BLOOMBERG Adani Group stocks slumped on Tuesday as local media reports sparked renewed concerns over the ports-to-power conglomerate’s ability to repay its debt. Adani Ports & Special Economic Zone Ltd fell 5.7% to close at 593.40 rupees — lower than the price GQG Partners paid to buy a stake earlier this month — after plummeting more than 9% earlier in ...

BLOOMBERG US futures and European stocks struggled for direction as investors awaited data for clues on monetary policy and assessed developments in the banking sector. Treasuries fell. Contracts on the S&P 500 were little changed, while those on the Nasdaq 100 dropped. European equities erased earlier gains as French lenders fell on news the country’s financial prosecutor is searching five ...

BLOOMBERG  Bank of England (BOE) Governor Andrew Bailey said global markets are testing “quite a lot” of the banking sector for any signs of trouble after the failure of Silicon Valley Bank (SVB) and the rescue of Credit Suisse Group AG. While the UK banking system remains in a “very strong position,” Bailey said the past weeks brought “moves in ...