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Bloomberg

Page 382 - Bloomberg

Apple Inc's Taiwan suppliers see sales falter again over slow demand

Before announcing its long-awaited Vision Pro headset alongside upgraded Macs this month, Apple weathered a tough first quarter where sales of its hardware either slumped or stagnated

Apple Inc's Taiwan suppliers see sales falter again over slow demand
Updated On : 21 Jun 2023 | 12:34 PM IST

India's economic activity is humming along even with still-high rates

The needle on a dial measuring the so-called Animal Spirits stayed at six for a second month even as some indicators such as exports and tax collections showed signs of weakness

India's economic activity is humming along even with still-high rates
Updated On : 21 Jun 2023 | 10:09 AM IST

Paytm leads $6 billion stock rally as Indian startups seek redemption

Shares of Paytm parent One 97 Communications Ltd. have surged 69%, adding more than $2.7 billion in market value, after it improved its profitability ahead of schedule

Paytm leads $6 billion stock rally as Indian startups seek redemption
Updated On : 21 Jun 2023 | 9:15 AM IST

Apple illegally interrogated staff about union, labour board judge rules

In a Tuesday decision, a National Labor Relations Board judge wrote that Apple violated the rights of employees at its World Trade Center store in New York City

Apple illegally interrogated staff about union, labour board judge rules
Updated On : 21 Jun 2023 | 9:07 AM IST

Microsoft, Activision CEOs to defend $69 billion deal in fight with FTC

Other top Microsoft executives, including Chief Financial Officer Amy Hood and Phil Spencer, who heads Microsoft Gaming, are expected to take the witness stand

Microsoft, Activision CEOs to defend $69 billion deal in fight with FTC
Updated On : 21 Jun 2023 | 8:57 AM IST

JPMorgan Chase cuts nearly 20 Asia dealmaking jobs in new layoff round

The moves add to a February round of cuts that affected about 30 investment bankers in Asia, and followed similar moves by Goldman Sachs Group Inc. and Citigroup Inc. last week

JPMorgan Chase cuts nearly 20 Asia dealmaking jobs in new layoff round
Updated On : 21 Jun 2023 | 8:41 AM IST

US and India need to deal with their trust issues, not just interests

In practice, however, values do matter. Having a shared set of organising principles allows governments to trust one another - and thus to make deals that last

US and India need to deal with their trust issues, not just interests
Updated On : 21 Jun 2023 | 7:52 AM IST

Twitter employees sue company, claiming it refuses to pay 2022 bonuses

Twitter refused to pay employees who remained employed by the company in the first quarter of 2023 any bonus, the employees said

Twitter employees sue company, claiming it refuses to pay 2022 bonuses
Updated On : 21 Jun 2023 | 7:43 AM IST

Up almost 32% since listing, Mankind Pharma draws rush of 'buys'

The company's stock has surged more than 60 per cent since listing, driving its market value to about $8.5 billion

Up almost 32% since listing, Mankind Pharma draws rush of 'buys'
Updated On : 20 Jun 2023 | 11:35 PM IST

Global chip race touches off spending spree, led by Intel's $50 bn campaign

Combined, the US, the European Union, Japan and India have committed more than $100 billion in subsidies to attract the likes of Intel, Taiwan Semiconductor Manufacturing Co. and Micron Technology Inc

Global chip race touches off spending spree, led by Intel's $50 bn campaign
Updated On : 20 Jun 2023 | 11:26 PM IST

Elon Musk meeting on PM Modi's US agenda as India seeks Tesla factory

The meeting, which will potentially include more than 20 other high-profile individuals, is expected to take place early evening in New York, the person said

Elon Musk meeting on PM Modi's US agenda as India seeks Tesla factory
Updated On : 20 Jun 2023 | 11:21 PM IST

Amazon to overtake Walmart in beauty by 2025, says Morgan Stanley

Morgan Stanley projects that Amazon will become the biggest player in beauty

Amazon to overtake Walmart in beauty by 2025, says Morgan Stanley
Updated On : 20 Jun 2023 | 11:27 PM IST

New crypto exchange backed by Citadel Securities, Fidelity goes live

A new crypto exchange backed by firms including Citadel Securities, Fidelity Digital Assets and Charles Schwab Corp. said it's gone live, a move that could reshape the digital-asset landscape

New crypto exchange backed by Citadel Securities, Fidelity goes live
Updated On : 20 Jun 2023 | 10:56 PM IST

Race against time to rescue titans in missing Titanic submersible

A C-130 plane with radar capability was dispatched to search the area Sunday, and was joined Monday by a Canadian P-8 Poseidon, an aircraft designed for anti-submarine warfare.

Race against time to rescue titans in missing Titanic submersible
Updated On : 20 Jun 2023 | 10:49 PM IST

PM Modi looks to solidify India's tech prowess with US state visit

The trip will be a high-profile affair, complete with a banquet at the White House and an address to the US Congress, making Modi first Indian PM to speak in front of legislature twice

PM Modi looks to solidify India's tech prowess with US state visit
Updated On : 20 Jun 2023 | 7:20 PM IST

Google scouts for suppliers to move some Pixel production to India

PM Modi has been pitching India as an alternative manufacturing hub, as more companies are becoming wary of the risks of depending on China after its harsh Covid lockdowns

Google scouts for suppliers to move some Pixel production to India
Updated On : 20 Jun 2023 | 1:54 PM IST

Carlos Ghosn sues Nissan, connected individuals over his 2018 ouster

The arrest of Ghosn, 69, sent shockwaves through the global auto industry and unleashed turmoil within Nissan that continues to this day

Carlos Ghosn sues Nissan, connected individuals over his 2018 ouster
Updated On : 20 Jun 2023 | 1:47 PM IST

Infy co-founder Nandan Nilekani donates $38.5 mn to alma mater IIT Bombay

Nilekani, who shot to prominence after founding the IT services pioneer Infosys, in 1973 joined what's become known as the country's pre-eminent engineering and technology learning institution

Infy co-founder Nandan Nilekani donates $38.5 mn to alma mater IIT Bombay
Updated On : 20 Jun 2023 | 12:19 PM IST

Alibaba names Joseph Tsai chairman, Eddie Wu CEO in a surprise shake-up

Zhang's shock departure comes after Alibaba announced a six-way restructuring to try and juice growth and create a family of standalone leaders in businesses from cloud computing and logistics

Alibaba names Joseph Tsai chairman, Eddie Wu CEO in a surprise shake-up
Updated On : 20 Jun 2023 | 10:51 AM IST

Singapore ranked the most expensive city in the world for luxury living

Asia remained the most costly region for luxury living for the fourth straight year

Singapore ranked the most expensive city in the world for luxury living
Updated On : 20 Jun 2023 | 9:42 AM IST