Bloomberg Top News

India is rejecting pressure from Russian oil suppliers to pay for crude imports in the Chinese currency as tensions between New Delhi and Beijing continue to simmer.

Rio Tinto Group is preparing for trials of battery-powered locomotives in Australia, where it uses giant autonomous trains — the world’s largest and longest robots — to transport iron ore across the vast Outback.

President Joe Biden directly appealed to the American people to support funding for Israel and Ukraine’s war efforts, warning that Hamas and Russian President Vladimir Putin pose parallel threats to US democracy.

China pumped the most liquidity into its financial system via short-term policy loans on record, a sign policymakers are likely to keep interest rates low to bolster a nascent economic recovery.

Billionaire Gautam Adani-controlled Adani Group is closing in on a $3.5 billion loan to refinance existing debt that was taken out to fund the purchase of Ambuja Cements Ltd., in what would be the latest sign of confidence among creditors in the conglomerate.

Hong Kong’s property developers are racing to sell homes with a tactic they haven’t had to use for years: deep discounts.

The US is seeing stepped-up drone attacks in Iraq and Syria, the Pentagon said Thursday, while an American destroyer in the Red Sea intercepted cruise missiles and drones fired toward Israel by Houthi rebels in Yemen.

Liontown Resources Ltd. plunged by the most in more than eight years on Friday as trading resumed after US giant Albemarle Corp. walked away from a proposed takeover, forcing it to find alternative funding for its key lithium project.

Federal Reserve Chair Jerome Powell suggested the US central bank is inclined to hold interest rates steady again at its next meeting while leaving open the possibility of a future hike if policymakers see further signs of resilient economic growth.

Russian Foreign Minister Sergei Lavrov called for regular trilateral security talks between North Korea, China and Russia to counteract what he characterized as a “dangerous policy” being pursued by the US, Japan and South Korea to tighten their joint defense posture in the region.