Indias Gautam Adani: Asias richest man in eye of a storm

India’s Gautam Adani, the school drop-out turned billionaire who rose to become Asia’s richest man, faces possibly his biggest challenge after shares
in his companies slumped when a U.S. short seller cast doubts on their business practices.

China aims to boost consumption

China’s cabinet said on Saturday it would promote a consumption recovery as the major driver of the economy and boost imports, state broadcaster CCTV reported, at a time of cooling global demand as major economies teeter on the brink of recession.

US prosecutors ‘sandbagged Bankman-Fried’

Lawyers for Sam Bankman-Fried have asked a judge to remove a bail condition preventing him from accessing FTX, Alameda or cryptocurrency assets.

Spanish police seize cocaine worth $114 million from cattle ship

Spanish police seized 4.5 tonnes of cocaine with an estimated street value of 105 million euros ($114 million) after raiding a cattle ship off the Canary Islands earlier this week, a statement said on Saturday.

Meloni to sign major gas deal with Libya

TRIPOLI, Jan 28 (Reuters) – Italian Prime Minister Georgia Meloni flew to Tripoli on Saturday where she is expected to agree a major gas deal aimed at boosting energy supplies to Europe despite the insecurity and political chaos in the North African country.

Kering appoints de Sarno as Gucci creative director

French luxury giant Kering appointed Sabato de Sarno as creative director of its star brand Gucci, it said on Saturday.

Russia’s deputy foreign minister to meet new U.S. envoy

Jan 28 (Reuters) – Russia’s deputy foreign minister Sergei Ryabkov will hold a meeting with Lynne Tracy, the new U.S. ambassador to Moscow, early next week, the RIA news agency reported on Saturday.