Page 228 - Bloomberg

HSBC makes wealth push in Middle East after hiring 100 private bankers

HSBC is known for its wealth prowess across Asia, but it's long lagged Swiss rivals like UBS Group AG in the Middle East

Tesla blasts Glass Lewis after adviser seeks rejection of Musk pay package

The EV maker's board has been working to rally shareholder support ahead of its June 13 annual meeting

Global investors lift India's derivative holdings to record $101 bn

Foreign funds' open interest, or the number of contracts outstanding in value terms, reached 8.4 trillion rupees ($101 billion) on the National Stock Exchange Tuesday

US condemns loss of life but says no policy changes after deaths in Rafah

The US would be monitoring the investigation into the incident and expected Israel to learn lessons from the airstrike, Kirby said

Meta removes accounts in China, Israel pushing content likely made by AI

Meta, the parent of Facebook, Instagram and WhatsApp, has seen threat actors rely on AI to produce fake images, videos and text in an effort to influence users on its sites

Tesla's $56 bn pay package for Elon Musk opposed by Calpers CEO Frost

Musk criticized Frost's remarks, saying in a post on his social media platform X that the pension fund 'is breaking their word'

At $10,000, shipping container rates are again the talk of global trade

With capacity stretched by more than five months of attacks on vessels in the Red Sea, the container shipping industry is scrambling to meet demand that's picking up in the US and Europe

Sony in talks to buy Queen's music catalog in potential $1 bn deal

Sony is working with another investor on a purchase that could potentially total $1 billion, people familiar with the matter said, asking not to be named discussing confidential information

Foreign funds return to Indian bonds as JPMorgan index inclusion nears

Overseas investors bought about $358 million of bonds on Monday, the most in two months and a seventh successive day of purchases, data compiled by Bloomberg show

PM Modi's big victory expected to fuel Indian rupee's nascent rally

The currency, which has been at the mercy of the central bank's vise-like grip recently, is set for a breakout and poised for its best month in almost a year

LS elections: PM Modi needs tough reforms in 3rd term to lure foreign firms

Even with an improvement in business sentiment, there's been no major boost in actual investment yet

Biden admin presses TikTok, Meta, X to crack down on antisemitic posts

The companies have not yet agreed to the voluntary moves, but the administration is hopeful they will act in the not too distant future

Tesla settles 2016 fatal crash lawsuit as another jury trial looms

Tesla maintains there was nothing wrong with the car. It said the data event recorder showed that Speckman kept her foot on the accelerator pedal before the crash

Ex-OpenAI Director Helen Toner says board learned of ChatGPT launch on X

The company's launch of ChatGPT was relatively quiet: OpenAI simply called the chatbot an artificial intelligence model that interacts in a conversational way

Lok Sabha election winner will first need to repair household balance sheet

A trifecta of slow wage growth, elevated interest rates, and heavy borrowing by the average household has weakened the spending impulse of more than 300 million families

PM Modi needs to win 303-plus seats to extend stock market rally: Investors

Indian equities have risen to records, while the currency and bond markets are near their highest levels in over two months days ahead of the election results on June 4

Apple's iPhone shipments in China rise 52% as rebound gains steam

The iPhone accounts for the vast majority of such devices, and its rapid bounceback comes after it registered growth in March following steep declines in the first two months of the year

Wall Street moves to fastest settlement of trades with T+1 system

Two big, immediate tests also loom for the T+1 system: First, Wednesday's so-called double settlement day, where T+2 trades from Friday come due at the same time as Tuesday's T+1 transactions

Gaza war: Israeli tanks push into heart of Rafah amid bombardment

Fire that killed 45 was caused by secondary blasts, says Israel military

India may cut borrowing on less spending time, says Mirae Asset Investment

Sovereign bonds have already rallied in recent weeks, boosted by a reduction in short-term borrowings