Gautam Adani’s spot as Asia’s second-richest person is under renewed threat after US prosecutors charged him in November with suspected bribery, triggering a rout in the stocks of his companies. The Adani Group issued a statement that called the charges baseless. While Adani is relatively unknown outside his home country, he’s one of the most influential figures in India and is pushing to increase the global presence of his firms. Adani’s fortunes previously took a hit in early 2023 after allega ...
Thailand is taking steps to attract more foreign investment to accelerate economic growth while preparing to adjust its policies to cope with potential changes to world trade under a Trump presidency, Prime Minister Paetongtarn Shinawatra said. ...
Ukraine said Russia launched an intercontinental ballistic missile during an attack on the country following Kyiv’s strikes with western-made weapons inside Russian territory. ...
Chinese Premier Li Qiang is expected to meet with top foreign executives on Monday ahead of a supply chain expo in Beijing, just as companies brace for Donald Trump’s threat to hike tariffs on Chinese goods. ...
Germany’s strict borrowing rules, long championed by conservative politicians and fiscally hawkish economists, could soon be in for an overhaul that a growing chorus of critics argues is long overdue. ...
Global social media firms could face fines of as much as A$50 million ($32.5 million) if they fail to enforce the Australian government’s new social media ban on children under the age of 16, according to legislation set to be introduced on Thursday. ...
Vietnam and Malaysia agreed to elevate ties and explore closer cooperation to maintain peace in the South China Sea, after a complaint from Malaysia raised tensions over the contested waters. ...
Falling oil prices and an impending period of over-supply could create the perfect opportunity to toughen sanctions on Russian supplies to the point where they actually start to bite into the Kremlin’s war chest, writes Bloomberg oil strategist Julian Lee. ...
For years, Israelis were told that in the next war with Hezbollah, the Lebanese militia would fire thousands of rockets and missiles a day, overwhelming their air defenses, causing blackouts, death and destruction. ...
Mali’s military leaders fired Prime Minister Choguel Maiga and his entire government, days after the premier criticized the junta’s failure to implement a transition to civilian rule. ...
China saw a dramatic rise in protests in the third quarter, according to one US advocacy group, an acceleration that came as the nation’s economic downturn prompted officials to unleash more stimulus. ...
About 10% of Africa is embroiled in conflict, with fighting having spread and intensified over the past three years, according to Verisk Maplecroft. ...
Romania’s ultra-nationalist party leader, whose popularity has propelled him to No. 2 in the polls ahead of the country’s presidential election, said he would halt military aid to Ukraine if he gets the top job. ...
Ireland holds a general election on Nov. 29, with Prime Minister Simon Harris hoping to capitalize on a strong economy to secure another five years in power. ...
A Bank of Korea survey shows US policy risks have emerged as a major concern for local financiers and experts, following the presidential election. ...
A Vatican official said Pope Francis wants to travel to Vietnam ‘soon’ after an invitation to visit the Communist nation by Prime Minister Pham Minh Chinh, according to a statement on Vietnam’s government website. ...
The US said its forces are backing Philippine military operations in the disputed South China Sea, where Manila and Beijing have clashed over competing claims. ...
US Secretary of Defense Lloyd Austin confirmed that his Chinese counterpart decided not to meet with him in Laos this week, a reminder of the tensions that remain between the world’s two largest economies as Donald Trump prepares to take over the presidency. ...
The Biden administration told Congress it plans to cancel $4.65 billion in debt owed by Ukraine, according to a letter obtained by Bloomberg News, the latest in a series of moves meant to bolster support for Kyiv before President-elect Donald Trump takes office. ...
Elon Musk and Vivek Ramaswamy — President-elect Donald Trump’s picks to lead the newly formed task force to review government spending — said they will push for eliminating work-from-home policies for federal workers, an idea that could spark clashes between the new administration and government employee unions. ...
Apollo Global Management Inc. Chief Executive Officer Marc Rowan’s potential next act as US Treasury secretary would thrust the firm he co-founded into an entirely new era of leadership. It may also help unlock trillions of dollars for its hottest business line. ...
US President-elect Donald Trump wants to dismantle the federal bureaucracy and even eliminate at least one department. To do that, he’s creating a new agency, called the Department of Government Efficiency. ...
A New York Republican congressman says that lifting the cap on state and local taxes will be crucial to getting President-elect Donald Trump’s tax overhaul through the House, given the party’s narrow majority in the chamber. ...
Surgeon and author Marty Makary is seen as the leading candidate to run the US Food and Drug Administration under President-elect Donald Trump, people familiar with the matter said. ...
New York Republican Mike Lawler, who was just re-elected to Congress, said he’s weighing challenging the state’s Democratic Governor Kathy Hochul in 2026. ...
Republicans on the House Ethics Committee voted Wednesday to keep confidential its findings on the sexual misconduct probe into Matt Gaetz, President-elect Donald Trump’s pick for attorney general, the panel’s top Democrat said. ...
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, senior editor Joe Sobczyk outlines the latest pushback to President-elect Donald Trump from Senate Republicans. Sign up here and follow us at @bpolitics. Email our editors here. ...
Prime Minister Justin Trudeau’s government is facing more trouble as one of his cabinet ministers was forced to step aside amid scrutiny over his business dealings. ...