Bloomberg Business

Asos Plc sales fell during the approach to Christmas as weaker consumer sentiment and UK delivery disruptions hurt orders at the fast-fashion retailer.

Tesco Plc is the latest grocer to reveal how higher costs and fierce competition are squeezing profits as cash-strapped shoppers hunt around for deals.

Saudi property developer Umm Al Qura for Development & Construction Co. is working with banks including Lazard Ltd. on its planned Riyadh initial public offering, according to people familiar with the matter.

(Bloomberg) — The US and Japan announced plans to strengthen defense cooperation on land, at sea and in space as they expressed growing concern about the growing challenge posed by China and its ties with Russia.

A new Covid variant that was first detected last year has quickly become the dominant strain in the US — and picked up a creepy moniker along the way.

Sri Lanka will probably clinch a debt restructuring deal with its creditors only by the end of the year, with Standard Chartered Plc predicting losses for both domestic and dollar bondholders.

India’s oldest conglomerate, Tata Group, is planning to set up electric vehicle cell-manufacturing operations in Europe as it tries to accelerate its British marque unit’s shift to battery-powered cars.

(Bloomberg) — India is testing the waters of a sluggish global green bond market with its debut sale this month that aims to raise $2 billion for sustainable projects.

Workers at Twitter Inc.’s Singapore office were told to empty out their desks and vacate the premises, said people familiar with the situation, as Elon Musk continues to pare expenses around the globe.

India’s Prime Minister Narendra Modi rallied support for the developing nations of the Global South that are grappling with economic hardships ranging from rising oil prices to shortages in food and fertilizers.