Page 120 - Bloomberg

Bitcoin tops $111,000 for first time as US optimism lifts cryptocurrencies

A wave of optimism is buoying Bitcoin after the advancement of a key stablecoin bill in the US senate fueled hopes of greater regulatory clarity for crypto operators

India set for record wheat harvest after favourable weather boosts yield

India, the world's second-largest wheat grower, is set for a record harvest as favourable weather and absence of major crop damage boosted yields, says a top official from a state-run institute

Why China's J-10C fighter jets should be a concern for US and Taiwan

US still leads in military aircraft, outnumbering several nations combined, but much of its fleet is ageing as China's air force rapidly expands, according to World Air Forces 2025 report

Trump stages another Oval Office ambush, lecturing South Africa's Ramaphosa

Trump has objected to a land bill that Ramaphosa signed late last year that will make it easier for the government to expropriate private property if it's in the public interest

Google co-founder Sergey Brin gives away shares worth $700 million as gift

Brin and co-founder Larry Page, who stepped down from top management roles in 2019, saw their fortunes rise by a combined $7 billion on Wednesday

India eyes multi-phase trade deal with US, interim pact likely before July

The talks are still ongoing and there's no clarity if the Trump administration has agreed to a three-stage process for a trade deal

Marks & Spencer cyberattack to cost $403 million in operating profit

The British retailer will try to mitigate the impact with cost savings and insurance payouts, it said

Oil hits 1-week high as dollar weakens on Israel-Iran strike report

Geopolitical tensions may add headwinds to the markets, which had calmed recently after a month of turmoil from the tariff blitz unleashed by US President Donald Trump

Global forest loss hits record highs fueled by extreme heat, wildfires

Fifteen of the 20 countries with the largest area of primary forests that signed the 2021 forest pledge are now losing trees faster than they were at that time, according to World Resources Institute

Chicago suburb-area town planning to seize Pope Leo XIV's childhood home

Dolton, a town near Chicago, plans to seize Pope Leo XIV's childhood home via eminent domain and work with the Archdiocese to preserve it as a historic site, officials said in a letter Tuesday

WhatsApp had no plans to compete with Facebook: Co-founder Brian Acton

Meta's acquisition of WhatsApp is a key part of the case, with FTC lawyers arguing that Meta viewed the messaging app as a legitimate social networking competitor

India cuts gas power capacity as idle plants turn permanently unusable

The nation's gas fleet totaled 20.1 gigawatts in April, compared with 25.2 a month earlier, data from the power ministry's Central Electricity Authority show

Pakistan's govt trims its growth projection amid trade headwinds

Gross domestic product is estimated to expand 2.68 per cent in the fiscal year through June, Pakistan Bureau of Statistics said Tuesday

India to invest $10 billion in homegrown oil tanker fleet by 2040

The purchase order for 10 tankers should come out as early as this month, the people said. Only ships built locally - even if there's foreign collaboration - will be considered for purchase

Chinese smartphone exports to US decline to lowest level since 2011

Investors fear a global trade war that would erode some of the US-China bilateral trade that reached $690 billion in 2024, decimating industries and raising prices for consumers

Donald Trump hands Putin win with retreat from Ukraine peace talks

One European official, who asked not to be identified discussing private conversations, said leaders fear that Trump is disengaging from the diplomatic effort

First blood test for Alzheimer's in US from June, starting at 50 hospitals

The test was cleared for use in people at least 55 years old and who exhibit signs of the disease. It is designed to detect amyloid, a protein that can build up in the brain

India's dirty furnaces threaten global steel sector's net zero target

While China still dominates in terms of operating capacity, India is the most polluting steelmaker and has the largest pipeline, with more than 350 mn tonnes per year at various stages of development

What role will central banks play when tokenised finance goes mainstream?

With apps like Robinhood easing investing, Millennials and Gen Z reject private banks offering unlisted unicorns to their wealthy parents but not to actual users of these startups' services

Bangladesh's politics of belligerence returns with Awami League ban

The Awami League may be deeply unpopular at the moment, but it nevertheless can claim to represent the beliefs of a large part of the country