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Bloomberg

Bloomberg

Page 28 - Bloomberg

Govt prepares to send oil tankers through Strait of Hormuz for new supply

India wants to continue importing energy from its traditional West Asia oil producers because supplies from alternate sources would take a longer time to reach the country

Govt prepares to send oil tankers through Strait of Hormuz for new supply
Updated On : 20 May 2026 | 11:43 PM IST

Meta begins 8,000 global job cuts in Asian hub of Singapore amid AI push

This latest round of cuts is expected to hit Meta's engineering and product teams in particular and additional layoffs could come later in the year

Meta begins 8,000 global job cuts in Asian hub of Singapore amid AI push
Updated On : 20 May 2026 | 10:47 PM IST

WHO-Imperial College analysis suggests Congo Ebola outbreak undercounted

The analysis, based on case data collected through Saturday, found the outbreak was likely substantially larger than officially detected

WHO-Imperial College analysis suggests Congo Ebola outbreak undercounted
Updated On : 20 May 2026 | 10:15 AM IST

Google unveils Search for AI era, revamps Gemini app, debuts coding tools

Google also introduced a new subscription plan through which developers can get more access to the company's AI tools for $100 per month

Google unveils Search for AI era, revamps Gemini app, debuts coding tools
Updated On : 20 May 2026 | 9:30 AM IST

Trump threatens to resume strikes on Iran if there's no agreement soon

The comments once again raised the prospect of a return to active hostilities with Iran

Trump threatens to resume strikes on Iran if there's no agreement soon
Updated On : 20 May 2026 | 8:25 AM IST

A look at India's measures to cushion oil shock amid soaring prices

From curbing gold imports and raising fuel prices to tightening currency-market rules, authorities have stepped up efforts to conserve dollars, with the rupee hitting a new low Tuesday

A look at India's measures to cushion oil shock amid soaring prices
Updated On : 20 May 2026 | 8:13 AM IST

Trump's settlement in IRS lawsuit includes dropping tax cases, audits

IRS was barred by the Justice Department from continuing any 'known and unknown' probes into his tax returns

Trump's settlement in IRS lawsuit includes dropping tax cases, audits
Updated On : 20 May 2026 | 7:54 AM IST

Republican-led US Senate signals rising opposition to Trump's war in Iran

The 50-47 vote is a clear warning of eroding support for military action as Trump contemplates launching a new assault on Iran

Republican-led US Senate signals rising opposition to Trump's war in Iran
Updated On : 20 May 2026 | 7:42 AM IST

High power costs put cooling out of reach in India's parched heart

Rising electricity costs is worsening heat stress for low-income households

High power costs put cooling out of reach in India's parched heart
Updated On : 20 May 2026 | 7:38 AM IST

Govt weighs $1 bn aid for private electric buses, trucks amid energy crisis

Centre is accelerating efforts to cut fossil-fuel dependence after supply disruptions linked to the West Asia crisis

Govt weighs $1 bn aid for private electric buses, trucks amid energy crisis
Updated On : 20 May 2026 | 7:23 AM IST

Airlines urge OMCs to delay ATF rate hikes amid West Asia conflict

Indian airlines urge oil refiners to delay ATF price hikes for domestic flights amid rising losses triggered by the West Asia conflict

Airlines urge OMCs to delay ATF rate hikes amid West Asia conflict
Updated On : 19 May 2026 | 10:30 PM IST

Schools, farms, bars, cafes would shut: Spain defends pro-migrant policies

The opposition parties seeking to shut down Madrid's pro-migrant policies are jeopardizing key pillars of Spanish life, the Socialist-led government says

Schools, farms, bars, cafes would shut: Spain defends pro-migrant policies
Updated On : 19 May 2026 | 9:11 AM IST

Philippines to be involved in any Taiwan conflict due to proximity: Marcos

Philippines, which has a territorial dispute with Beijing over the South China Sea, is increasing its engagement with China to help maintain peace, Marcos said

Philippines to be involved in any Taiwan conflict due to proximity: Marcos
Updated On : 19 May 2026 | 8:29 AM IST

Reliance turns to CATL as Chinese tech curbs hit battery ambitions

Reliance is in talks with CATL and other Chinese suppliers for battery components as Beijing's tightening tech curbs reshape its clean energy ambitions

Reliance turns to CATL as Chinese tech curbs hit battery ambitions
Updated On : 19 May 2026 | 8:10 AM IST

Trump admin targets Cuba's leaders, generals and spies with new sanctions

The punitive action is part of the president and Secretary of State Marco Rubio's push to squeeze the island's economy, most notably through a de facto energy blockade

Trump admin targets Cuba's leaders, generals and spies with new sanctions
Updated On : 19 May 2026 | 7:52 AM IST

StanChart planning to lay off thousands of support staff amid AI push

London-headquartered bank said it would cut corporate functions roles by more than 15 per cent by 2030 and scale practical uses of AI to streamline processes

StanChart planning to lay off thousands of support staff amid AI push
Updated On : 19 May 2026 | 7:50 AM IST

Kalshi, Polymarket continue India operations despite betting platform ban

Kalshi's legal counsel, Valeria Vouterakou, said the company has been in communication with the Indian government and has not been told to shut down

Kalshi, Polymarket continue India operations despite betting platform ban
Updated On : 18 May 2026 | 11:25 PM IST

Elon Musk says he will not sell SpaceX stake ahead of planned IPO launch

SpaceX could file publicly for a record-breaking IPO next week at a valuation exceeding $2 trillion

Elon Musk says he will not sell SpaceX stake ahead of planned IPO launch
Updated On : 18 May 2026 | 11:11 PM IST

China's economic slowdown revives calls for stronger stimulus measures

Weak retail sales, industrial output and investment data raise pressure on Beijing to step up policy support amid global energy turmoil

China's economic slowdown revives calls for stronger stimulus measures
Updated On : 18 May 2026 | 11:09 PM IST

Centre weighing import duty hike for edible oil to support farmers

The deliberations come as the government steps up efforts to curb foreign-exchange outflows, which have put pressure on the rupee - Asia's worst-performing currency this year

Centre weighing import duty hike for edible oil to support farmers
Updated On : 18 May 2026 | 9:12 PM IST