Page 191 - Bloomberg

US's Intel corp wins court fight over EU's historic $1.1 bn penalty

The EU's Court of Justice ruled that regulators failed to prove the US company doled out illegal rebates to PC makers that agreed to buy most of their chips from Intel

Harley-Davidson's sales drop in Q3, prompting cut in 2024 outlook

The company on Thursday trimmed its 2024 outlook, projecting motorcycle revenue down 14 per cent to 16 per cent and operating profit margins between 7.5 per cent and 8.5 per cent

Tesla shares surge on strong earnings, 30% growth forecast in 2025

Third-quarter results were buoyed by Tesla turning a corner with the Cybertruck, which generated profit for the first time

World may warm up to 3.1 degrees celsius on lack of climate action: UN

Continuing with current policies means world will be on course for temperature rise of 3.1C before the end of the century, while implementing promised reforms would at best lead to an increase of 2.6C

Brics must avoid being an anti-West group as it grows, says PM Modi

Comments underscore PM Modi's challenge in trying to balance ties with Russia, which India relies on for cheap oil, and US, which is providing access to cutting-edge technology for manufacturing

Nvidia CEO Huang targets more India growth through fresh partnerships

The US chip company, which is holding one of its AI summits in Mumbai, highlighted the ways Indian partners across industries are using its AI technology

India bond ETFs likley to draw billions as Amundi, BlackRock join race

Indian bonds have attracted $15.7 billion of inflows this year, the most in Asia behind China, South Korea and Japan, data compiled by Bloomberg show

Germany courting India as ties with China sour: All you need to know

Chancellor Olaf Scholz embarks on a three-day visit to India today accompanied by a large delegation of ministers and executives

Tesla is EV company again, back to car biz after failed robotaxi event

Tesla beat the consensus earnings estimate for the first time in five quarters, albeit an estimate that has roughly halved over the past year

Xi, PM Modi breakthrough came after months of pressure from Indian CEOs

Xi said both sides should strengthen cooperation and manage differences and disagreements

India's startups need more than growth; focus on governance also crucial

Some of the most prominent startups are struggling to build the governance structures they need to handle their rapid growth

Hyundai Motor India gets flood of bullish calls amid its weak debut

The local unit of the Korean automaker now has a total of six positive recommendations, from Nomura Holdings Inc. and Macquarie Group Ltd. along with local brokers

Goldman Sachs cuts Indian stocks to neutral amid slowing economic growth

The cautious stance underscores growing concerns over the sustainability of company earnings amid weakening consumer spending and increasing commodity prices. India's record stock rally is already sho

Jio Financial in talks with Allianz SE to set up insurance JVs in India

The Munich-based firm has indicated to its current partner Bajaj Finserv Ltd. that it's "actively considering an exit" from the ventures, according to a statement from Bajaj on Tuesday

Goldman, Apple to pay $89 mn following CFPB probe of credit card JV

"Apple and Goldman Sachs illegally sidestepped their legal obligations for Apple Card borrowers," CFPB Director Rohit Chopra said in the statement

AT&T gains 403,000 new monthly phone subscribers in Q3, $30 bn in revenue

As the pool of potential new wireless customers tightens, AT&T and its peers have been pushing broadband internet services, through fiber-optic lines and fixed wireless service

Lagarde says ECB expects 'really good progress' on inflation so far

Speaking on Wednesday at an event hosted by the Atlantic Council in Washington, she described how policymakers have seen consumer-price growth weaken from a peak above 10%

Lagarde says ECB expects 'really good progress' on inflation so far

Speaking on Wednesday at an event hosted by the Atlantic Council in Washington, she described how policymakers have seen consumer-price growth weaken from a peak above 10%

South Africa plans to ease visa rules for from India, China tourists

Travelers from many Western nations including the US and UK don't need visas for short visits to South Africa. Tourists from India and China require authorization before they travel

US elections: Elon Musk helps set the stage for 'stop the steal 2024'

Before Musk took over, this was the kind of toxic and dangerous misinformation Twitter used to try to curtail