Bloomberg
Bloomberg
Page 341 - Bloomberg
Apple selloff deepens to $194 billion on China plans iPhone curbs
Shares of the Cupertino, California-based company fell as much as 3.2% premarket, after slumping 3.6% Wednesday
 "Apple selloff deepens to $194 billion on China plans iPhone curbs")
African Union to get full G20 membership; announcement likely during summit
Indian Prime Minister Narendra Modi, who is hosting the G20 summit, has made it a priority to grant the African Union full membership
 "African Union to get full G20 membership; announcement likely during summit")
Foxconn seeks to work with STMicro to build semiconductor factory in India
Foxconn Technology Group is teaming up with STMicroelectronics NV for a bid to build a semiconductor factory in India, seeking state backing to broaden its footprint in the South Asian country
 "Foxconn seeks to work with STMicro to build semiconductor factory in India")
Blackstone, Thomson Reuters raise £2 bn from LSE via overnight placing
The price represents a 3.8% discount to the exchange operator's previous close
 "Blackstone, Thomson Reuters raise £2 bn from LSE via overnight placing")
Vedanta Resources plans to meet investors as it faces $2 billion debt bill
The mining company has already started an exercise to identify investors in its dollar bonds that mature next January and August, as well as those due in March 2025
 "Vedanta Resources plans to meet investors as it faces $2 billion debt bill")
Ahead of G20 Summit, PM Modi asks rich nations to soften climate demands
This week, New Delhi has been attempting to shift the focus from the absence of Chinese President Xi Jinping to the agenda pursued by the G20 delegates
 "Ahead of G20 Summit, PM Modi asks rich nations to soften climate demands")
China seeks to broaden Apple iPhone ban to state firms and agencies
Beijing intends to extend that restriction far more broadly to a plethora of state-owned enterprises and other government-controlled organizations
 "China seeks to broaden Apple iPhone ban to state firms and agencies")
India's $775 bn stock boom at risk as small caps show signs of overheating
Still, the pace of gains in smaller stocks relative to large caps has raised caution about the near-term outlook for the latest uptrend in Indian stocks
 "India's $775 bn stock boom at risk as small caps show signs of overheating")
Fossil fuel use smudge G20 host India's green leadership ambitions
New Delhi frets over the risks that come with abandoning coal, a fuel regarded as cheap and readily available - at a time when energy security and cost concerns are paramount
 "Fossil fuel use smudge G20 host India's green leadership ambitions")
Trailblazing rules to boost India's ESG mkt, to attract investors: JPMorgan
India rolled out several measures over past 2 years to regulate its market for green and other assets, most recently allowing domestic fund managers to launch plans under 6 types of ESG strategies
 "Trailblazing rules to boost India's ESG mkt, to attract investors: JPMorgan")
China's property crisis exposes corporate governance failure to the world
International money managers say that it's the weak, and many argue worsening, governance and disclosure practices that are putting them off mainland borrowers longer-term
 "China's property crisis exposes corporate governance failure to the world")
China's property crisis exposes corporate governance failure to the world
International money managers say that it's the weak, and many argue worsening, governance and disclosure practices that are putting them off mainland borrowers longer-term
Joe Biden looks to woo back allies as Putin, Xi skip G20 summit in India
Russian President Vladimir Putin and Chinese President Xi Jinping both opted to skip this year's gathering, giving Biden an opening to re-establish the US as the polestar of the international system
 "Joe Biden looks to woo back allies as Putin, Xi skip G20 summit in India")
Fighter jets, drones turn New Delhi into a fortress for G20 Summit
At the heart of the project is locking down New Delhi, the city's small bureaucratic center, where the summit will take place Saturday and Sunday
 "Fighter jets, drones turn New Delhi into a fortress for G20 Summit")
China considers law banning clothes that 'hurt feelings' of others
The lawmakers didn't spell out exactly what kind of images or speech could get people sent to a detention center for up to 15 days or fined up to 5,000 yuan ($680)
 "China considers law banning clothes that 'hurt feelings' of others")
Microsoft Xbox chief Spencer 'confident' on closing Activision deal
In July, Activision agreed to give Microsoft until Oct. 18 to resolve the remaining regulatory issues and close the transaction, which would be the biggest video-game deal of all time
 "Microsoft Xbox chief Spencer 'confident' on closing Activision deal")
UK acknowledges possible encryption hurdles as online safety law looms
"If appropriate technology does not exist which meets these requirements, Ofcom cannot require its use," Parkinson said
 "UK acknowledges possible encryption hurdles as online safety law looms")
China prohibits some govt officials from using Apple iPhones: Report
It's not clear how widely the orders were issued, the newspaper added.The shares slid as much as 3.3% to $183.53 in New York on Wednesday, marking the biggest intraday drop since Aug 4
 "China prohibits some govt officials from using Apple iPhones: Report")
G20 aims to triple renewables by 2030, gives caveat to fossil fuels
A spokesperson for India's renewable energy ministry declined to comment on the talks
 "G20 aims to triple renewables by 2030, gives caveat to fossil fuels")
Morgan Stanley sees tipping point in carbon credits as prices sink
The voluntary carbon market (VCM) has been gripped by a steady stream of scandals, leading to wild price swings and even collapsing valuations
 "Morgan Stanley sees tipping point in carbon credits as prices sink")
