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Bloomberg

Bloomberg

Page 348 - Bloomberg

Amazon, Exxon hydrogen hubs set to receive portions of $7 bn US Funds

The hydrogen hub awards, which were funded in 2021's bipartisan infrastructure law, mark the culmination of a furious race between states

Amazon, Exxon hydrogen hubs set to receive portions of $7 bn US Funds
Updated On : 13 Oct 2023 | 3:50 PM IST

Canon begins selling new chip machines to rival world's best by ASML

Canon's machinery may also add a new front in the US-China trade war, as the import of EUV machines into China is prohibited by trade sanctions

Canon begins selling new chip machines to rival world's best by ASML
Updated On : 13 Oct 2023 | 1:32 PM IST

India still far from replacing China as global growth engine, says HSBC

HSBC expects the gap between the two economies to continue to widen in the foreseeable future, expanding to $17.5 trillion by 2028, based on IMF forecasts

India still far from replacing China as global growth engine, says HSBC
Updated On : 13 Oct 2023 | 12:10 PM IST

Traders puzzled why the RBI spends billions fighting stronger dollar

Volatility in the rupee is hovering near the lowest in almost two decades and the currency has avoided breaching a record low even as rising US rates wreaked havoc in emerging markets

Traders puzzled why the RBI spends billions fighting stronger dollar
Updated On : 13 Oct 2023 | 11:39 AM IST

Steve Scalise ends US House Speaker bid, deepening republican turmoil

He said he wouldn't get involved in choosing an alternative nominee but election of a speaker "needs to happen quickly"

Steve Scalise ends US House Speaker bid, deepening republican turmoil
Updated On : 13 Oct 2023 | 10:12 AM IST

World Cup: Cricket fans from around the world gear up for IND vs PAK clash

The one-day match could last as long as 9 hours and is taking on extra significance as it will be the 1st time in 7-yrs that Pakistan has played in India following years of deteriorating relations

World Cup: Cricket fans from around the world gear up for IND vs PAK clash
Updated On : 13 Oct 2023 | 9:11 AM IST

China's consumer inflation rate flatlines in Sept amid precarious recovery

Core CPI - which strips out volatile food and energy costs - rose 0.8%, same as August. Producer prices fell 2.5%, moderating slightly from the prior month's decline

China's consumer inflation rate flatlines in Sept amid precarious recovery
Updated On : 13 Oct 2023 | 8:44 AM IST

Fed policymakers flag high rates for 'some time' while risks shift

In forecasts issued last month, 12 of 19 officials projected one more hike this year, while the median estimate showed they expected fewer rate cuts in 2024 and 2025

Fed policymakers flag high rates for 'some time' while risks shift
Updated On : 13 Oct 2023 | 12:11 AM IST

George Soros closes offices across $25 billion philanthropy empire

The charity doles out more than $1 billion in grants annually, including over $100 million in Africa

George Soros closes offices across $25 billion philanthropy empire
Updated On : 13 Oct 2023 | 12:06 AM IST

Amazon's expansion into logistics services could unlock $100 bn in revenue

Analysts see the strategy echoing what the firm achieved with its cloud business, when it built Amazon Web Services to serve its own needs before opening the platform to third-party merchants

Amazon's expansion into logistics services could unlock $100 bn in revenue
Updated On : 12 Oct 2023 | 11:27 PM IST

Google vows to fight European Union's threat to break up its ad business

The EU case is a direct attack on the black-box of online advertising where Google automatically calculates and offers ad space and prices to advertisers and publishers as a user clicks on a web page

Google vows to fight European Union's threat to break up its ad business
Updated On : 12 Oct 2023 | 11:21 PM IST

Israeli ambassador urges China to talk with Iran, stop escalation

While Tehran is a known backer of Hamas, Iran's Supreme Leader Ali Khamenei has denied his country was involved in the strike

Israeli ambassador urges China to talk with Iran, stop escalation
Updated On : 12 Oct 2023 | 2:07 PM IST

Here's why Palestinians just can't leave Gaza during Israel-Hamas conflict

The short answer to that question is: They can't. Before I explain why, consider the lay of the land and the situation in which Gazans find themselves right now

Here's why Palestinians just can't leave Gaza during Israel-Hamas conflict
Updated On : 12 Oct 2023 | 11:05 AM IST

Canada allegations haven't hurt India's diplomacy: Envoy to Australia

While Australia initially called for an investigation after Canadian Prime Minister Justin Trudeau made the accusations against India, there had been no significant reaction from Southeast Asia

Canada allegations haven't hurt India's diplomacy: Envoy to Australia
Updated On : 12 Oct 2023 | 8:47 AM IST

World Cup: India-Pakistan cricket match sees sky-high resale ticket prices

Some desperate fans splurged on what they thought were last-minute tickets, only later to find that the Board of Control for Cricket in India, had been withholding tickets

World Cup: India-Pakistan cricket match sees sky-high resale ticket prices
Updated On : 12 Oct 2023 | 7:54 AM IST

Israel ups the ante against Hamas, vows to wipe them 'off face of Earth'

"Every Hamas terrorist is a dead man," Netanyahu said at a late-night briefing, flanked by Defense Minister Yoav Gallant and Benny Gantz, the head of Israel's opposition

Israel ups the ante against Hamas, vows to wipe them 'off face of Earth'
Updated On : 12 Oct 2023 | 7:48 AM IST

IMF projects inflation, growth risks if Israel-Hamas conflict widens

It's a bit early to know the full implications of the conflict, and much will depend on whether it draws in other countries, Gita Gopinath said

IMF projects inflation, growth risks if Israel-Hamas conflict widens
Updated On : 12 Oct 2023 | 12:11 AM IST

Samsung's profit slows in sign of semiconductor chip market bottom

Samsung's shares rose as much as 4.4%, their most in more than a month, with some investors saying a 78% decline in operating income was better than they'd feared

Samsung's profit slows in sign of semiconductor chip market bottom
Updated On : 11 Oct 2023 | 11:53 PM IST

Aster DM Healthcare's India unit draws suitors valuing business at $1.5 bn

Aster shares have soared about 40% this year, valuing the Mumbai-listed company at about $1.9 billion

Aster DM Healthcare's India unit draws suitors valuing business at $1.5 bn
Updated On : 11 Oct 2023 | 11:11 PM IST

Disneyland raises ticket prices up to 9%, Florida annual passes rise too

The new prices take effect immediately, the company said in separate statements Wednesday

Disneyland raises ticket prices up to 9%, Florida annual passes rise too
Updated On : 11 Oct 2023 | 10:29 PM IST