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Ambani’s Jio reaches $137 billion valuation, becoming India’s second-most valuable firm
Jio's valuation also helped to lift the broader Reliance conglomerate's combined market capitalisation to $320 billion to make it India's top firm by that metric
Business
US Fed holds interest rates steady as inflation runs hot | The National
Central bank keeps target range at 3.75-4% in 10-2 vote as it seeks to buy time in tackling price pressures
Business
US Federal Reserve decides to maintain interest rates
The central bank opts for a wait-and-watch approach to see how inflation is affecting the wider economy