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India is set to ​shelve the ​bids it received for a majority stake ​in its state-owned IDBI Bank , as the amounts were below the minimum price sought, Bloomberg ‌News reported ⁠on ⁠Friday, citing people with knowledge of the matter.
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Investors’ wealth eroded by Rs 33.68 lakh crore since the beginning of the West Asia conflict, which has now entered its 14th day.
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Adobe’s ​battered shares fell another 6% ​on Friday as news that the Photoshop maker’s long-time CEO ​will step down cast fresh doubts over its strategy to battle mounting AI competition.
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World markets, rocked by a Middle East war that could trigger ​another inflationary shock, are looking back at the play book from Russia’s invasion of Ukraine in 2022 for clues on what’s next.
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The US Federal Reserve’s preferred inflation gauge came in slightly lower than expected in January, registering 2.8 percent growth over a year ago, according to data released Friday ahead of a key central bank rate-setting meeting next week.
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