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Bloomberg

Bloomberg

Page 209 - Bloomberg

India inks chip deal with Singapore as PM Modi pushes tech ambition

The nations will also work more closely together in cybersecurity, fifth-generation mobile networks, super-computing and artificial intelligence

India inks chip deal with Singapore as PM Modi pushes tech ambition
Updated On : 05 Sep 2024 | 10:05 AM IST

ADIA-backed NIIF to seek $4 bn for infrastructure in largest-ever fundraise

The National Investment & Infrastructure Fund, backed by the Indian government and several global investors, is looking to raise money early next year

ADIA-backed NIIF to seek $4 bn for infrastructure in largest-ever fundraise
Updated On : 05 Sep 2024 | 10:00 AM IST

Brazil blocking Elon Musk's X costs millions of users, little in sales

While sales from Brazil would likely represent a small piece of X's overall business, any revenue is important for the company, which is still fighting to win back advertisers

Brazil blocking Elon Musk's X costs millions of users, little in sales
Updated On : 05 Sep 2024 | 8:52 AM IST

Brazil vs Elon Musk: SpaceX warns employees not to travel to the country

It's standard for companies to review their security protocols and caution employees from traveling to certain areas depending on changing dynamics with customers and foreign governments

Brazil vs Elon Musk: SpaceX warns employees not to travel to the country
Updated On : 05 Sep 2024 | 8:47 AM IST

Japan's new norm of working into your 70s may spread to rest of world soon

To coax companies to keep elderly people employed, the government is already providing subsidies to firms employing those aged 65 and older

Japan's new norm of working into your 70s may spread to rest of world soon
Updated On : 05 Sep 2024 | 8:39 AM IST

AI startup You.com gets backing from Nvidia, DuckDuckGo Back, raises $50 mn

You.com claims millions of daily users, including at organizations like Salesforce, Stanford University and the startup Hugging Face

AI startup You.com gets backing from Nvidia, DuckDuckGo Back, raises $50 mn
Updated On : 04 Sep 2024 | 11:43 PM IST

Wall Street T+1 switch is causing more pain than we thought: Citigroup

The T+1 shift was a global event for the financial industry because it affected every institution and investor with cash in the US capital markets

Wall Street T+1 switch is causing more pain than we thought: Citigroup
Updated On : 04 Sep 2024 | 11:34 PM IST

Ukraine officials expecting IMF's pressure to devalue currency, cut rates

The result of the review could unlock a $1.1 billion disbursement to Ukraine if the fund's staff determines Ukraine is hitting program targets

Ukraine officials expecting IMF's pressure to devalue currency, cut rates
Updated On : 04 Sep 2024 | 11:19 PM IST

Retail firms are focused on shoppers spending, tariffs: Goldman Sachs

Consumers continue to be "somewhat steady," but they are spending selectively after years of inflation, McShane added.

Retail firms are focused on shoppers spending, tariffs: Goldman Sachs
Updated On : 04 Sep 2024 | 11:15 PM IST

Adani Enterprises kicks off its maiden bond sale aimed at individuals

The flagship firm of Indian billionaire Gautam Adani's group plans to raise as much as Rs 800 crore ($95.3 million) through the issuance

Adani Enterprises kicks off its maiden bond sale aimed at individuals
Updated On : 04 Sep 2024 | 10:49 PM IST

Indian luxury homebuilder Rustomjee to expand into data centres on AI boom

India's data center capacity has nearly doubled since 2019, drawing interest from a wide range of investors, according to a report from Avendus Capital

Indian luxury homebuilder Rustomjee to expand into data centres on AI boom
Updated On : 04 Sep 2024 | 1:36 PM IST

A 'unified lending interface' carries great potential, but is also risky

India's model for financial interconnectedness is based around what it calls digital public infrastructure

A 'unified lending interface' carries great potential, but is also risky
Updated On : 04 Sep 2024 | 9:12 AM IST

Donald Trump loses bid to move New York hush money case to federal court

The 78-year-old billionaire faces as long as four years behind bars in the hush money case, though a far shorter sentence or even probation is also possible

Donald Trump loses bid to move New York hush money case to federal court
Updated On : 04 Sep 2024 | 8:25 AM IST

SEC's WhatsApp probe expands as Moody's, S&P, Fitch hit with $48 mn fine

The Securities and Exchange Commission said Tuesday that Moody's and S&P will each pay $20 million to settle the cases, while Fitch will pay $8 million

SEC's WhatsApp probe expands as Moody's, S&P, Fitch hit with $48 mn fine
Updated On : 04 Sep 2024 | 8:21 AM IST

Global borrowing blitz led by blue chips selling $43 bn in bonds, loans

Bond yields on global investment-grade corporate debt averaged 4.52 per cent as of Tuesday's close, near their lowest level in about two years

Global borrowing blitz led by blue chips selling $43 bn in bonds, loans
Updated On : 04 Sep 2024 | 8:18 AM IST

Byju's lenders kicked off creditor panel by court official Srivastava

Lenders have been trying to force Byju's into an insolvency proceeding in a court in India for months, but with limited success

Byju's lenders kicked off creditor panel by court official Srivastava
Updated On : 04 Sep 2024 | 8:17 AM IST

Illumina wins court battle with EU over $7 billion Grail takeover

Under the controversial system, the Brussels-based commission encouraged national regulators to ask it to probe deals that would normally fall below the threshold for EU investigations

Illumina wins court battle with EU over $7 billion Grail takeover
Updated On : 03 Sep 2024 | 10:35 PM IST

WazirX hacker behind $234 mn crypto theft in India starts washing funds

Blockchain intelligence firm Arkham Intelligence highlighted the flows, which underline the difficulty of recovering the digital assets

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Updated On : 03 Sep 2024 | 3:08 PM IST

WazirX hacker behind $234 mn crypto theft in India starts washing funds

Blockchain intelligence firm Arkham Intelligence highlighted the flows, which underline the difficulty of recovering the digital assets

WazirX hacker behind $234 mn crypto theft in India starts washing funds
Updated On : 03 Sep 2024 | 3:08 PM IST

India needs faster growth for a decade to meet goals: RBI Dy Guv Patra

It's possible for India's per capita income to climb to levels required to be considered a high income or developed country, Patra said

India needs faster growth for a decade to meet goals: RBI Dy Guv Patra
Updated On : 03 Sep 2024 | 2:43 PM IST