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India Posts Record $45.2bn in May Exports, but the Import Bill Grows Faster

NEW DELHI, June 16 -- India's exporters shipped more goods abroad in May than in any month on record, and it still was not enough. A bigger bill for the crude oil and gold the country buys from the re... Read More


Nvidia Borrows $25 Billion, Joining the Customers It Sells AI Chips To

SANTA CLARA, June 16 -- Nvidia Corp. (NVDA) is the company everyone else is borrowing money to buy from. This week it decided to borrow too. The chipmaker at the center of the artificial-intelligence ... Read More


Mike Ashley's Frasers Bids A$316m for the Rest of Australia's Accent Group

SYDNEY, June 16 -- Mike Ashley already owns nearly a quarter of one of Australia's biggest footwear retailers. On Monday he offered to buy the rest, and the question on the trading floor was less whet... Read More


Bell's Parent BCE Cuts Another 690 Jobs in the Name of 'Sustainable Growth'

New Delhi, June 16 -- Canada's largest telecommunications company has found another 690 jobs it can do without. BCE, the parent of Bell, told staff on Monday it would cut roughly one per cent of its w... Read More


Six Wall Street Firms Raise Micron Targets on the Same Day. That's the Risk, Not the Rally.

New Delhi, June 15 -- six Wall Street firms raising price targets on Micron Technology Inc. in a compressed window, some of them within hours of each other. The memory giant's shares were up more than... Read More


Fox Buys Roku for $22 Billion But the Deal's Biggest Problem Is Its Own Promise

New Delhi, June 15 -- NEW YORK - Fox Corporation shares fell 15 percent on Monday within hours of the company announcing what Lachlan Murdoch called a defining moment in the company's history. Investo... Read More


Fair Work Sides With Ichthys Gas Workers, Rejecting Inpex's Bid to Halt Their Strike

DARWIN, June 15 -- For about 400 workers at one of Australia's largest gas projects, a tribunal ruling this week meant their strike, and the leverage that comes with it, stays intact. The Fair Work Co... Read More


Business Lobby Fights to Kill Labor's Capital Gains Tax Change as Senate Inquiry Opens

CANBERRA, June 15 -- For Australians in their early thirties who have watched a home deposit drift further out of reach with every weekend auction, the most consequential argument in Canberra this wee... Read More


KPMG International Sent the Whistleblower Back to the Firm He Was Exposing - Now Canberra Is Paying the Price

New Delhi, June 15 -- CANBERRA - The man at the centre of Australia's most damaging Big Four audit scandal since PwC did not go quietly to the press. He went first to KPMG International, the global um... Read More


The US-China Trade Truce Has a Deadline. Neither Side Will Say What Comes Next.

New Delhi, June 15 -- tariffs would stay at their negotiated level through November 10, 2026, and both governments would use the year to reach something more durable. That assurance is now being quiet... Read More