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Biden aide speaks with China counterpart as tension spikes

BLOOMBERG White House National Security Advisor Jake Sullivan spoke with China’s top diplomat Wang Yi, people familiar with the matter said, as the two sides look to ease tensions that have continued to build in recent months. Sullivan’s previously unreported call took ahead of Taiwan’s President Tsai Ing-wen scheduled visit to the US en route to Central America, a trip ...

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US futures, stocks up as tech rally buoys mood

BLOOMBERG Stocks rose with US index futures as a rally in Chinese tech shares boosted sentiment and concern about contagion from banking turmoil continued to wane. Contracts on the three main US gauges climbed, with the Nasdaq 100 poised to extend its best quarter since 2020. Alphabet Inc and Tesla rose in premarket trading, while tech shares were among the ...

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Adani flagship rallies as group rebuts debt repayment reports

BLOOMBERG Adani Group shares rose on Wednesday after the conglomerate rebutted reports about its ability to repay debt. The group’s flagship Adani Enterprises Ltd rallied 8.7% while Adani Ports & Special Economic Zone Ltd added 7.3% as both firms posted their biggest rally since GQG Partners’ stake in the companies earlier this month. Other group companies also gained, paring earlier ...

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