Page 13 - Bloomberg

Christine Lagarde isn't on 'the same page' as Carney over ruptured world

Davos leaders push back against Mark Carney's warning of a disintegrating world, stressing that global interdependence still anchors growth and trade

Amazon to cut thousands more jobs in efforts to streamline bureaucracy

The cuts, conducted in rounds on either side of Amazon's busy holiday quarter, echo layoffs the Seattle-based company instituted in late 2022 and early 2023 that ultimately snared about 27,000 people

Russia sees no breakthrough after Putin holds Ukraine talks with US

Still, Kyiv and Moscow remain at an impasse on key points including Putin's demands for parts of Ukraine that remain under Kyiv's control in its eastern Donbas territory of Donetsk and Luhansk regions

US SEC seeks alternative pathway to advance stalled Adani fraud case

The SEC's lawsuit, filed in November 2024, alleges that Gautam and Sagar Adani violated US securities laws by making false and misleading representations about Adani Green Energy Ltd

India cancels more South American soy oil imports as rupee slumps

About 35,000 to 40,000 tonnes of the commodity from Brazil and Argentina, booked for delivery in February and April-July period, have been scrapped, with total cancellations to exceed 50,000 tonnes

US moves to rewrite defence pact to expand military presence in Greenland

White House spokeswoman Anna Kelly said that if the deal goes through, the US would achieve all its strategic goals in Greenland 'at very little cost, forever,' adding that Trump is hopeful about it

JPMorgan raises CEO Jamie Dimon's pay by 10.3% to $43 million for 2025

The bank has been benefiting from heightened volatility in markets fueling trading activity among its clients, as well as an uptick in dealmaking

Trump says Federal Reserve chair interviews done, has pick in mind

Trump's shortlist includes National Economic Council Director Kevin Hassett, BlackRock executive Rick Rieder, current Fed Governor Christopher Waller and a former governor, Kevin Warsh

Venezuela's questionable oil reserve figures give Trump a talking point

South American nation's claim that it sits atop more than 300 billion barrels, 17 per cent of the world's total and surpassing even Saudi Arabia, has long been questioned by some industry experts

Disney's succession committee closes in on replacement for CEO Bob Iger

As part of the process, Disney has been seeking shareholder feedback on a new pay package for its next CEO

TikTok seals long-awaited deal to operate in US, averts nationwide ban

The social media company has officially established a US entity with three managing investors: Oracle Corp., private equity firm Silver Lake Management LLC, and Abu Dhabi-based investment company MGX

Zelensky criticises Europe's inaction against Putin during Davos address

Addressing the World Economic Forum in Davos on Thursday, Zelensky accused European rivals of failing to halt Russia's shadow fleet tankers

Silicon Valley pours out lobbying, cash & flattery to win over Trump

Altogether, the biggest tech and AI companies spent $109 million on lobbying last year, topping $100 million for the first time, according to Bloomberg News

Tata to invest $11 billion in AI Innovation City near Navi Mumbai airport

Global demand for data center capacity could more than triple by 2030 to reach an annual level of 219 gigawatts, according to consultancy McKinsey & Co

Air India braces for record $1.6 bn loss after deadly Ahmedabad crash

Losses come on the back of a turbulent year for Indian aviation marked by flier anxiety, flight delays and mass cancellations by rival carrier that has put a spotlight on duopolistic market structure

Flagship Russian crude sinks in China after Indian buyers pull back

In a sign of the overall trend, Russia's oil exports recently fell to the lowest since August, as Moscow faced mounting difficulties in delivering barrels to key buyer India

RBI to focus on rupee's drop pace, not defend levels, as it hits record low

The rupee has been buffeted by equity outflows, with a record $19 billion last year and a further $2.9 billion this month amid valuation concerns, steep US tariffs and delays in a trade deal

Democratic senator assails secret ICE policy to enter homes without warrant

In a letter to Homeland Security Secretary Kristi Noem, Blumenthal said an "anonymous" disclosure to his office revealed a May 12, 2025, memo from US Immigration and Customs Enforcement

Premier League teams no longer dominate football's global rich rankings

English teams have slipped out of the top four of Deloitte's Money League for the first time in 29 years, according to an annual survey of the highest revenue generating football clubs globally

Elizabeth Holmes asks Trump to shorten prison sentence for Theranos fraud

White House is sifting through thousands of clemency requests, including a pardon bid by Archegos Capital Management founder Bill Hwang, who was convicted over the collapse of his $36 bn family office