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
Samsung Electronics is expected to report a nearly nine-fold increase in third-quarter operating profit, as demand for artificial-intelligence infrastructure continues to drive a prolonged shortage of memory chips. Analysts nevertheless have reduced
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The Reserve Bank of India raised its benchmark repo rate by 25 basis points to 5.5% on Wednesday, its first increase in nearly four years, as rising inflation and strong economic growth
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The global oil market has lost much of the storage buffer that has traditionally helped absorb supply disruptions, with industry executives warning that readily accessible inventories are now running dangerously low. More
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Paramount Skydance completed its $110 billion takeover of Warner Bros Discovery on Tuesday, creating a major Hollywood conglomerate and giving chief executive David Ellison control of one of the world’s largest entertainment
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L’Oreal has engaged restructuring advisers to explore options for rising legal liabilities in the United States linked to talc and other chemical ingredients used in some of its cosmetic products, the Wall
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China is accelerating the development of ultra-deep oil and gas reserves as it seeks to expand domestic energy supplies amid global uncertainty, with advances in exploration and extraction technology enabling access to
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The Federal Bureau of Investigation has removed an Accenture contractor following a damaging data breach that exposed sensitive personal information belonging to thousands of bureau employees, according to two sources familiar with
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The beverages arm of billionaire Mukesh Ambani’s Reliance Industries has asked an Indian court to quash an order by the country’s food safety regulator that prevents it from marketing Campa-brand products as
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Turkey’s biggest financial scandal in a decade has reached the political circle of President Recep Tayyip Erdogan, with senior members of his Justice and Development Party (AKP) and relatives of government officials
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International postgraduate education has become a major source of economic activity for Spain, with foreign students enrolled in master’s and other postgraduate programmes generating an estimated €3.27 billion for the economy, according
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The European Commission is proposing changes to the European Union’s enlargement rules that could allow new members to join while temporarily limiting their voting rights, and even suspend some voting powers if
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China should build a comprehensive national system to protect its growing overseas interests, including closer coordination between diplomatic, commercial, security and military authorities, according to an analysis published on a Chinese national
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German Chancellor Friedrich Merz arrived in Kyiv on Sunday accompanied by senior executives from German defence companies, as Russian forces intensified attacks on Ukrainian cities and infrastructure. Merz is expected to announce
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From the climate crisis and widening inequality to unaffordable housing and the rapid expansion of artificial intelligence, a group of leading progressive economists is arguing that the response to today’s economic pressures
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US authorities have arrested a California technology company owner accused of orchestrating almost US$300 million in sales of export-controlled Nvidia AI servers to China through Malaysia and Singapore, according to the US
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