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Page 273 - Bloomberg

EY added $700 million in extra debt for failed spinoff costs: Report

Borrowing at the accounting firm more than tripled from a year earlier to $983 million as of June 30, 2023, as it expanded an existing floating credit rate facility and took out a new one

EY added $700 million in extra debt for failed spinoff costs: Report
Updated On : 12 Feb 2024 | 5:10 PM IST

US presidential polls: In Trump-Biden rematch, the only sure loser is China

Tariffs were Trump's weapon of choice early on, but as China policy hardened he expanded the arsenal

US presidential polls: In Trump-Biden rematch, the only sure loser is China
Updated On : 12 Feb 2024 | 7:55 AM IST

What's likely to come after Pakistan polls for markets and military?

It's harder to see a scenario where Khan's PTI forms a government given the military's opposition to it, analysts say

What's likely to come after Pakistan polls for markets and military?
Updated On : 12 Feb 2024 | 7:42 AM IST

PM Modi flexes global muscle with Abu Dhabi visit, temple opening

The UAE and India have historically enjoyed close ties. A third of the Gulf country's population hails from India and Dubai counts Indians as among the top buyers of real estate in the city

PM Modi flexes global muscle with Abu Dhabi visit, temple opening
Updated On : 12 Feb 2024 | 7:37 AM IST

Israel need to sell record amount of bonds this year to fund war: Officials

Israel is under increasing pressure, including from the US, to wind down its operations on Gaza and ease the suffering of Palestinian civilians

Israel need to sell record amount of bonds this year to fund war: Officials
Updated On : 12 Feb 2024 | 12:19 AM IST

Fragile-five days long gone as funds pile Into India, Indonesia: Report

The original 'Fragile Five' which also included Turkey, South Africa and Brazil referred to nations perceived to be most at risk due to their heavy reliance on foreign investment to drive growth

Fragile-five days long gone as funds pile Into India, Indonesia: Report
Updated On : 12 Feb 2024 | 12:04 AM IST

Elon Musk must testify in SEC Twitter purchase probe, rules federal court

The court ruled the evidence gathered is relevant and material to the SEC's investigation and the testimony required of Musk is not unduly burdensome, a court filing Saturday said

Elon Musk must testify in SEC Twitter purchase probe, rules federal court
Updated On : 11 Feb 2024 | 10:24 PM IST

Slower US inflation set to fuel Fed Reserve's interest-rate cut optimism

The overall CPI probably rose less than 3 per cent for the first time in nearly two years, economists forecast Tuesday's report to show

Slower US inflation set to fuel Fed Reserve's interest-rate cut optimism
Updated On : 11 Feb 2024 | 7:52 AM IST

ECB needs to start cutting interest rates soon, says Fabio Panetta

"Macroeconomic conditions suggest that disinflation is at an advanced stage, and progress toward the 2% target continues to be rapid," he said on Saturday at the annual Assiom Forex event in Genoa

ECB needs to start cutting interest rates soon, says Fabio Panetta
Updated On : 10 Feb 2024 | 7:39 PM IST

Apple is settling 2022 chip secrets theft case against startup Rivos

In a joint court filing Friday, the companies told a judge they're aiming to finalize an accord that resolves their claims against each other by March 15

Apple is settling 2022 chip secrets theft case against startup Rivos
Updated On : 10 Feb 2024 | 7:27 PM IST

Imran Khan's candidates defy odds to thrive in Pakistan general election

Khan's independents may fail to form a government as the election ends in a fifth straight hung parliament

Imran Khan's candidates defy odds to thrive in Pakistan general election
Updated On : 10 Feb 2024 | 2:03 PM IST

Israel hit with first ever downgrade as Moody's cites impact of war

Prime Minister Benjamin Netanyahu said the decision does not reflect the state of the country's economy

Israel hit with first ever downgrade as Moody's cites impact of war
Updated On : 10 Feb 2024 | 7:28 AM IST

Elon Musk's firm Neuralink ditches Delaware, reincorporates in Nevada

Neuralink isn't the first business Musk has reincorporated outside of Delaware and may not be the last

Elon Musk's firm Neuralink ditches Delaware, reincorporates in Nevada
Updated On : 10 Feb 2024 | 7:03 AM IST

US to launch $5 billion research hub to stay ahead in the chip race

"They're investing quite a few dollars on chip design and chip manufacturing in China right now, as our main competitor," Locascio said.

US to launch $5 billion research hub to stay ahead in the chip race
Updated On : 10 Feb 2024 | 12:15 AM IST

China's ongoing property crisis is starting to ripple across the world

The 60 Curzon residential development in Mayfair where insolvency experts from Interpath Advisory have been appointed

China's ongoing property crisis is starting to ripple across the world
Updated On : 10 Feb 2024 | 12:12 AM IST

Govt relaxed about OPEC+ cutting oil output, says oil minister Puri

India's oil-buying spree comes as the Organization of Petroleum Exporting Countries and its allies, including Russia, are capping their production amid demand concerns

Govt relaxed about OPEC+ cutting oil output, says oil minister Puri
Updated On : 09 Feb 2024 | 11:46 PM IST

India's true manufacturing rival is Vietnam, not China

For India to succeed, it needs to start thinking outward, which means understanding that the investment and business environment there isn't competitive

India's true manufacturing rival is Vietnam, not China
Updated On : 09 Feb 2024 | 10:59 PM IST

Fintech major Paytm set for small win as govt close to approving investment

The RBI in 2022 held back Paytm Payments Services' application to become a so-called payments aggregator - an entity which makes it easier for online retailers and merchants to accept digital payments

Fintech major Paytm set for small win as govt close to approving investment
Updated On : 09 Feb 2024 | 4:41 PM IST

Job cuts at Citi, Deutsche Bank show the future has arrived on Wall Street

Both executives were speaking in 2017, and while they may have been early, their predictions are beginning to pan out

Job cuts at Citi, Deutsche Bank show the future has arrived on Wall Street
Updated On : 09 Feb 2024 | 11:20 AM IST

US Prez Biden assails special counsel for questioning his mental acuity

"My memory is fine," Biden said. "I'm the most qualified person in this country to be President of the United States and finish the job I started."

US Prez Biden assails special counsel for questioning his mental acuity
Updated On : 09 Feb 2024 | 8:04 AM IST