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Bloomberg

Bloomberg

Page 224 - Bloomberg

Elon Musk threatens to ban Apple devices if OpenAI integrated into OS

The remarks followed a presentation Monday by Apple Inc., when the iPhone maker said that customers would have access to OpenAI's ChatGPT chatbot through the Siri digital assistant

Elon Musk threatens to ban Apple devices if OpenAI integrated into OS
Updated On : 11 Jun 2024 | 10:46 PM IST

Mauritius seeks 2% climate levy on co profits as pristine beaches wash out

The nation of 1.26 million people is experiencing more climate change-related events and needs to mobilize 300 billion rupees to meet adaptation and mitigation goals

Mauritius seeks 2% climate levy on co profits as pristine beaches wash out
Updated On : 11 Jun 2024 | 6:24 AM IST

Japan should let married women keep their surname, says business lobby

Japan is the only country that still enforces such a rule, according to Keidanren's research, and it has failed to budge despite multiple calls from a UN panel on discrimination against women

Japan should let married women keep their surname, says business lobby
Updated On : 11 Jun 2024 | 6:18 AM IST

Pakistan cuts benchmark interest rate for first time in four years

The State Bank of Pakistan reduced the target rate by 150 basis points to 20.50 per cent, compared to a median estimate for a 100 basis point cut. Only two economists predicted the decision

Pakistan cuts benchmark interest rate for first time in four years
Updated On : 10 Jun 2024 | 5:39 PM IST

TSMC, Foxconn are two companies that will guide global supply chains

Their size, technical dominance and global influence make these two Taiwanese companies irreplaceable - no other single business could jump in to fill the gap should either disappear overnight

TSMC, Foxconn are two companies that will guide global supply chains
Updated On : 10 Jun 2024 | 9:37 AM IST

10.5 mn flights scheduled to crisscross skies, jets burn fuel like its 2019

The International Air Transport Association is anticipating record passenger numbers this year, and planes that will be about as full as they were before the virus using record amounts of fuel

10.5 mn flights scheduled to crisscross skies, jets burn fuel like its 2019
Updated On : 10 Jun 2024 | 9:17 AM IST

Cheaper rupee boosting its lure as carry trade, says Bank of America

The rupee has become one of the least volatile currencies in emerging markets, aided by a long interest-rate pause by the Reserve Bank of India and record foreign exchange reserves

Cheaper rupee boosting its lure as carry trade, says Bank of America
Updated On : 10 Jun 2024 | 8:04 AM IST

Here's why India should look back 300 years to learn a lesson in AI

This is just the beginning. As generative AI morphs into artificial general intelligence - machines rivaling human cognitive abilities - even highly complex tasks may not require expert programmers

Here's why India should look back 300 years to learn a lesson in AI
Updated On : 10 Jun 2024 | 7:51 AM IST

Major fights, issues in the ongoing European Parliament election

Despite a series of recent setbacks, far-right parties are aiming for electoral gains that could bring migration to the top of the political agenda and complicate progress on the EU's climate goals

Major fights, issues in the ongoing European Parliament election
Updated On : 10 Jun 2024 | 12:47 AM IST

Norway sovereign fund opposes Elon Musk's $56 bn Tesla pay package

The vote at next week's AGM will be the second time Musk's pay package has been put before shareholders. A judge voided an initial vote that approved the package in 2018

Norway sovereign fund opposes Elon Musk's $56 bn Tesla pay package
Updated On : 09 Jun 2024 | 10:57 PM IST

Coal dependency, climate dilemma to hang over PM Modi in his third term

PM Modi will need to balance green ambitions against a need to sustain growth and satisfy rapidly accelerating electricity demand, leaning on a fraying power system still heavily dependent on coal

Coal dependency, climate dilemma to hang over PM Modi in his third term
Updated On : 09 Jun 2024 | 8:52 AM IST

PM Modi to take oath today for third consecutive term post election setback

Key questions still hang over the new government, including who will be named to major posts in the cabinet

PM Modi to take oath today for third consecutive term post election setback
Updated On : 09 Jun 2024 | 8:51 AM IST

In first in 3 months, Fed dot plot set to offer glimpse of rate-cut resolve

A 41 per cent plurality of economists expect the US Fed to signal two cuts in the closely watched dot plot, while an equal number expect the forecasts to show just one or no cuts at all

In first in 3 months, Fed dot plot set to offer glimpse of rate-cut resolve
Updated On : 09 Jun 2024 | 7:32 AM IST

Vladimir Putin running out of time to achieve breakthrough in Ukraine

Putin insists his war goals are unchanged and that Russia will fight for as long as needed to win in Ukraine, regardless of mounting casualties in a war that's in its third year with no end in sight

Vladimir Putin running out of time to achieve breakthrough in Ukraine
Updated On : 08 Jun 2024 | 11:08 AM IST

As Nvidia hits $3 trn, Jensen Huang's wealth surpasses Michael Dell's

Dell, 59, with a net worth of $105.9 billion, has been a computer hardware-industry outlier among the tech super-rich, who often owe their wealth to software companies

As Nvidia hits $3 trn, Jensen Huang's wealth surpasses Michael Dell's
Updated On : 08 Jun 2024 | 7:17 AM IST

India-Pakistan World Cup clash could fetch $4,800 a second in ad spend

Multinationals like Emirates Group, Saudi Aramco, and Coca-Cola are among the firms sponsoring the month-long tournament

India-Pakistan World Cup clash could fetch $4,800 a second in ad spend
Updated On : 07 Jun 2024 | 10:44 PM IST

Ultra-rich families fuel $20 billion surge in private equity buyouts

Wealthy clans that built their fortunes in industries from children's toys to household boilers have been co-investors on nearly $20 billion of listed company takeovers this year

Ultra-rich families fuel $20 billion surge in private equity buyouts
Updated On : 07 Jun 2024 | 10:19 PM IST

Crude oil pares weekly loss as Opec+ says it can cancel supply hike

Brent crude futures were trading near $80 a barrel, rebounding from the four-month low struck on Monday after Saudi Arabia and its partners outlined planes to gradually resume production

Crude oil pares weekly loss as Opec+ says it can cancel supply hike
Updated On : 07 Jun 2024 | 5:24 PM IST

Lok Sabha polls 2024: Wildly inaccurate exit polls invite calls for probe

Prior to the exit polls, Modi and Home Minister Amit Shah had predicted rallies in the stock market, with the prime minister saying it would hit record highs on the day of election results

Lok Sabha polls 2024: Wildly inaccurate exit polls invite calls for probe
Updated On : 07 Jun 2024 | 9:13 AM IST

Apple to launch Passwords app in challenge to 1Password, LastPass

The company is planning the new app as part of iOS 18, iPadOS 18 and macOS 15, the next major versions of its iPhone, iPad and Mac operating systems

Apple to launch Passwords app in challenge to 1Password, LastPass
Updated On : 07 Jun 2024 | 8:16 AM IST