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
The United Arab Emirates has announced its withdrawal from OPEC and OPEC+, marking one of the most significant disruptions to the global oil alliance in decades and delivering a major setback to
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Airtel Africa Plc is preparing a major initial public offering of its mobile money business, Airtel Money, in a deal that could raise between $1.5 billion and $2 billion, marking one of
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The European Union is preparing a sweeping overhaul of its industrial policy through a proposed “Made in Europe” framework under the Industrial Accelerator Act, signaling a decisive shift toward economic self-reliance and
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A ceremony has been held in Bangladesh to mark the beginning of nuclear fuel loading into the first unit of the Rooppur Nuclear Power Plant, the country’s first-ever nuclear power facility. The
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BP Plc reported a dramatic surge in first-quarter earnings, driven by soaring oil prices and exceptional performance in its trading division following the outbreak of war involving Iran. The London-based energy major
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Digital Edge, a rapidly growing data center operator in Asia backed by Stonepeak Partners, is weighing strategic options that could include a partial or full sale valuing the company at up to
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A strengthening yuan is increasingly becoming a burden for Chinese companies, as foreign-exchange losses erode profits and offset gains from core business operations. The currency’s recent appreciation against the US dollar is
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India is facing mounting inflation risks as an intense heat wave and forecasts of below-normal monsoon rains add fresh economic pressure to an already strained environment marked by high energy costs. With
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China has abruptly moved to block a $2 billion acquisition by Meta Platforms Inc., ordering the cancellation of its planned takeover of AI startup Manus in a decision that underscores intensifying geopolitical
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Germany has signed approximately 47,000 military procurement contracts worth €111 billion since 2022, according to a report by Der Spiegel, but officials are unable to confirm how many of those deals have
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A Gianluca Rocchi fraud investigation has plunged Italian football into turmoil after prosecutors in Milan opened an inquiry into alleged sports fraud connected to referee appointment decisions in Serie A and Serie
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India is preparing for a major shift in how real estate bankruptcies are handled, after a top committee under the Insolvency and Bankruptcy Board of India (IBBI) recommended a project-by-project resolution framework
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Economists are revising China’s trade forecasts after a sharp and unexpected surge in imports driven by the global artificial intelligence boom, forcing a rethink of how the world’s second-largest economy fits into
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There is a growing sense among policymakers and markets that the era of the petrodollar may be under strain. The escalation of tensions around Iran, disruptions in Gulf shipping routes, and experiments
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A defining legal battle for Silicon Valley is set to begin as Elon Musk and Sam Altman, once allies in the creation of OpenAI, face off in a $134 billion dispute that
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