BLOOMBERG  Large US banks may face a 20% average increase in capital requirements from upcoming rule proposals as the collapse of several smaller lenders this year adds urgency to a push to bolster the industry’s financial strength, according to the Wall Street Journal (WSJ). The revised requirements could be proposed as early as June, and the specific increases will depend …

BLOOMBERG  The Reserve Bank of India (RBI) may face growing pressure to defend a key level for the rupee as its interest-rate pause looks set to weigh on the currency. The rupee is poised to test the 83-per dollar mark in the near term if the central bank remains on hold and changes its stance to neutral, effectively signaling an …

ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic) has partnered with Emirates Nature-WWF and Environment Agency — Abu Dhabi to launch the “Escape Climate Change: Mangrove Edition”, a nature-themed escape room as part of World Environment Day. The launch is part of the COP28 Youth Climate and Nature series, which was inaugurated by a host of senior official …