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Indian billionaire Gautam Adani’s flagship company is raising $2.5 billion | CNN Business

London/New Delhi CNN Business  —  Indian billionaire Gautam Adani’s business empire is planning to raise nearly $2.5 billion in a new share offering as it pushes to expand into new areas. Adani Enterprises, the flagship company of the Adani Group, said in a stock exchange filing on Friday that its board had given approval to […]

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How long will inflation last? The answer lies in the past | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN Business  —  The Federal Reserve’s favorite inflation-related adjective used to be transitory, as in: Inflation is transitory and price increases should be temporary.  That is no longer the case. Inflation […]