Page 191 - Bloomberg

Bulgari CEO looks at India for growth as China luxury demand weakens

Bulgari is expanding its footprint in India to take advantage of strong growth and favorable demographics, Bulgari Chief Executive Officer Jean-Christophe Babin said

Stars aligning in favour for Indian bonds to extend rally into 2025

RBI's rate cuts anticipated from early next year on slowing economic growth, continued index-inclusion-related foreign inflows and strong demand from local pension and insurance companies

Elon Musk urges court to block OpenAI 'illegal' for-profit conversion

A spokesperson for OpenAI said Musk's filing "again recycles the same baseless complaints" and "continues to be utterly without merit."

US hiring growth due for snapback in November after storms and strike

Nonfarm payrolls probably advanced by 200,000 in November, according to a Bloomberg survey of economists. The data due Friday are also expected to show the unemployment rate held at 4.1%

Open to ceasefire if Nato protects unoccupied areas, says Zelenskyy

Zelenskyy made the comments in an interview with Sky News broadcast Friday when asked about a scenario in which Nato security guarantees covered only territory controlled by Kyiv

Trudeau, Trump discuss trade, border at crucial Mar-a-Lago meeting

The two leaders also discussed several pipeline projects, including the Keystone XL line the Biden administration killed

Adani Green's dollar bond may be revived by mid-2025, says group CFO

Other Adani Group firms may also raise funds through a few public bond sales in India over the next 12 months, Singh said

Cryptocurrency's $1 trillion rally has yet to reprise pandemic-era mania

The banana comes from a viral conceptual artwork, Comedian, comprised of the fruit duct-taped to a wall, which Sun bought in a Sotheby's auction last week

Boeing's new CEO Ortberg clips corporate jet trips in show of restraint

The 19 senior leaders have counted on five company-owned Bombardier Inc. Challenger 650 business jets and two customized 737 narrowbodies to help oversee the US planemaker's sprawling operation

PBOC injects $111 billion in liquidity as local bond supply surges

The injection expands an effort to ease the funding pressure that had been building in the market after China kicked off a $1.4 trillion program to help local governments cope with their off-balance

India cuts back cheap gas for vehicles even as bad air chokes Delhi

New Delhi, one of world's most polluted cities, was pushed into CNG well over 2 decades ago after a Supreme Court ruling that demanded conversion of all public buses to cope with worsening air quality

Japanese banks stick with Adani while Jefferies, Barclays review ties

Japanese support shows the divide among finance firms over Adani after he and others were charged with plotting a $250 million scheme to bribe India government officials to win solar energy contracts

Starbucks offers glimpse of North Korean life from new South Korea cafe

Starbucks Coffee Korea's new riverbank cafe at an observatory tower in South Korea's Gimpo city promises coffee aficionados a chance to gaze at normal village life in Gaepung county across border

TikTok, Meta brace for Australian social media ban for those under 16

A number of other nations and US states have attempted to curb children's access to social media, with limited success

Global investors find opportunities in India despite equity outflows

Global funds have piled into sectors with strong growth potential, while pulling back exposure to sectors like banks, consumer and energy- the stragglers of 2024

India's falling wages hit economy as consumers cut back on everything

Some of country's biggest companies from Maruti Suzuki to consumer bellwether Hindustan Unilever have posted weaker earnings recently, saying urban middle class spending has been languishing

Opec+ delays online meet on oil production, supply curbs to Dec 5

The group is set to discuss whether to proceed with reviving supplies, beginning with an increase of 180,000 barrels a day in January

Trafigura bets on carbon-credit market rebound amid new regulations

At the same time, regulators in Europe, the US and Asia have come around to the view that many companies won't be able to report net zero emissions by mid-century without access to a functioning

Canada premiers urge Trudeau to boost border security amid US tariff threat

Ford was joined by Quebec Premier Francois Legault, Alberta Premier Danielle Smith and Manitoba Premier Wab Kinew, who all made statements demanding stronger action

EV sales' boom in China threatens to push gasoline demand off a cliff

There are still a lot of unknowns about how China's uptake of EVs will play out, such as whether full electrification can ever be achieved