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Bloomberg

Bloomberg

Page 208 - Bloomberg

Bitcoin traders refocus on $71,000 price level with cash flowing into ETFs

Cryptocurrencies dropped last week, following a report that US was investigating stablecoin issuer Tether Holdings Ltd. for possible violations of sanctions and anti-money-laundering rules

Bitcoin traders refocus on $71,000 price level with cash flowing into ETFs
Updated On : 29 Oct 2024 | 9:09 AM IST

Swiggy aims to kick off $1.35 billion India IPO mid-next week: Report

The IPO will open for bids from Nov. 6 to Nov. 9, and shares are expected to start trading from Nov. 13

Swiggy aims to kick off $1.35 billion India IPO mid-next week: Report
Updated On : 29 Oct 2024 | 9:08 AM IST

Indian small-caps run risk of extended selloff amid slowing earnings

Key gauges of small- and mid-sized companies have tumbled since hitting September highs, putting them close to a so-called technical correction of a 10 per cent peak-to-trough decline

Indian small-caps run risk of extended selloff amid slowing earnings
Updated On : 29 Oct 2024 | 7:38 AM IST

SBI's newly appointed chair C S Setty targets unbanked in expansion plans

As it seeks to build out deposits, the bank is also planning to add branches in areas where it has no presence, according to Setty

SBI's newly appointed chair C S Setty targets unbanked in expansion plans
Updated On : 29 Oct 2024 | 7:27 AM IST

Here's why a lot can go wrong when everything arrives in just 10 minutes

To have at least half a dozen options for quick commerce is a good thing in an economy where concentration of large monopolies and duopolies is on the rise

Here's why a lot can go wrong when everything arrives in just 10 minutes
Updated On : 29 Oct 2024 | 7:20 AM IST

Reddit's high-flying stock run faces AI-training data test in earnings

The stock is up 139 per cent since it began trading in March, the best performance among this year's IPOs to raise at least $310 million

Reddit's high-flying stock run faces AI-training data test in earnings
Updated On : 28 Oct 2024 | 11:48 PM IST

Kamala Harris plans 'freedom' rally, Trump courts men in final push

Harris casts herself as standing in between Trump and a key trifecta that includes economic opportunity, reproductive rights and Democracy itself

Kamala Harris plans 'freedom' rally, Trump courts men in final push
Updated On : 28 Oct 2024 | 11:32 PM IST

OpenAI's 75% of revenue comes from paying consumers: CFO Sarah Friar

Friar said that roughly 75 per cent of OpenAI's business comes from consumer subscriptions. The company's paid consumer plan for its chatbot ChatGPT currently starts at $20 per month

OpenAI's 75% of revenue comes from paying consumers: CFO Sarah Friar
Updated On : 28 Oct 2024 | 11:29 PM IST

Japan's Shigeru Ishiba vows to bring stability after losing majority

"The LDP suffered a crushing defeat," said Takeshi Minami, chief economist at Norinchukin Research Institute, who sees a December rate hike as the main scenario

Japan's Shigeru Ishiba vows to bring stability after losing majority
Updated On : 28 Oct 2024 | 11:18 PM IST

Israeli Cabinet meets in secret location after Iran vows to retaliate

Israeli officials said that, for security reasons, the cabinet wouldn't meet at its usual place in Prime Minister Benjamin Netanyahu's office in Jerusalem

Israeli Cabinet meets in secret location after Iran vows to retaliate
Updated On : 28 Oct 2024 | 10:08 PM IST

European banks to continue dealing with Indian clearing firms post October

Europe's authorities set the deadline last year after their request for co-supervision of European trades settled through Indian clearing houses was denied by the Reserve Bank of India

European banks to continue dealing with Indian clearing firms post October
Updated On : 28 Oct 2024 | 7:13 PM IST

US elections: Elon Musk and friends smothering internet's truth seekers

In early October, the head of the US intelligence community warned of a serious threat from foreign actors including Russia, Iran and China, aimed at undermining trust in polls

US elections: Elon Musk and friends smothering internet's truth seekers
Updated On : 28 Oct 2024 | 11:43 AM IST

Mercedes and Porsche's battle with Chinese EVs edges closer to home

The clearest sign of their impact came on Friday, when Mercedes reported its weakest profitability

Mercedes and Porsche's battle with Chinese EVs edges closer to home
Updated On : 28 Oct 2024 | 11:38 AM IST

Bain-backed 360 One WAM plans largest private credit fund in India

A growing pipeline of deals is nudging India's private credit market closer to the $10 billion mark as Prime Minister Narendra Modi's infrastructure push fuels a boom in funding among mid-sized firms

Bain-backed 360 One WAM plans largest private credit fund in India
Updated On : 28 Oct 2024 | 11:11 AM IST

This pharma company from Mumbai may be helping Putin get Nvidia AI chips

But this inconspicuous pharmaceutical company is part of a lucrative trade in leading-edge technology to Russia that has the US and its European allies worried at India's burgeoning role

This pharma company from Mumbai may be helping Putin get Nvidia AI chips
Updated On : 28 Oct 2024 | 10:41 AM IST

Apple tests blood-sugar app to help people with prediabetes: Know more

The research wasn't directly tied to Apple's longstanding effort to build a no-prick glucose monitor, but it could ultimately help inform how the company handles that project

Apple tests blood-sugar app to help people with prediabetes: Know more
Updated On : 28 Oct 2024 | 10:39 AM IST

RBI's upbeat growth estimates create confusion, concern among economists

The central bank has stuck to its forecast that India's economy will expand 7.2 per cent in the year ending March 2025

RBI's upbeat growth estimates create confusion, concern among economists
Updated On : 28 Oct 2024 | 9:10 AM IST

McDonald's rules out beef patties as source of E Coli outbreak in US

The fast food chain said it combined its supply chain tracing data with information from government bodies, including an analysis by the Colorado Department of Agriculture

McDonald's rules out beef patties as source of E Coli outbreak in US
Updated On : 28 Oct 2024 | 7:58 AM IST

Green municipal bonds grow as many Indian cities seek climate funding

Surat, in Gujarat, along with Pimpri Chinchwad in the western part of the country and southern city Coimbatore are all finalising proposals

Green municipal bonds grow as many Indian cities seek climate funding
Updated On : 28 Oct 2024 | 7:49 AM IST

US elections: Musk says he can cut $2 trillion from Budget at Trump rally

Trump has said he would ask Musk, the world's richest person and a major donor to the Republican nominee's campaign, to head up an effort to cut government spending

US elections: Musk says he can cut $2 trillion from Budget at Trump rally
Updated On : 28 Oct 2024 | 7:21 AM IST