BUSINESS
GQG holds over $24 billion in India as ‘perfect storm’ for stocks eases
New York-based GQG, which has more than $24 billion of its $166 billion total assets under management in India, is an outlier among international investors
BUSINESS
China bought some Venezuelan oil from US, says Trump administration
The global oil market was jolted in January as US forces swooped into Venezuela and seized former President Nicolás Maduro, with Washington asserting control over the OPEC member’s crude industry
BUSINESS
Toyota extends $35 billion deal deadline at 9% short of goal
The new deadline has been pushed back to March 2 from Thursday, and the offer price remains unchanged, according to a filing from the group
BUSINESS
Hermès sales beat expectations on strong Birkin bag demand
Fourth-quarter revenue at constant exchange rates rose 9.8%, Hermès International SCA said in a statement Thursday
INDIA
CPI revamp may give RBI reason to stay on hold
The weighting of volatile items such as food has been reduced to about 36.8% from nearly half previously
MARKETS
US trade deal throws lifeline to India’s renewables stocks
Since the accord was unveiled last week, some of the country’s clean power stocks have ranked among the top gainers on a Bloomberg gauge of global peers
MARKETS
Asian stocks rise, treasuries fall after US jobs data
The S&P 500 ended Wednesday flat after a bumpy session with real estate services stocks getting hit, while the Nasdaq 100 rose 0.3%
BUSINESS
US adds 130,000 jobs and unemployment falls after tepid 2025
Employers added 130,000 jobs last month and the unemployment rate declined to 4.3%, according to Bureau of Labor Statistics data out Wednesday.
WORLD
FAA ends airspace closure in Texas, says flights will resume
The FAA made the decision in response to drones that the US Defense Department is flying in the area as part of an operation against Mexican drug cartels
BUSINESS
India asks refiners to consider buying more US, Venezuelan oil
Refiners have been urged to prioritize US grades when they seek oil from the spot market via tenders, said refinery executives familiar with the matter.
BUSINESS
A ‘smog season’ discount is another threat to India earnings
The term “air pollution” was mentioned in earnings releases, analyst calls or presentations of BSE AllCap Index members 988 times in 2025
BUSINESS
Urban migration in India sets stage for record property IPO year
More than half a dozen companies are lining up for initial public offerings this year that may raise nearly $3.3 billion
COMPANIES
Hinduja is said to seek $200 million for Ashok Leyland’s OHM Mobility unit
The commercial vehicle maker, part of the billionaire Hinduja family’s namesake conglomerate, is working with an adviser to gauge interest from potential investors
BUSINESS
Bitcoin slides below $67,000 as crypto diverges from stocks
While large Bitcoin investors have started purchasing again, the token’s failure to attract wider buying puts it at risk of further declines.
BUSINESS
Heineken cuts up to 6,000 jobs amid slump in beer sales
The company said it will reduce headcount over the next two years in an effort to cut costs, according to a statement Wednesday.
BUSINESS
Costlier cells from China jolt Indian solar supply chains
The looming holidays for Chinese New Year have also put suppliers on a wait and watch mode
WORLD
YouTube lawyer sees no addiction from half hour of videos
The trial set to play out in Los Angeles Superior Court until the end of March will serve as a critical test for thousands of similar lawsuits that target not only Meta and Google, but also TikTok Inc. and Snap Inc.
ARTIFICIAL-INTELLIGENCE
Wall Street’s new trade is dumping any stock in AI’s crosshairs
The advances in AI have been at the forefront of Wall Street over the past few years, with tech stocks leading the charge
MARKETS
Booming Asian markets widen their lead over US and Europe
Most equity benchmarks in the region have risen in 2026, currencies have shown resilience against external pressures, and demand for credit has pushed spreads to near record lows
BUSINESS
Goldman Sachs’ India push bears fruit in crowded Wall Street field
Goldman vaulted to fourth in Indian equity offerings last year — after never ranking in the top five over the past decade
BUSINESS
Gold holds above $5,000 as US data bolsters case for rate cuts
Bullion climbed as much as 0.6% after closing lower on Tuesday
WORLD
Asian stocks edge up before jobs data, gold rises
The MSCI Asia Pacific Index rose 0.4% to an all-time high. The gauge is set for its strongest three-day gain in a month
BUSINESS
Alphabet’s 100-year bond gets highest demand in sterling sale
The 100-year note is part of a broader financing spree for Alphabet, which raised funds in US dollars and is now tapping Swiss francs and the sterling market across different maturities.
COMPANIES-2
Costlier cells from China jolt Indian solar supply chains
Suppliers have been reluctant to share quotations for cells in the past month, or they have been asking for 10%-15% more than usual.
