Page 133 - Bloomberg

Hackers use Japanese brokerage a/cs in $700 mn global stock manipulation

he scams typically use the hacked accounts to buy thinly traded stocks both domestically and overseas, allowing anyone who has built up a position earlier to cash out at inflated values

Raising millionaire tax would push the wealthy to leave US: Donald Trump

Trump's remarks are likely to pour cold water on discussions about creating a new 40 per cent tax bracket for people earning $1 million or more

Adani Airport unit seeks $750 million loan from international banks

Adani Airport Holdings Ltd. manages seven major airports across India and is nearing the launch of a new $2 billion international hub on the outskirts of Mumbai

Tesla's Q1 slump sees Musk shifting focus, but challenges loom for company

The bigger problem is that Tesla's ageing vehicle lineup has collided with increasing competition, something that Musk's DOGE duties compounded but did not create

Xiaomi postpones release of first SUV following fatal road accident

The delay sets back Xiaomi's $10 billion EV project, which billionaire co-founder and Chairman Lei Jun has described as his last startup endeavor

Trump signals cutting China tariffs 'substantially' if trade deal reached

China hasn't officially responded to Trump's pledge to play "nice" but the media outlet Cailian called it "a sign that Trump is already softening stance on his signature tariff policies"

Intel to announce plans to cut over 20% of staff to streamline management

The cutbacks follow an effort last year to slash about 15,000 jobs - a round of layoffs announced in August. Intel had 108,900 employees at the end of 2024, down from 124,800 the previous year

US govt will work with food makers to stop use of artificial dyes

Food and Drug Administration Commissioner Marty Makary said Tuesday that the agency would work with the industry to eliminate six synthetic dyes by the end of 2026

Saudi Arabia, India to deepen energy ties, to set up two oil refineries

An accord was reached to establish two oil refineries in India through a joint venture between the countries, India's Ambassador to Saudi Arabia Suhel Ajaz Khan said in a briefing

In China's backyard, steel buyer Vietnam tries to stem tide of cheap metal

Vietnam's metal industry has grown to meet the needs of a country that is rapidly building out manufacturing capacity, metro networks, highways and new airports, along with most of Southeast Asia

Why Asia may embrace Donald Trump's trade plan-if it cuts out China

Faced with Chinese overcapacity and unfair trade, several Asian economies are cautiously eyeing Trump's anti-China trade coalition-if the terms fit their industrial goals

Here's why Huawei's expansion in smart driving stirs competition, scrutiny

In the EV era, companies are reconfiguring how cars are designed and function. The "brains" of a vehicle have a power that extends way beyond cruise control, emergency braking or parking sensors

Elon Musk's DOGE slashes $135 mn funding to fight deepfakes, misinformation

The cuts impact dozens of active grants, including several programmes focused on combating misinformation and AI deepfakes, according to the document

Boeing sells Jeppesen and other digital assets to Thoma Bravo for $10.6 bn

The sale included more assets than anticipated, thereby commanding a higher price than the $6 billion to $8 billion that Jefferies modeled

US imposes tariffs as high as 3,521% on solar imports from Southeast Asia

While the duties are set to benefit domestic manufacturers, they also will pinch US renewable developers that have long relied on inexpensive foreign supplies, heightening uncertainty

Trump defends Hegseth amid Pentagon turmoil, Signal chat leak probe

Trump backed Hegseth after ex-Pentagon spokesman John Ullyot said the Defence Department is overwhelmed by staff drama and turnover in the early months of Trump's second term

Republican proposal to hike tax on millionaires to generate $400 bn

Trump has indicated he is open to higher taxes on the wealthiest Americans, but not all Republicans are convinced it's a good idea

JD Vance faces diplomatic test in India amid trade tensions and tariffs

For Vance, this is an opportunity to soften a global image as Trump's attack dog. It is his first visit to India since taking office

Harvard sues Trump admin for stopping $2.2 bn in grants as fight escalates

Trump administration unlawfully suspended Harvard's funding after it refused to comply with "unconstitutional demands" to overhaul governance, discipline and hiring policies

India's push for electric scooters, tuk-tuks fuels battery swapping market

Now growth in sales of battery-powered two-and-three wheelers, favored by tuk-tuk operators, gig workers and for quick-commerce delivery fleets, is finally giving the sector some momentum