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Bloomberg

Bloomberg

Page 245 - Bloomberg

US to widen sanctions to curb semiconductor sales to Russia's war machine

Russia's war, now in its third year, has seen a renewed offensive and intensified aerial bombardment of Ukrainian cities

US to widen sanctions to curb semiconductor sales to Russia's war machine
Updated On : 13 Jun 2024 | 5:53 AM IST

Human trafficking case: Nanny like second mum to family, says Ajay Hinduja

He said he wanted to thank the woman for her work for the family, adding that she's still in touch with his kids and sends them Diwali greetings by phone

Human trafficking case: Nanny like second mum to family, says Ajay Hinduja
Updated On : 11 Jun 2024 | 11:39 PM IST

Ikea lost $5,000 each time when a worker quit, so it began paying more

For a service-driven company like Ikea, unhappy workers can quickly lead to unhappy customers

Ikea lost $5,000 each time when a worker quit, so it began paying more
Updated On : 11 Jun 2024 | 11:32 PM IST

Blinken says Netanyahu agrees to ceasefire plan for Israel-Hamas war

Later on Tuesday during a stop in neighboring Jordan, Blinken pledged more than $400 million in US assistance for Palestinians in Gaza, the West Bank and the broader region

Blinken says Netanyahu agrees to ceasefire plan for Israel-Hamas war
Updated On : 11 Jun 2024 | 11:22 PM IST

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

Apple debuts long-awaited AI tools, including ChatGPT tie-up at WWDC

Apple is making a high-stakes bid to catch up with rivals in the booming AI market. After falling behind tech peers like Alphabet Inc.'s Google and Microsoft Corp

Apple debuts long-awaited AI tools, including ChatGPT tie-up at WWDC
Updated On : 11 Jun 2024 | 10:45 PM IST

Analysts welcome PM Modi's faith in Sitharaman as finance minister

Some analysts see spending on infrastructure, which soared under Sitharaman, to remain a big focus of the government

Analysts welcome PM Modi's faith in Sitharaman as finance minister
Updated On : 11 Jun 2024 | 9:50 AM IST

Dozens of CVS drug recalls expose link to tainted factories in China, India

The drugs were among those sold by CVS Health Corp., the largest US pharmacy, under its store-brand label before being recalled

Dozens of CVS drug recalls expose link to tainted factories in China, India
Updated On : 11 Jun 2024 | 8:31 AM IST

In latest setback, Tesla must face autopilot false ad claims by DMV

Monday's ruling comes less than a month after a federal judge in San Francisco ruled that Tesla must face a proposed class-action lawsuit by consumers making similar claims

In latest setback, Tesla must face autopilot false ad claims by DMV
Updated On : 11 Jun 2024 | 8:00 AM IST

World's largest vaccine maker Serum Institute sees demand doubling in 5 yrs

The world's largest vaccine maker currently has the capacity to produce 3 billion doses of all types of vaccines each year, but only sells about 1.5 billion doses annually

World's largest vaccine maker Serum Institute sees demand doubling in 5 yrs
Updated On : 11 Jun 2024 | 7:42 AM IST

Singapore authorities ramp up scrutiny of family offices, hedge funds

The government's push to tighten various investment regimes has accelerated since March, with agencies setting out additional requirements that must be met in the coming months

Singapore authorities ramp up scrutiny of family offices, hedge funds
Updated On : 11 Jun 2024 | 7:12 AM 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

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