Viacom 18 Media Pvt Ltd., the joint venture between Mukesh Ambani and Paramount Global, secured the five-year media rights to the Indian national cricket team’s home matches as Asia’s richest man tightens his grip on viewership of the country’s most popular and lucrative sport.
The recurring nightmare for European policymakers that their economies will become crippled by inflation-impaired lethargy just won’t go away.
India received the lowest August rains since at least 1901, raising concerns about weaker crop output and the potential for more export restrictions following the South Asian nation’s curbs on rice.
Polestar Automotive Holding posted another operating loss in the second quarter as the electric-vehicle maker struggled with software delays and intensifying competition.
Traders are abandoning the euro at pace as speculation grows the European Central Bank will struggle to tighten monetary policy further, even with inflation running far above target.
Moody’s Investors Service downgraded embattled Chinese developer Country Garden Holdings three notches to Ca, piling on more pressure on the distressed company whose liquidity crisis has shaken the nation’s financial markets.
Iceland will resume the hunting of fin whales after the island’s government decided against extending a ban imposed in June.
Brazil’s unemployment rate ticked down for a fourth straight month in July, underscoring the resilience of Latin America’s biggest economy in the face of headwinds including double-digit borrowing costs.
UBS Group AG shares have been on a tear since the Swiss bank’s rescue of domestic rival Credit Suisse, rising more than a third and adding $27 billion in value.
BAE Systems Plc is exploring ways to use defense technologies such as jet-pilot helmets for applications in space, as the UK defense contractor sharpens its focus on commercial opportunities in the burgeoning market.
