Bloomberg Reliance Industries Ltd, controlled by billionaire Mukesh Ambani, posted a 46% increase in quarterly profit but fell short of market expectations as high costs made a dent to the windfall gains from refining business. Net income at India’s biggest company by market value jumped 46% to 179.6 billion rupees ($2.3 billion) for the three months ended on June ...

Bloomberg Russia attacked Odesa’s sea port with cruise missiles hours after signing a deal to unblock Ukrainian grain exports from three Black Sea ports, including Odesa, that was hailed as a vital step towards alleviating a global food crisis. Ukrainian officials indicated they’re still moving ahead with the landmark agreement reached Friday to release millions of tons of grain that ...

  Bloomberg China issued strong private warnings to the US government about a planned trip to Taiwan by House Speaker Nancy Pelosi, which included a possible military response, the Financial Times reported. The warnings were much stronger than those made previously when China wasn’t pleased with US policies and actions related to Taipei, the paper said, citing unidentified people familiar ...