Page 161 - Bloomberg

Trump calls for Fed rate cuts as tariff push, economic concerns intensify

Trump ultimately prevailed in the election and has mused in the past about seeking to exert more influence over the central bank, which traditionally maintains independence from the White House

Ukraine's nuclear facilities not for sale, open to US investment: Zelenskyy

The US president offered to help run Ukraine's electricity supply and nuclear power facilities, according to a statement on the call from Marco Rubio and Mike Waltz

Adani, Emaar said to be discussing deal structure for $1.4 bn India unit

Adani family and Emaar are discussing the structure of a transaction, which could include an unlisted Adani unit infusing about $400 million in equity

Trump asks Fed to cut rates as officials weigh economic impact of tariffs

Fed's Powell downplayed simmering concerns about a slowdown but acknowledged tariff uncertainty was a factor and already contributing to goods inflation

Greenpeace ordered to pay $660 mn to Texas oil company for defamation

A jury in North Dakota found Greenpeace and its US entities liable for defamation, conspiracy, and other claims for its involvement in protests at the Dakota Access pipeline

TSMC risks losing lead as Asia's largest company to Tencent amid AI boom

TSMC shares have dropped 11 per cent this year, falling alongside global chip stocks like Nvidia Corp. as concerns mount over the sector's frothy valuations

Finland ranks as world's happiest country again, US at worst-ever level

Denmark, Iceland, Sweden and the Netherlands rounded out the top five in the rankings, which are based solely on the answers people give when asked to rate the quality of their own lives

India's energy security hampered by years of coal backlash, misses targets

India has seen a dramatic boom in renewable energy installations - but that's not been enough to supply increasing power needs, prompting the government to also double down on coal power

Nvidia looks to expand AI reign with new chips, personal supercomputers

At the event, Huang unveiled more powerful chips and related technology that he said would provide a clearer payoff to customers

Elon Musk's X raises close to $1 bn in fresh funding at $32 valuation

The company is considering using some of the proceeds to pay down its remaining debt load

Global funds pile into Indian bonds even as they exit local equities

Foreigners bought $1.8 billion of rupee bonds this month so far, already higher than any monthly total since September

Why Trump 2.0 could play spoilsport for India's coddled billionaires

The sudden enthusiasm for the businesses of Trump's head of government efficiency has a clear message for India's billionaires: They're being cut loose

Taiwan's annual defense drills identify 2027 for potential China invasion

The exercises will also double in length to ten days this summer, reflecting an increased emphasis on military preparedness in the democracy that China claims as its territory

Extreme weather in 2024 led to biggest displacement of people since 2008

Tropical cyclones were responsible for many of the most severe events, such as Super Typhoon Yagi in September, said the World Meteorological Organization

Trump wary of China-Russia ties, aims to improve US relations with both

Trump's embrace of Russia has been seen by some analysts as an attempt to split Moscow from Beijing, in a so-called reverse Nixon

US judge finds Elon Musk's role in USAID closure likely violated law

Judge Chuang barred Musk and his Department of Government Efficiency from taking actions related to the agency's closing

Germany's landmark spending package secures parliamentary approval

The controversial legislation pushed by conservative Chancellor-in-waiting Friedrich Merz was approved Tuesday in the lower house of parliament with 512 votes out of a total of 733

Turkey voids Erdogan's main rival's degree, risking presidency bid

The mayor, one of Turkey's most popular politicians, has been widely viewed as a contender to the presidency

BofA Corp survey shows biggest-ever drop in exposure to US equities

Global investors are hunting for opportunities elsewhere after US stocks tipped into a correction earlier this month. Chinese tech stocks are in hot demand and Europe has also benefited

Xi will visit Washington soon amid brewing trade tensions, says Trump

Trump has ramped up a trade fight with China, raising tariffs on imports from the country to 20 per cent