Blackstone plans to double its investments in India to $100 billion within five years, with chief operating officer Jonathan Gray describing the country as the firm’s best-performing market and expressing confidence in
Nathan Anderson, the activist short seller who rattled global markets with explosive reports on companies like India’s Adani Group, Nikola, and Super Micro, has announced the closure of his firm, Hindenburg Research.
More
The United States budget deficit reached an unprecedented $711 billion in the first three months of the fiscal year, marking a significant rise in the nation’s fiscal imbalance, according to data released
More
IndiGo, India’s largest low-cost airline, has secured its position as the leading foreign carrier operating in Sri Lanka. The airline now runs 54 weekly flights connecting key Indian cities—Bangalore, Chennai, Hyderabad, and
More
Argentina’s libertarian President Javier Milei has intensified his unconventional currency strategy, further slowing the monthly devaluation of the peso in an effort to combat the nation’s inflation crisis. According to the Financial
More
OpenAI has announced the appointment of Adebayo Ogunlesi, billionaire investor and one of Wall Street’s most accomplished dealmakers, to its board of directors. This strategic move comes as the artificial intelligence leader
More
The World Bank has announced a $20 billion lending package for Pakistan, marking a significant shift to a 10-year partnership framework aimed at stabilizing the country’s fragile economy and insulating reforms from
More
Aircraft shortages are projected to continue for years due to ongoing supply chain challenges and delivery delays by leading manufacturers Airbus and Boeing, according to a report by Financial Times. Executives from
More
In a dramatic turn of events, Chinese social media app RedNote has surged to the top of the U.S. Apple App Store’s free downloads chart as the specter of a TikTok ban
More
China’s space station is set to conduct over 1,000 research projects in the next 10 to 15 years, marking a significant step in the country’s ambitious space exploration program. The announcement from
More
In 2023, US and EU companies paid approximately $3.5 billion in taxes on profits in Russia, bolstering the Kremlin’s finances despite international calls for businesses to exit following Moscow’s 2022 invasion of
More
The Indian rupee fell to a historic low on Tuesday, driven by intense demand for the U.S. dollar, as positions matured in the non-deliverable forwards (NDF) market. Despite the sharp depreciation, the
More
China’s total imports and exports rose by 5 percent year-on-year in 2024, reaching a record-breaking 43.85 trillion yuan ($5.98 trillion), according to the General Administration of Customs (GAC). This milestone cements China’s
More
Automakers are reimagining the relationship between drivers and their vehicles, with Honda leading the charge. As detailed by WIRED, the Japanese automaker unveiled its futuristic 0 Series at CES in Las Vegas,
More
European shipyards have been providing essential maintenance to Russian ice-class tankers, enabling the continued transport of liquefied natural gas (LNG) from Russia’s Yamal plant in the Arctic, despite stringent Western sanctions targeting
More
The United States is on the brink of a significant expansion in natural gas power plant construction, driven by the surging energy needs of artificial intelligence (AI) operations and Big Tech’s growing
More