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Gautam Adani: Asia’s richest man sees growing isolation for China

New Delhi CNN Business  —  Indian billionaire Gautam Adani says that China “will feel increasingly isolated” and the “foremost champion of globalization” would find it hard to bounce back from a period of economic weakness. Speaking at a conference in Singapore on Tuesday, Adani said “increasing nationalism, supply chain risk mitigation, and technology restrictions,” as […]

Bank of England tries to calm panicked markets

London CNN Business  —  UK policymakers are trying to calm markets after a plan by Prime Minister Liz Truss to cut taxes while ramping up borrowing sparked panic among investors worried it could feed inflation and destabilize government finances. The Bank of England said Monday that it is “monitoring developments in financial markets very closely […]

Photos: King George VI’s funeral

Evening Standard/Hulton Royals Collection/Getty Images King George VI’s coffin is carried through the streets of London before being transported to Windsor Castle for his funeral on February 15, 1952. As the United Kingdom mourns Queen Elizabeth II, only a minority will remember first-hand what life was like the last time the country buried a monarch. […]

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