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Bloomberg

Page 237 - Bloomberg

China's factory activity shrinks for 2nd time in June in warning to economy

Meanwhile, the non-manufacturing measure of activity in construction and services fell to 50.5, the statistics office said. That compares with a forecast of 51, and a May reading of 51.1

China's factory activity shrinks for 2nd time in June in warning to economy
Updated On : 30 Jun 2024 | 10:45 PM IST

Boeing in talks with US justice dept to resolve charges over safety lapses

The settlement could be announced as soon as next week and is expected to include imposing a corporate monitor on the world's second-largest planemaker

Boeing in talks with US justice dept to resolve charges over safety lapses
Updated On : 30 Jun 2024 | 10:38 PM IST

President Biden asks donors to stick with him after disastrous debate

Democratic donors, lawmakers and strategists were rattled by Biden's debate performance, with some urging the president to consider stepping aside

President Biden asks donors to stick with him after disastrous debate
Updated On : 30 Jun 2024 | 9:21 PM IST

Team India's victory in T20 World Cup likely to boost ad revenues further

Disney Star, this season's official media rights holder of the shortened, fast-paced form of cricket, was expecting to rake in as much as Rs 18,000 crore ($2.2 billion) in advertising from the sport

Team India's victory in T20 World Cup likely to boost ad revenues further
Updated On : 30 Jun 2024 | 10:32 AM IST

South Korea's SK Hynix plans to invest $75 billion on chips through 2028

SK Hynix's HBM chips are optimised for use with Nvidia Corp.'s artificial intelligence accelerators

South Korea's SK Hynix plans to invest $75 billion on chips through 2028
Updated On : 30 Jun 2024 | 9:17 AM IST

US employment moderates along with wage growth; signals inflation slowdown

Payrolls in the world's largest economy are projected to have increased by about 190,000, according to a Bloomberg survey of economists ahead of Friday's report

US employment moderates along with wage growth; signals inflation slowdown
Updated On : 30 Jun 2024 | 8:42 AM IST

After debate debacle, Biden seeks to reassure anxious donors at fundraisers

Democratic donors, lawmakers and strategists were rattled by Biden's debate performance on Thursday, with some urging the president to consider stepping aside

After debate debacle, Biden seeks to reassure anxious donors at fundraisers
Updated On : 29 Jun 2024 | 11:17 PM IST

'Boring' bitcoin sends weekend trading volume to all-time lows: Research

Bitcoin trading gained notoriety for its "Wild Weekends," where the digital currency would experience wide price fluctuations

'Boring' bitcoin sends weekend trading volume to all-time lows: Research
Updated On : 29 Jun 2024 | 9:11 PM IST

China tightens management of rare earths, approves new regulation

Rare earths belong to the country and no organisation or individual are allowed to claim them, the State Council said in a statement on its website

China tightens management of rare earths, approves new regulation
Updated On : 29 Jun 2024 | 5:52 PM IST

Court approves billionaire Anil Agarwal's plan to reclaim Zambia mine

To get access to the mine again, Vedanta now needs to follow the court ruling by releasing $250 million to settle debts that KCM owes to contractors and suppliers

Court approves billionaire Anil Agarwal's plan to reclaim Zambia mine
Updated On : 29 Jun 2024 | 2:32 PM IST

Here's what the Democrats need to do to replace Joe Biden as nominee

If Biden doesn't step aside, forcing him out would be a Herculean undertaking for Democrats

Here's what the Democrats need to do to replace Joe Biden as nominee
Updated On : 29 Jun 2024 | 10:53 AM IST

2024 Debate: Kamala Harris shines as a possible replacement for Biden

Tasked with the very hard job of spinning a disastrous debate performance and selling the Democratic brand, Harris met the moment

2024 Debate: Kamala Harris shines as a possible replacement for Biden
Updated On : 29 Jun 2024 | 10:30 AM IST

Delhi airport roof collapse raises concerns over India's massive infra push

The disaster at the very least suggests poor maintenance and gives Modi's critics fresh fodder to attack his record

Delhi airport roof collapse raises concerns over India's massive infra push
Updated On : 29 Jun 2024 | 8:59 AM IST

President Biden concedes missteps, vows to press on despite calls to quit

Trump attempted to harness momentum following the debate with his own rally in Virginia, ridiculing Biden's debate performance

President Biden concedes missteps, vows to press on despite calls to quit
Updated On : 29 Jun 2024 | 8:21 AM IST

Argentina about to unleash four new projects to churn out lithium

So far in Argentina, the lithium industry has centered on the provinces of Jujuy, Salta and Catamarca

Argentina about to unleash four new projects to churn out lithium
Updated On : 29 Jun 2024 | 8:14 AM IST

Microsoft's $13 billion investment into OpenAI faces extra EU scrutiny

Margrethe Vestager, the bloc's antitrust chief, announced Friday that the EU has ruled out an investigation under the EU's merger rules into the deal

Microsoft's $13 billion investment into OpenAI faces extra EU scrutiny
Updated On : 28 Jun 2024 | 11:29 PM IST

The risky business of standing up to Beijing

The key focus is to ensure that Manila can assert its rights in the contested waterway, without being dragged into a dangerous conflict that would almost definitely involve the US and its allies

The risky business of standing up to Beijing
Updated On : 28 Jun 2024 | 10:29 PM IST

Nokia bets on AI feuled data center boom in $2.3 billion Infinera deal

The takeover will value the optical telecommunications maker's equity at $6.65 per share, the companies said in a statement late on Thursday

Nokia bets on AI feuled data center boom in $2.3 billion Infinera deal
Updated On : 28 Jun 2024 | 10:13 PM IST

India planning to reduce paper work for foreign investors buying govt debt

The Securities and Exchange Board of India is discussing with the Reserve Bank of India to make the registration and maintenance process easier

India planning to reduce paper work for foreign investors buying govt debt
Updated On : 28 Jun 2024 | 3:41 PM IST

New Sebi rules likely to spur founders to revive delisting offers

For founders, 'listing had become a no-exit' endeavor but with this framework 'both entry and exit will be possible and realistic', said Makarand Joshi, an industry expert

New Sebi rules likely to spur founders to revive delisting offers
Updated On : 28 Jun 2024 | 12:46 PM IST