Reuters Asia

Armenian, Azerbaijani foreign ministers hold talks in US over Karabakh dispute

(Reuters) – U.S. Secretary of State Antony Blinken met the foreign ministers of Armenia and Azerbaijan in Washington on Monday as part of efforts to cool tensions between the South Caucasus rivals, the foreign ministries of Baku and Yerevan said in statements. Tensions have flared anew Azerbaijan installed a road checkpoint at the start of …

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Adani-owned NDTV profit plunges about 98% on weak advertising demand

BENGALURU (Reuters) – Indian broadcaster New Delhi Television Ltd (NDTV), part of the embattled Adani Group, posted a 97.6% plunge in quarterly profit on Monday due to weak advertising demand. The results come as businesses worldwide look to rein in costs such as advertising to ride out an economic downturn caused by persistently high inflation …

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World Bank launches more robust, transparent business climate rankings

By Andrea Shalal WASHINGTON (Reuters) -The World Bank on Monday unveiled new methodology and improved safeguards for assessing the business climate in up to 180 countries after embarrassing revelations of data irregularities and favoritism toward China forced it to cancel its flagship rankings two years ago. The bank scrapped its “Doing Business” rankings in September …

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