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Bloomberg

Bloomberg

Page 166 - Bloomberg

Open to Musk or Ellison purchasing TikTok as part of JV with US govt: Trump

ByteDance Ltd. has publicly refused to sell TikTok, though prospective buyers hope the Supreme Court's ruling and the brief TikTok shutdown could push it to reconsider

Open to Musk or Ellison purchasing TikTok as part of JV with US govt: Trump
Updated On : 22 Jan 2025 | 11:19 PM IST

Govt widens approvals for Russian insurers after US oil sanctions

As Soglasie isn't blacklisted by any western nation, the new permit provides a safe option for tanker operators that haul Russian barrels to India

Govt widens approvals for Russian insurers after US oil sanctions
Updated On : 22 Jan 2025 | 10:20 PM IST

Indian Oil to rebalance crude buying after US sanctions on Russia

Before Russia's war in Ukraine, India used to buy less than 2 per cent of its total oil imports from Moscow. However, the volume surged to almost 45 per cent in the middle of last year

Indian Oil to rebalance crude buying after US sanctions on Russia
Updated On : 22 Jan 2025 | 10:13 PM IST

Lakshmi Mittal discusses mill closure plans with South African officials

AMSA plans to close three plants - including two steel mills that the auto-making, mining and construction industries depend on - at the end of the month

Lakshmi Mittal discusses mill closure plans with South African officials
Updated On : 22 Jan 2025 | 7:42 PM IST

RBI's massive dollar sales may net govt bumper dividend once again

IDFC FIRST Bank estimates Rs 2 trillion of payout by the RBI while QuantEco Research pegs the dividend around Rs 1.5 trillion for the fiscal year that ends March

RBI's massive dollar sales may net govt bumper dividend once again
Updated On : 22 Jan 2025 | 7:42 PM IST

Centre mulls lower duties, more imports to counter Trump's tariff threats

It could also reduce some import tariffs, with officials drawing up a list of likely products, such as bourbon whiskey and farm goods like pecan nuts, they said

Centre mulls lower duties, more imports to counter Trump's tariff threats
Updated On : 22 Jan 2025 | 1:13 PM IST

Foreign investors sell $5 billion of Indian stocks as profit view dims

Global funds pulled out $5.4 billion from Indian equities on a net basis in January after a respite last month, set for the worst start to the year

Foreign investors sell $5 billion of Indian stocks as profit view dims
Updated On : 22 Jan 2025 | 10:50 AM IST

Here's why China's EV makers have a good reason to delay paying bills

The biggest producer of electric cars last year was a high accounting risk because of the unprecedented scale of financing from its supply chain, analyst Nigel Stevenson wrote

Here's why China's EV makers have a good reason to delay paying bills
Updated On : 22 Jan 2025 | 10:40 AM IST

Beauty Industry in flux after TikTok braces for an uncertain future in US

On Jan 18, TikTok went dark for users across the US just days after the Supreme Court ruled that it would uphold a law forcing ByteDance to either sell its American platform by Jan 19 or be banned

Beauty Industry in flux after TikTok braces for an uncertain future in US
Updated On : 22 Jan 2025 | 10:25 AM IST

We have complaints about the border, too: Canada tells US President Trump

Data from the Canada Border Services Agency show that some 2,000 of 7,700 prohibited weapons and firearms - seized at ports of entry between January and October last year - came from the US

We have complaints about the border, too: Canada tells US President Trump
Updated On : 22 Jan 2025 | 9:59 AM IST

FTC concern over Microsoft investment in OpenAI backs my claims, says Musk

Musk has been waging a months-long legal attack on OpenAI Chief Executive Officer Sam Altman, almost a decade after the two men worked together to launch OpenAI

FTC concern over Microsoft investment in OpenAI backs my claims, says Musk
Updated On : 22 Jan 2025 | 9:45 AM IST

Donald Trump pushes to make US an AI superpower with fewer guardrails

In his first 24 hours back in Washington, Donald Trump sent a different message to the AI community: Just build

Donald Trump pushes to make US an AI superpower with fewer guardrails
Updated On : 22 Jan 2025 | 9:33 AM IST

India nears sale of $450 mn Russia-backed BrahMos missiles to Indonesia

The sale of the BrahMos cruise missiles is expected to be announced as early as this week when Indonesian President Prabowo Subianto officially visits India

India nears sale of $450 mn Russia-backed BrahMos missiles to Indonesia
Updated On : 22 Jan 2025 | 9:25 AM IST

Netflix posts biggest quarterly subscriber gain due to sports, 'Squid Game'

The company added 18.9 million customers in the fourth quarter, according to a shareholder letter Tuesday

Netflix posts biggest quarterly subscriber gain due to sports, 'Squid Game'
Updated On : 22 Jan 2025 | 9:17 AM IST

Weighing 10% tariff threat on China, says Trump a day after taking office

Trump during his campaign pledged sweeping tariffs against other nations, including levies of 60 per cent on Chinese products

Weighing 10% tariff threat on China, says Trump a day after taking office
Updated On : 22 Jan 2025 | 9:08 AM IST

Mittal's woes threaten South Africa's $257 billion infrastructure revival

Rand York Castings Ltd., one of the nation's largest steel fabricators, said it may move a unit that makes civil-engineering products it exports globally to India

Mittal's woes threaten South Africa's $257 billion infrastructure revival
Updated On : 22 Jan 2025 | 12:03 AM IST

Bangladesh eyes deeper ties with China as relations with India suffer

In an effort to build closer ties with Beijing, Bangladesh's Foreign Adviser Touhid Hossain is on a state visit to China this week

Bangladesh eyes deeper ties with China as relations with India suffer
Updated On : 21 Jan 2025 | 11:50 PM IST

A year after RBI curbs, Paytm founder Sharma expects to get back into biz

The Reserve Bank of India last year imposed new curbs on unlisted Paytm Payments Bank Ltd. after years-long warnings about data flows between it and Paytm

A year after RBI curbs, Paytm founder Sharma expects to get back into biz
Updated On : 21 Jan 2025 | 11:46 PM IST

Adidas Q4 earnings increase after strong sneaker sales in holiday season

The German sportswear company generated operating profit of €57 million ($59 million) in the fourth quarter

Adidas Q4 earnings increase after strong sneaker sales in holiday season
Updated On : 21 Jan 2025 | 11:38 PM IST

Davos takes a sigh of relief as Trump holds off starting trade wars

International Monetary Fund Deputy Managing Director Min Zhu, a former People's Bank of China deputy governor, said he wasn't surprised that Trump refrained from imposing tariffs on China

Davos takes a sigh of relief as Trump holds off starting trade wars
Updated On : 21 Jan 2025 | 11:33 PM IST