Bloomberg The Adani Group’s $120 billion loss in market value after Hindenburg Research accused it of fraud roughly equates to India’s annual infrastructure budget. But the government has shown few signs of worry — or at least that’s the impression it’s giving to the markets. The calculus is tricky. Prime Minister Narendra Modi is considered a close ally of Gautam ...

Bloomberg Turkey is nearing a decision to approve Finland’s accession to the North Atlantic Treaty Organization by next month at the latest, potentially leaving Sweden out in the cold, according to people familiar with the matter. President Recep Tayyip Erdogan is close to concluding that steps taken by Helsinki to address security concerns have been enough for lawmakers to ratify ...

  Bloomberg The US and the Philippines have agreed to resume joint patrols in the South China Sea amid lingering tensions with China in the disputed waters. The decision was reached during Thursday’s meeting between US Defense Secretary Lloyd Austin and his Philippine counterpart, Carlito Galvez, where they also exchanged views “on shared regional security challenges in the Indo-Pacific,” according ...