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Bloomberg

Page 355 - Bloomberg

How China's faltering growth threatens to derail commodities markets

Commodities have so far held up better than other assets as the economy has worsened. Freed from the constraints of the pandemic, fuel consumption has risen

How China's faltering growth threatens to derail commodities markets
Updated On : 23 Aug 2023 | 7:03 AM IST

India set for first south pole Moon landing after Russia's Luna-25 crashes

Vikram, Chandrayaan-3's lander, is trending on X, formally known as Twitter, as billionaire industrialists and Bollywood actors eagerly await the historic moment

India set for first south pole Moon landing after Russia's Luna-25 crashes
Updated On : 23 Aug 2023 | 6:54 AM IST

Srettha Thavisin wins vote to become Thailand's 30th prime minister

Srettha can form his cabinet once his appointment is endorsed by King Maha Vajiralongkorn in a Royal Gazette

Srettha Thavisin wins vote to become Thailand's 30th prime minister
Updated On : 22 Aug 2023 | 11:59 PM IST

US companies increasing use of diversity initiatives in job posts

The changes in hiring language comes despite increasing pressure on companies to step away from DEI initiatives

US companies increasing use of diversity initiatives in job posts
Updated On : 22 Aug 2023 | 11:22 PM IST

Cryptocurrency exchange CoinDCX cuts staff by 12% as revenues hit by slump

Last year CoinDCX raised $135 million at a valuation of $2.2 bn from venture capital funds led by Pantera Capital and Steadview Capital Management LLC

Cryptocurrency exchange CoinDCX cuts staff by 12% as revenues hit by slump
Updated On : 22 Aug 2023 | 11:11 PM IST

Glenmark Pharma, Teva settle drug pricing cases with US Dept of Justice

Teva will make a $50 million drug donation to humanitarian organizations that help Americans in need

Glenmark Pharma, Teva settle drug pricing cases with US Dept of Justice
Updated On : 22 Aug 2023 | 10:00 PM IST

Wildfires, extreme weather driving denialism about climate change online

Researchers tracking social-media commentary are noticing a paradox. For some people, climate catastrophes are in fact evidence that climate change isn't real

Wildfires, extreme weather driving denialism about climate change online
Updated On : 22 Aug 2023 | 7:02 PM IST

Rice supply faces new threat as India considers more restrictions

The government is considering imposing a tax on shipments of parboiled rice, according to people familiar with matter. No decision has been made yet

Rice supply faces new threat as India considers more restrictions
Updated On : 22 Aug 2023 | 12:09 PM IST

SBI Fund Management turns to cash on bets RBI will hike rates further

The assessment makes it one of the very few money mangers to call for a rate increase, with most market players just pushing back the rate-cut bets to later next year

SBI Fund Management turns to cash on bets RBI will hike rates further
Updated On : 22 Aug 2023 | 11:57 AM IST

Here's why Meta's Twitter killer, Threads, needs a desktop version

It's unclear what other functionality the Threads product update will include. The company declined to comment

Here's why Meta's Twitter killer, Threads, needs a desktop version
Updated On : 22 Aug 2023 | 9:10 AM IST

Shadow banking: India bets on Jio and a boom, while China hits a funk

The trajectory of financiers, especially those who don't take state-insured deposits, is beginning to diverge in the neighbouring economies

Shadow banking: India bets on Jio and a boom, while China hits a funk
Updated On : 22 Aug 2023 | 8:58 AM IST

Amazon illegally called police on employees, labour board alleges

Last November, a federal judge in New York in a different case ordered Amazon to stop retaliating against employees for workplace activism

Amazon illegally called police on employees, labour board alleges
Updated On : 22 Aug 2023 | 8:11 AM IST

Money scams: Deepfakes, AI will drive $10 trn in financial fraud, crime

The proliferation of scam tech has alarmed regulators, police and people at the highest levels of the financial industry. Artificial intelligence in particular is being used to "turbocharge" fraud

Money scams: Deepfakes, AI will drive $10 trn in financial fraud, crime
Updated On : 22 Aug 2023 | 7:31 AM IST

Soaring onion prices in India may hurt PM Modi more than tomatoes

India has imposed a 40 per cent export tax on onions and plans to sell them locally at subsidised rates

Soaring onion prices in India may hurt PM Modi more than tomatoes
Updated On : 22 Aug 2023 | 7:23 AM IST

Oil prices rise for third day as tighter market offsets demand risks

Meanwhile, some refined products such as diesel - the workhorse fuel of the global economy - have started pricing in scarcity this winter, boosting their premium to the oil from which they are made

Oil prices rise for third day as tighter market offsets demand risks
Updated On : 21 Aug 2023 | 11:29 PM IST

Two years after catching Covid, patients still risk getting sick: Research

People who were never sick enough to be hospitalized for acute Covid still had a higher risk than uninfected people of developing long Covid-related disorders

Two years after catching Covid, patients still risk getting sick: Research
Updated On : 21 Aug 2023 | 10:07 PM IST

American workers want almost $79,000 salary to start new job: US Fed survey

For men the average reservation wage was about $91,000 - and for women it was $25,000 lower than that

American workers want almost $79,000 salary to start new job: US Fed survey
Updated On : 21 Aug 2023 | 10:05 PM IST

Elon Musk told Pentagon that he spoke to president Putin directly: Report

Musk made the comments during an October conversation with Colin Kahl, then the Pentagon's top policy official, about Ukrainian forces losing connection to Space X's Starlink service

Elon Musk told Pentagon that he spoke to president Putin directly: Report
Updated On : 21 Aug 2023 | 9:56 PM IST

US treasury 10-year real yield exceeds 2% for first time since 2009

Benchmark rose as much as 6 basis points to 2%, before easing little under that threshold, extending rise from 1.5% since mid-July. 30-year real yield up 6.6 basis points to 2.14%, new peak since 2011

US treasury 10-year real yield exceeds 2% for first time since 2009
Updated On : 21 Aug 2023 | 8:05 PM IST

HDFC Bank wants to ride India consumer boom after home loan dominance

The Mumbai-based bank is converting about 530 offices that previously specialized in mortgages into ones with fully-fledged banking services in the coming months, said Kaizad Bharucha

HDFC Bank wants to ride India consumer boom after home loan dominance
Updated On : 21 Aug 2023 | 10:45 AM IST