Bloomberg Business

Adani Group Touts Improved Cash Reserves to Service Debts

The Adani Group said cash and profit generated from its sprawling infrastructure business can cover all the debt maturing each year in the coming decade, messaging that’s part of the Indian conglomerate’s latest effort to shore up investor confidence months after a damaging short seller attack.

Washington’s Top Middle Eastern Allies Move Closer to China

Some of the US’s top Middle Eastern allies — including the world’s biggest oil exporter — are moving closer into the orbit of China and Russia, further complicating geopolitics upended by Russia’s invasion of Ukraine.

Close Bitnami banner
Bitnami