Bloomberg Business

Shares of Indian banks and Life Insurance Corp. of India plunged on Friday amid concerns about their exposure to the Adani Group following a scathing short-seller report.

Mixed results from Wall Street earlier in January raise the ante on European lenders limbering up to report earnings next week, a week in which the European Central Bank’s Governing Council also meets to set policy for the first time in 2023.

The US Virgin Islands asked a US court to order Barclays Plc to turn over documents related to the relationship its former chief executive officer Jes Staley had with sex-offender Jeffrey Epstein.

LVMH said it’s joining in the luxury industry’s rebound from a slowdown at the end of last year, underlining the resilient demand for high-end fashion.

A $50 billion selloff in Adani Group’s empire following US short seller Hindenburg Research’s scathing allegations has dragged the NSE Nifty 50 Index to its lowest since Oct. 21 with the stocks becoming the top losers in the Indian gauge.

Danone is putting US yogurt brands Wallaby and Horizon Organic under strategic review as part of new Chief Executive Antoine de Saint-Affrique’s turnaround plan for the Paris-listed dairy giant.

The father of Serbian tennis star Novak Djokovic will not attend his son’s semi-final game at the Australian Open after he was filmed with a group of pro-Russia fans following an earlier match.

Northwest Europe will see milder weather return next week, with a forecast showing even higher temperatures than previously expected.

A retired NATO general will seek to fend off an attempted political comeback by the Czech Republic’s billionaire former premier as the nation votes in a presidential runoff election.

A record share of Londoners are shunning property portals and opting to sell their homes on their own terms — which are increasingly negotiated over WhatsApp.