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Bloomberg

Bloomberg

Page 201 - Bloomberg

Bitcoin soars above $84,000 as Donald Trump's win boosts crypto prospects

Trump's decisive victory in the presidential election has prompted celebratory chest-thumping from the digital-asset industry

Bitcoin soars above $84,000 as Donald Trump's win boosts crypto prospects
Updated On : 11 Nov 2024 | 11:44 PM IST

LG adds Axis Capital to arrange $1.5 billion for potential IPO listing

LG may seek to raise $1 billion to $1.5 billion from the share sale, which could give LG Electronics India Pvt Ltd. a valuation of about $13 billion

LG adds Axis Capital to arrange $1.5 billion for potential IPO listing
Updated On : 11 Nov 2024 | 4:05 PM IST

China's BYD closing in on Ford deliveries after besting Tesla on revenue

The extraordinary sales volumes being pumped out by China's best-selling car brand means BYD has a shot at beating Ford

China's BYD closing in on Ford deliveries after besting Tesla on revenue
Updated On : 11 Nov 2024 | 10:47 AM IST

RBI ready to weaken rupee in line with yuan after Donald Trump win

A depreciating yuan will lower the cost of Chinese goods, potentially leading to more imports and further widening India's biggest trade deficit

RBI ready to weaken rupee in line with yuan after Donald Trump win
Updated On : 11 Nov 2024 | 9:00 AM IST

China's energy dominance gets boost from Trump's return to White House

China is responsible for nearly a third of the world's carbon footprint, about 2.5 times the US figure

China's energy dominance gets boost from Trump's return to White House
Updated On : 11 Nov 2024 | 8:33 AM IST

Trump, Musk weigh in on Senate Republican leader contest ahead of vote

Trump insisted the next Republican leader endorse letting him make recess appointments bypassing the Senate

Trump, Musk weigh in on Senate Republican leader contest ahead of vote
Updated On : 11 Nov 2024 | 8:18 AM IST

Here's why Donald Trump won't take world by surprise a second time

For many countries, however, the prospect of Trump's return is less disconcerting than one might imagine

Here's why Donald Trump won't take world by surprise a second time
Updated On : 11 Nov 2024 | 8:04 AM IST

MUFG bullish on India, seeks M&A deals to drive growth, expand presence

The goal for Japan's largest lender is to push up its buyouts and investment in India

MUFG bullish on India, seeks M&A deals to drive growth, expand presence
Updated On : 11 Nov 2024 | 7:56 AM IST

Indian airlines' shakeup intensifies competition, expands business seats

Vistara operates its final flight on Monday before its planned merger with Air India kicks in the following day

Indian airlines' shakeup intensifies competition, expands business seats
Updated On : 11 Nov 2024 | 7:46 AM IST

Bitcoin rises above $80,000 for first time on optimism over Trump's victory

The cryptocurrency climbed as much as 4.7% to an unprecedented $80,092 on Sunday

Bitcoin rises above $80,000 for first time on optimism over Trump's victory
Updated On : 10 Nov 2024 | 10:34 PM IST

America First: Here's who Donald Trump may tap for national security

Besides national security, Trump will be looking to build out the heads of financial regulatory agencies, which are expected to take a more light-handed approach than Biden's administratration

America First: Here's who Donald Trump may tap for national security
Updated On : 10 Nov 2024 | 10:15 AM IST

Power Finance Corp not to sanction $2.4 bn debt to Shapoorji Pallonji Group

The group, controlled by Indian billionaire Shapoor Mistry, had earlier reached out to Power Finance for the loan

Power Finance Corp not to sanction $2.4 bn debt to Shapoorji Pallonji Group
Updated On : 09 Nov 2024 | 3:59 PM IST

Taj Hotels' parent co IHC to add 120 properties to tap travel, wedding boom

Indian Hotels will open the 1952-built Hessischer Hof in Frankfurt in the next 10 months marking its first foray into continent Europe

Taj Hotels' parent co IHC to add 120 properties to tap travel, wedding boom
Updated On : 08 Nov 2024 | 11:42 PM IST

India moves green bonds worth $1.2 billion to index-tracking menu

The announcement comes just three months after India imposed controls on foreign ownership of some newly issued bonds with 14-year and 30-year tenors

India moves green bonds worth $1.2 billion to index-tracking menu
Updated On : 08 Nov 2024 | 9:44 AM IST

Jerome Powell signals readiness to defy Trump in Federal Reserve's defence

The comments, just two days after Trump's re-election, portend the power struggle that may lie ahead between the central bank and a president who insists he should have a say on interest-rate policy

Jerome Powell signals readiness to defy Trump in Federal Reserve's defence
Updated On : 08 Nov 2024 | 8:22 AM IST

Education: The secret sauce that helped China in beating India at growth

Thanks to a 50-year head-start in exposure to Western learning, India had a student population that was eight times bigger than China's at the turn of the 20th century

Education: The secret sauce that helped China in beating India at growth
Updated On : 08 Nov 2024 | 7:45 AM IST

Federal Reserve cuts key interest rate by 25 bps to support economy

Officials voted unanimously to lower the federal funds rate to a range of 4.5% to 4.75%. The adjustment follows a larger, half-point cut in September

Federal Reserve cuts key interest rate by 25 bps to support economy
Updated On : 08 Nov 2024 | 1:03 AM IST

Indians highlight Usha Vance's south Asian roots after Harris loses polls

Usha Chilukuri Vance is the wife of JD Vance, running mate of Donald Trump, who won a second term in Tuesday's US presidential election

Indians highlight Usha Vance's south Asian roots after Harris loses polls
Updated On : 07 Nov 2024 | 11:44 AM IST

Trump's win in US elections wreaks havoc on global rate-cut expectations

The election tremors were felt in Europe, too - particularly in the east, which fears reduced US support for Ukraine as it tries to fend of Russian forces

Trump's win in US elections wreaks havoc on global rate-cut expectations
Updated On : 07 Nov 2024 | 11:32 AM IST

US tech giants brace for AI revamp, antitrust pullback in Trump 2.0

On artificial intelligence, Trump has vowed to rip up an executive order from President Joe Biden aimed at putting safety guardrails on the emerging technology

US tech giants brace for AI revamp, antitrust pullback in Trump 2.0
Updated On : 07 Nov 2024 | 10:20 AM IST