Bloomberg

Bloomberg

Toyota appoints CFO Kenta Kon as new CEO in surprise leadership reshuffle

The shakeup coincides with a high-profile deal for the Toyota group, which is pushing to take Toyota Industries Corp. private in a tender offer that closes next week

Updated On: 07 Feb 2026 | 12:26 AM IST

Amazon shares falls after vow to spend $200 billion on AI this year

Chief Executive Officer Andy Jassy said the money "predominantly" would go toward the company's Amazon Web Services cloud unit, and most of that spending would be for AI workloads

Updated On: 06 Feb 2026 | 10:58 PM IST

Trump seeks new nuclear arms treaty with Russia as New START expires

The deal expired on Thursday, raising the possibility that US and Russia could potentially pursue new nuclear weapons unhindered by any diplomatic agreement while geopolitical tensions rise

Updated On: 06 Feb 2026 | 10:29 PM IST

India not selling US Treasury holdings despite forex fluctuations: RBI Guv

The country's holdings of long-term US debt had dropped to a five-year low of $174 billion as of November, down 26 per cent from a 2023 peak, according to US government data

Updated On: 06 Feb 2026 | 2:20 PM IST

Bitcoin bounces near $60,000 after 50% retreat from October highs

Cryptocurrencies have been on shaky ground ever since a brutal series of liquidations in October that sapped market confidence

Updated On: 06 Feb 2026 | 9:13 AM IST

AI race sends Big Tech's capital spending to stratospheric high of $650 bn

The ever-larger numbers - in total, an estimated 60 per cent increase from a year ago - means yet another acceleration in the wave of data centre construction taking place around the world

Updated On: 06 Feb 2026 | 8:59 AM IST

HSBC set to push out underperformers as some bankers face zero bonuses

Such a move is aligned with the vision of Chief Executive Officer Georges Elhedery, who wants to bring the bank more in line with pay practices at American peers

Updated On: 05 Feb 2026 | 11:16 PM IST

Nike faces probe over alleged discrimination against white workers

Nike said it has "shared thousands of pages of information and detailed written responses to the EEOC's inquiry" and is "in the process of providing additional information"

Updated On: 05 Feb 2026 | 10:57 PM IST

Glitch at National Securities Depository delays some trade settlements

The credit of shares bought on Tuesday and Wednesday is still pending because of issues in inter-depository functions, according to a notice dated Thursday

Updated On: 05 Feb 2026 | 3:00 PM IST

ArcelorMittal sees EU steel tariffs boosting profits, capacity use

In October, the European Union proposed doubling tariffs to 50% on all steel imports above a reduced quota. That will be a boon for ArcelorMittal, when the new import regime comes into force

Updated On: 05 Feb 2026 | 2:47 PM IST

Tata Motors PV to start assembling Range Rover Evoque in new TN plant

The site, expected to become a hub for its premium cars, will eventually absorb more JLR assembly that's currently handled at Tata's Pune plant

Updated On: 05 Feb 2026 | 1:01 PM IST

Zero net migration would shrink UK economy by nearly 4% by 2040: Report

Cutting net migration to zero could shave 3.6% off UK output by 2040 and add £37 billion to public borrowing, a new NIESR report warns

Updated On: 05 Feb 2026 | 10:34 AM IST

India told Washington it wouldn't be bullied as trade talks resumed

India's national security adviser told US officials New Delhi would wait out Trump's term, even as it quietly worked to ease tensions and restart trade talks after months of tariffs and public insults

Updated On: 05 Feb 2026 | 9:33 AM IST

Silver plummets more than 15%, erasing gains from two-day recovery

The surge of precious metals came to a sudden halt at the end of last week, with silver seeing its biggest ever daily drop on Friday and gold plunging the most since 2013

Updated On: 05 Feb 2026 | 9:08 AM IST

India's $36 billion arbitrage trade braces for lower returns after tax hike

The government announced the decision in parliament on February 1, saying the tax hike was aimed at curbing high-risk speculative trading in the options market

Updated On: 05 Feb 2026 | 8:41 AM IST

Trapped Tesla driver pleads for help in 911 call as vehicle burns

The transcript of the call was included in a lawsuit that alleges that a driver or passenger died after they were unable to open the electrically powered doors on their Tesla vehicle after a crash

Updated On: 05 Feb 2026 | 8:23 AM IST

Trump to stay out of corporate fight over Warner Bros., leaves call to DOJ

The battle between Netflix and Paramount over Warner Bros. has grown acrimonious and drawn scrutiny, regardless of which bidder succeeds, setting up a major antitrust test for the Trump administration

Updated On: 05 Feb 2026 | 8:07 AM IST

Boeing to cut around 300 defense supply chain jobs across multiple sites

The latest employment adjustments are rattling some employees and angering union officials at a time when Boeing leaders are trying to rebuild the company's culture

Updated On: 05 Feb 2026 | 7:45 AM IST

Prediction traders bet Bitcoin may fall below $65K amid deepening sell-off

Contracts on Polymarket, a decentralized prediction platform, now imply an 82% chance that Bitcoin will fall to $65,000 this year, a level roughly 13% lower than today's $73,200

Updated On: 05 Feb 2026 | 7:44 AM IST

Trump orders pullback of ICE from Minneapolis, says 'softer touch' needed

White House border czar Tom Homan, who President Donald Trump sent to Minneapolis as part of an effort to ease pressure amid local outrage, emphasised a shift to more targeted enforcement

Updated On: 05 Feb 2026 | 7:37 AM IST