Bungling the rescue of a bank that has more than $20 billion in deposits is probably the costliest own goal India has scored since its foolish November 2016 ban on most currency notes. Arm-twisting government-controlled State Bank of India to inject capital into failing Yes Bank Ltd was the only option left for New Delhi. But the halfhearted bailout just ...

You may not have been exposed to the new coronavirus yet, but you’ve almost certainly been exposed to an adjacent contagion. Maybe you’ve even helped spread it. It might be retweeting Australian complaints about supermarkets sold out of hand sanitiser. Liking Gwyneth Paltrow’s Instagram post of herself in a face mask. Scrolling agog through Facebook photos from a friend in ...

Bloomberg Stocks climbed globally along with US index futures on Tuesday, recovering some ground after the deepest equity rout since the great financial crisis. Bonds and haven currencies trimmed their exceptional gains from a day earlier and the dollar strengthened. The Stoxx Europe 600 Index jumped alongside contracts on the three main American gauges, though few benchmarks came close to ...