Europe’s natural gas market will tighten again in 2023 as stockpiles will have to be replenished over the summer without the usual Russian supply, according to TotalEnergies SE Chief Executive Officer Patrick Pouyanne.
ASML Says Chip Controls Won’t Have Much Effect on 2023 Earnings
Europe’s biggest semiconductor-equipment maker ASML Holding NV said an agreement between the Netherlands, the US and Japan to restrict exports of some advanced chipmaking machinery to China shouldn’t have a “material effect” on forecast it has published for this year.
Two Airforce Aircraft Collide Mid-Air in Central India
Two Indian air force fighter aircraft collided mid-air in central India killing one pilot, a government statement said.
