The U.S. Justice Department said on Tuesday it has filed an antitrust lawsuit aimed at blocking U.S. Sugar Corp from buying rival Imperial Sugar Co (LOUDRI.UL), a deal the government said could drive up the price of sugar for households as well as food and drink makers.
The introduction of contested taxes on plastic and sugary drinks has been postponed for a fifth time and will not now come into force until 2023, the government said in a statement.
Indian shares hit record highs on Wednesday, boosted by heavyweight HDFC Bank after the country's central bank relaxed restrictions on the private-sector lender for issuing new credit cards.
The U.S. Treasury Department is updating a government list of Chinese companies and entities with alleged ties to defense or surveillance technology sectors, making them subject to a U.S. investment ban.