Page 190 - Bloomberg

US bans imports from 37 Chinese firms over forced labour practices

The firms include mining giant Zijin Mining Group, and solar companies such as a subsidiary of JA Solar Technology Co., according to a statement from the Department of Homeland Security

RBI must shun excessive forex market intervention, says former head

Rupee tested a series of new lows recently, slipping to an all-time low of 86.7025 per dollar on Jan 14, and rose 0.3 per cent on January 15

US to ban cancer-linked Red Dye No 3 in cereal, candy, other foods

The move comes more than 30 years since the Food and Drug Administration prohibited the use of Red No. 3 in cosmetics after studies found tumors linked to the dye in lab rats

Nvidia's $3 trillion rally faces challenges, Wall Street stays confident

That turbulence has been on display recently, with Nvidia shares slumping after a presentation by Chief Executive Officer Jensen Huang fell short of investors' high expectations

Indian refiners rush to pay for Russian oil ahead of sanctions cutoff

Pressure to stay clear of sweeping US sanctions means the refiners are now aiming to settle payments for the discounted barrels in just two days instead of the previous five

Jio Finance plans first local debt market foray amid tightening RBI rules

However, Jio will borrow from the local currency debt market first to leverage its top credit rating, the people said. Crisil Ratings graded its different debt facilities at AAA with a stable outlook

Amid competition & delays, Volkswagen faces another year without new EVs

The manufacturer's deliveries risk slumping again because its namesake VW brand doesn't have a new electric car coming in 2025

Trump's pressure & clarity of demand may secure Gaza ceasefire deal

As US Secretary of State Antony Blinken sought to highlight in a valedictory speech at Washington's Atlantic Council on Tuesday, the deal on offer appears to have changed very little

Elon Musk's deconstruction of X might show what's in store for TikTok

The world's wealthiest man has long said he hopes to create an 'everything app,' and incorporating TikTok into X, formerly Twitter, would take him a step toward that goal

Vedanta creditors likely to meet in February to approve business split

Vedanta plans to divide its business into units focused on aluminum, oil & gas, power, steel and finally semiconductors, which will be left in the original business with electronics and copper assets

LA rental hits nearly $40,000 a month as fires swirl housing market

Since evacuees are naturally looking for residences close to their burned properties, the competition is fiercest in areas that were already tight

World prepares for Trump tariffs even before his White House return

Soon after calls to congratulate the president-elect on his Nov 5 victory, officials began quietly looking for ways to appease him while simultaneously mapping out ways to retaliate if needed

Proposed obesity benchmark adds organ health, daily functionality metrics

The recommendation signals a long-awaited shift from a single imperfect metric toward a more personalised diagnosis

SEC sues Elon Musk for failure to disclose growing Twitter stake on time

By keeping his purchase quiet, Musk was able to buy shares at 'artificially low prices,' allowing him to underpay for at least $150 million worth of stock, the SEC said

Meta to cut 5% of staff, focusing on performance-based terminations

Altogether, Meta expects its headcount to be down 10 per cent by the end of the current performance cycle. That total includes an additional 5 per cent attrition from last year

Indian refiners hopeful of Moscow finding path around latest US oil curbs

Processors are hopeful that the new US government may help to blunt the impact of the far-reaching curbs announced last week

DOJ report says Trump likely to have been convicted in election case

Smith's final report represents the culmination of one of the most historic and controversial investigations in US history that spanned more than two years, cost more than $35 million

Biden administration imposes new China curbs with AI order, smart car ban

The executive order on data centers would "accelerate the speed at which we build the next generation of AI infrastructure here in America, in a way that enhances economic competitiveness

Users flock to Chinese apps like Xiaohongshu amid TikTok ban risk

Familiar to Chinese who use the service not just as a repository for travel and pet videos but also a live online marketplace, its rise in the US took many in the industry by surprise

Apollo Global considers Tenneco India listing at $2 billion valuation

The US alternative asset manager is speaking with prospective arrangers about an IPO that could take place in Mumbai this year and value Tenneco Automotive India Pvt. at about $2 billion