People tend to vegetables growing in a field as emission rises from cooling towers at a coal-fired power station in Tongling, Anhui province, China, on Wednesday, Jan. 16, 2019.BloombergElon Musk is going to pay $…
KKR’s big bet on India credit turned from…
Few asset managers have enjoyed more success in the riskier corners of credit than KKR & Co. But after a decade-long attempt to wring big returns from India, the Wall Street titan has become a…
This is Asia’s top-performing economy in the Covid…
SINGAPORE — Vietnam is likely the top-performing Asian economy in 2020 — a feat that was achieved without a single quarter of economic contraction at a time when many economies globally were weighed down by…
Indian e-commerce will soon outpace ‘modern trade’, Flipkart…
Bengaluru: The pandemic is fundamentally changing how India shops—accelerating the shift to online retail and altering buying patterns in several categories, according to Flipkart Group CEO Kalyan Krishnamurthy. In fact, in the next few years,…
Here’s what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policy-making meeting on Dec. 16.Text removed from the December statement is in red with a horizontal line through the middle.Text…
GameStop mania explained: How the Reddit retail trading…
A customer holds a GameStop shopping bag inside a store in San Francisco.David Paul Morris | Bloomberg | Getty ImagesWall Street has been watching GameStop in awe as a band of Reddit-obsessed retail investors managed…
Restaurants staged nimble responses to Covid’s blows in…
Plastic 'house' tents are set outside a restaurant on the Upper West Side as the city continues the re-opening efforts following restrictions imposed to slow the spread of coronavirus on November 01, 2020 in New…
GameStop jumps after hours as Elon Musk tweets…
Tesla CEO Elon Musk seemed to rally behind GameStop's epic surge, tweeting out a link to the Reddit board that's largely hyped the stock.Shares of GameStop were up more than 60% in after-hours trading on…
Why FM should not bring in any new…
Finance minister Nirmala Sitharaman faces a huge challenge this year. The coronavirus pandemic raged through 2020, roiling economies and ruining many lives. The government’s revenues are down but expenditure commitments are up (think of the…