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One of Asia’s richest men, controversial Indian tycoon Gautam Adani, is again in the spotlight

The number of Americans applying for unemployment benefits fell again last week, remaining near seven-month lows

Subscribe to enjoy similar stories. Each year China makes as much steel as the rest of the world combined. The vast scale of its output—around 1bn tonnes a year—is obscured by the fact that most of it stays in the country.

Subscribe to enjoy similar stories. On his first day in office, leader Xi Jinping inherited an ambitious road map to build 10,000 miles of high-speed rail to link China’s biggest cities. He took those plans and supersized them.

Marc Rowan, the Apollo Global Management CEO, may soon be US Treasury Secretary. The Financial Times reports that he's the preferred candidate for the job. Bloomberg says that Rowan has his Treasury Secretary interview today, along with former Federal Reserve Governor Kevin Warsh.

Ford is cutting its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker-than-expected sales of electric cars

California voters have rejected a measure on the November ballot that would have raised the minimum wage for most workers to $18 an hour

Ashwini Vaishnaw on Wednesday said India was focussed on developing the content creators' economy, showcasing the country's rich heritage and culture, and diversity of languages and literature. In his video address at the inaugural event of the International Film Festival of India (IFFI) here, Vaishnaw said with the addition of technology and development of creators' ecosystem, India can play a major role in the media and entertainment sector globally. «We in India at this point in time are very much focussed on developing content creators' economy. We have a very vibrant creators' economy where people are coming up with very innovative content showcasing some of the very rich heritage of India, the cuisines of India, the culture of India and the gems of Indian language and literature,» he said. The 55th edition of IFFI began here with a glittering opening ceremony at Dr Shyama Prasad Mukherjee Stadium here.

festive consumption demand and farm sector recovery have helped the Indian economy to overcome a lull seen in the second quarter and put it back on track, the Reserve Bank of India's state of the economy report said. «Inflation is already biting into urban consumption demand and corporates’ earnings and capex. If allowed to run unchecked, it can undermine the prospects of the real economy, especially industry and exports,» said central bank researchers led by deputy governor Michael D Patra. They said that RBI remained consistent with the mandate of “price stability while keeping in mind the objective of growth”. The underlying mandate of

Subscribe to enjoy similar stories. RIO DE JANEIRO—When Brazilian President Luiz Inácio “Lula" da Silva called for “more multilateralism" at the opening of the Group of 20 nations summit on Monday, the remark appeared aimed at someone who wasn’t in the room: Donald Trump. Many leaders from Europe, Asia, Latin America and Africa at the G-20 summit and the Asia-Pacific Economic Cooperation meeting in Peru last week made clear their alarm at prospects for a sharp U.S.

Subscribe to enjoy similar stories. RIO DE JANEIRO : As Xi Jinping prepares for a thorny trade relationship with President-elect Donald Trump, he is cultivating a rapport with someone he calls a like-minded good friend, Brazilian President Luiz Inácio Lula da Silva. The populist leftist shares Xi’s goals of checking America’s global economic dominance.

“Our capitalist system,” I have just learned, “is one of the main reasons our planet is getting stripped away and destroyed.” That is according to the Toronto District School Board, which made the claim in the November edition of its EcoSchools newsletter to promote something called “Buy Nothing Day” on November 29. The TDSB says that by buying nothing for a day people can protest consumerism and help the environment. The reality, of course, is just the opposite: capitalism and buying things are nothing to protest. Nor are they responsible for “our planet getting stripped away and destroyed.”

Subscribe to enjoy similar stories. The Akshaya Patra Foundation plans to take its acclaimed midday meal scheme to Indonesia and Kenya, said two people aware of the development, as India seeks to use its soft power to deepen ties and trade. Indonesia, Southeast Asia’s largest economy, is launching a free meal programme for schoolchildren.

The poll, the first on China's economy by Reuters since Donald Trump's sweeping election victory on Nov. 5, also predicts that the President-elect will resist starting off with blanket 60% tariffs on Chinese goods. Trump, who is due to take office in January, pledged during campaigning to slap hefty tariffs on Chinese imports as part of a package of «America First» trade measures, causing unease in Beijing and heightening growth risks for China.

Last year, then-presidential candidate Javier Milei declared Argentina would not “make deals with communists” in China or Brazil, calling their leaders “murderers” and “thieves” in a bid to channel the populist energies of Donald Trump into a winning p...

Time is running short for negotiators at the United Nations climate talks in Azerbaijan to solve a difficult puzzle

An «industrial renaissance» in the U.S. is fueling demand for capital, Marc Rowan, CEO of Apollo Global Management said at the Global Financial Leaders' Investment Summit in Hong Kong.

Guyana, the first Indian PM to visit the country in 56 years. In an unprecedented gesture, he was received at the airport by President of Guyana, Mohamed Irfaan Ali, and over a dozen cabinet ministers. On PM's arrival, the President of Guyana shared a hug and exchanged pleasantries.

Subscribe to enjoy similar stories. President Trump’s election has reignited the debate over whether he might attempt to fire Federal Reserve Chairman Jerome Powell. Yet firing Mr.

Subscribe to enjoy similar stories. New Delhi: A blueprint to spruce up India’s tourism industry is in the works. The Centre is preparing a five-year plan to develop about 100 tourist destinations to global standards, and position them according to their individual potential, according to two officials close to the discussions.

Brazil’s president has opened the second day of a meeting of the world’s 20 major economies by calling for more action to slow global warming, saying developed nations must speed up their initiatives to reduce harmful emissions