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 world’s top maritime authority has issued a stark warning over the worsening crisis in the Strait of Hormuz, declaring that no safe passage currently exists for vessels navigating the vital waterway.
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Governments across the Asia-Pacific region have adopted a major new framework aimed at reshaping social development policies to address inequality, demographic change, and economic resilience. The agreement, known as the Baku-Bangkok Declaration,
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Italy’s leading trade union and top business association have issued a stark warning about the future of the country’s industrial system, calling for urgent intervention at both national and European levels. The
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KPMG is cutting roughly 10 percent of its US audit partners in a significant restructuring aimed at improving productivity and aligning leadership with business demand. The decision, revealed during an internal meeting,
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PwC has been fined a combined HK$1.3bn ($166mn) and banned from taking on new clients in Hong Kong for six months after regulators found serious failures in its audits of Evergrande. The
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BP has suffered a significant shareholder rebellion after investors rejected key proposals to scale back climate reporting requirements and introduce fully virtual annual general meetings, marking an early challenge for its new
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Man Group, the world’s largest publicly listed hedge fund business, has been hit by a massive $6.1 billion withdrawal from a single institutional client, sending its shares sharply lower and raising fresh
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Tesla has reported weaker-than-expected first-quarter earnings, underscoring growing pressure on its core electric vehicle business as global competition intensifies and Elon Musk doubles down on ambitious bets in artificial intelligence and autonomous
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Goldman Sachs has appointed longtime executive Akila Raman as the global head of its private and alternatives capital markets business, according to an internal memo seen on Wednesday. The move underscores the
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India is set to import a record 2.5 million metric tons of urea in a single tender, according to government sources, at prices nearly double those paid just two months ago. The
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Microsoft said on Wednesday it plans to integrate advanced artificial intelligence models, including Anthropic’s Claude Mythos Preview, into its Security Development Lifecycle (SDL), marking a significant expansion of its cybersecurity strategy. The
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Two-thirds of Singapore businesses surveyed by the Singapore Business Federation (SBF) say they have been “moderately to severely” affected by the ongoing Iran war, as global geopolitical tensions continue to drive up
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China’s eldercare system is undergoing a dramatic transformation as rapidly rising demand for nursing homes collides with a shrinking traditional family support structure. A senior care home operator in Jinan, Shandong province,
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Federal Reserve chief nominee Kevin Warsh has called for what he described as “regime change” at the US central bank, proposing a major overhaul of its inflation strategy, policy framework, and public
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Ukrainian billionaire Rinat Akhmetov, widely regarded as the richest man in Ukraine, has made headlines with the purchase of a sprawling five-story luxury apartment in Monaco for an astonishing 471 million euros,
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