Page 28 - Bloomberg

Philanthropist MacKenzie Scott reduces stake in Amazon by $12.6 billion

The latest disclosure, dated Sep 30, shows she holds 81.1 million shares, down 58 million from a year earlier

Na-Ranong dynasty seeks $100 mn for rare deep-water marina in Phuket

A scion of the clan is leading the sale of a 138,000 square meter deep-water marina on the Thai island that was one of the key filming locations for season three of The White Lotus

China hits back at US on shipping with Hanwha Ocean sanctions, probe

The Ministry of Commerce said Tuesday it was placing limits on five US entities of Hanwha Ocean Co., one of South Korea's biggest shipbuilders

Trump port fees bring added headache for Chinese shipping companies

Cosco Shipping could face $1.5-2.1 billion in US port fees in 2026, OOIL up to $654 million, while non-Chinese carriers see limited impact due to use of non-China-built ships

Amazon fires employee who protested company's ties to Israeli govt

Ahmed Shahrour, a 29-year-old Palestinian engineer, was fired on Monday for violations of company policy

Venezuela shuts embassy in Norway after Machado wins Nobel Peace Prize

The Nobel Peace Prize is awarded by an independent committee appointed by Norway's parliament, which is not related to the Executive's foreign affairs policy

Sarkozy set to become France's first former president to serve jail term

Nicolas Sarkozy was told by prosecutors that he will be incarcerated on Oct 21, according to BFM TV, which added that the former president would be held in the Paris prison of La Sante

Trump offers all colleges preferential funding plan rejected by MIT

The move expands President Donald Trump's latest pressure tactic beyond the relatively small circle of elite colleges and research universities that have so far been his administration's targets

Britain sees 50% spike in major cyberattacks as top firms targeted

Britain's National Cyber Security Center, part of its signals intelligence agency GCHQ, said it had dealt with 429 cyber incidents in the 12 months to the end of August.

LG Electronics India poised to rise in trading debut after $1.3 bn IPO

More broadly, an opening-day surge by LG would bode well for other Indian companies planning to go public, particularly in the wake of Tata Capital Ltd. only rising 1.4 per cent in its debut

Centre says trade team to visit US this week as bilateral talks progress

The negotiations resumed last month as both sides sought to ease tensions following President Donald Trump's decision to slap India with the highest tariffs in Asia

China's exports beat forecasts, showing resilience as trade war escalates

The strength of demand from markets other than the US means that Chinese firms should be less affected by the further increase in tariffs threatened by President Donald Trump

Digital arrests: Inside India's biggest scam and how to tackle it

Damage caused by the rise of the digital-arrest con, which has found fertile ground amid the country's soaring youth unemployment, endemic corruption and glaring wealth inequality, runs deep and wide

Canada moves to mend China, India ties amid rising tensions with Trump

Foreign Minister Anita Anand is traveling to New Delhi, Mumbai, Singapore and Hangzhou, China this week to meet with her counterparts and lay the groundwork for boosting trade and investment

AI promises productivity, but it seems to be delivering mostly 'workslop'

News that Deloitte Australia will partially refund the government for a report sprinkled with apparent AI-generated errors has caused a local furor and spurred international headlines

Pakistan's power play: Saying yes to all in a risky multipolar world

Islamabad might have failed for decades to create the sort of productive, dynamic economy that builds anything the world might want to buy. But that doesn't mean there's nothing left to sell

Xi Jinping's red line on Trump's export curbs threatens to upend truce

After China unveiled wide-ranging global export controls on products containing even traces of certain rare earths this week, Trump fired back by threatening to cancel an in-person meeting with Xi

Warner Bros rebuffs Paramount's initial takeover approach, citing low offer

Paramount, led by David Ellison, has several options, including boosting its bid, going directly to shareholders or finding additional backing through a financial partner

Tata Capital, LG Electronics debut to test strength of IPO market next week

The two listings underscore India's growing status as a global fundraising hub, powered by deep domestic liquidity and an expanding retail investor base

Nobel winner vilified by Maduro vows to continue her fight for Venezuela

Machado's prize is unlikely to help improve the circumstances for her supporters and opposition leaders, whose ranks have thinned under a brutal crackdown that's sent many to jail or into exile