India has surprised and disappointed many of its fellow democracies by refusing to directly condemn Russia’s invasion of Ukraine. Some US officials have even let their frustrations spill out in public. Although understandable, such criticisms are mostly unproductive. The US and its allies should instead concentrate on showing India that the country’s interests are better served through partnership with ...

Bloomberg Tesco Plc warned profit will be squeezed this year as the UK’s biggest supermarket chain battles to keep prices low for consumers facing a cost of living crisis. The stock fell to its lowest level in more than six months. The grocer, along with rivals like Wm Morrison Supermarkets, is grappling with inflation that soared to a 30-year high ...

  Bloomberg LVMH SE posted strong revenue growth as the world’s largest seller of luxury goods defied disruptions from the war in Ukraine and the resurgence of Covid-19 in China, a potential harbinger for the rest of the industry. First-quarter sales advanced 23% on an organic basis to 18 billion euros ($19.5 billion), led by LVMH’s biggest unit, fashion and ...