Air India Ltd. is in talks with banks to help fund its recently announced record aircraft order, benefitting from the support of new owner Tata Sons Ltd., the carrier’s chief executive officer said.
First Republic Bank was poised to extend last week’s record loss as the US lender’s shares plunged after S&P Global Inc. cut its credit rating again and the emergency sale of Credit Suisse Group AG to UBS Group AG failed to assuage fears over the banking system’s health.
The Swiss National Bank has its own version of the Federal Reserve’s quandary this week as it judges whether to deliver a long-awaited interest-rate hike for an economy at the epicenter of global market turmoil.
India lodged a formal protest with the British High Commission in New Delhi after a Sikh separatist sympathizer pulled down the national flag outside its embassy in London on Sunday.
Morgan Stanley’s Michael Wilson said the stress in the banking system marks what’s likely to be the beginning of a painful and “vicious” end to the bear market in US stocks.
An Istanbul shopping mall owned by Turkey’s biggest media empire was seized after the company failed to repay some of its debt, the latest blow from a series of unpaid loans.
China has billed Xi Jinping’s trip to Moscow this week as a “journey of friendship.” Talks on a long-term gas deal may reveal the limits of what he can and will do for Vladimir Putin.
Thailand’s parliament was dissolved on Monday ahead of elections slated for May as Prime Minister Prayuth Chan-Ocha seeks to extend nearly a decade of his military-backed rule.
A group representing Uber Technologies Inc., Lyft Inc. and other app-based services is raising concern about President Joe Biden’s nominee to lead the Labor Department over her stance on worker-classification rules.
(Bloomberg) — Emmanuel Macron’s government will face two confidence votes as soon as Monday amid anger over the French president’s decision to bypass the legislature in pushing through his unpopular pension reform that will boost the minimum retirement age to 64 from 62.
