Page 386 - Bloomberg

Evacuations begin as 'extremely severe' cyclone heads for India, Pakistan

The region has been witnessing extreme weather events, with scientists blaming climate change for a rise in the frequency of cyclones, heat waves, floods and droughts

Samsung ex-exec tried to set up semiconductor plant in China. It was a copy

Prosecutors said in a statement Monday they arrested a 65-year-old accused of stealing trade secrets from 2018 to 2019 to reproduce a chip plant in the northern city of Xi'an

UBS Group completes takeover of Credit Suisse to create bank titan

The Swiss bank announced the closing of the deal in an open letter in local and international newspapers on Monday. The takeover of Credit Suisse ends the lender's 167-year independent existence

China tells last Indian journalist in country to leave by this month

India's Foreign Ministry said earlier this month that Chinese reporters had been operating in the South Asian country without any difficulty, but this was not the case for Indian journalists in China

Here's how 'overpriced' Apple Vision Pro could save its VR competitors

With Apple giving rivals a template for how a mixed-reality headset should work, and by providing vendors a guide for making the parts required, the entire industry will get a boost

Quality check: India needs to restore faith in the 'world's pharmacy'

For more than a decade, it has been clear that too many medicine makers in India have not been doing their duty by their customers, here and abroad

'Decade of emerging markets' may be about to regain traction as rates peak

Developing-nation assets stand to finally take off in the second half, they say, as long as global interest rates peak, Chinese authorities prop up growth

As Fed Reserve signals rate pause, Powell will have to placate hawks

Policymakers are expected to leave rates in a range of 5% to 5.25% at their June 13-14 meeting, allowing them to take stock of the outlook following recent strains in the banking sector

There's more trouble coming for regional US banks: Soros Fund CEO

One further source of trouble for the industry will be commercial real estate, an area that in recent years smaller and regional banks have become a bigger force in

OpenAI's CEO Sam Altman calls on China to help shape AI safety guidelines

China has some of the best AI talent in the world and fundamentally, given the difficulties in solving alignment for advanced AI systems, this requires the best minds from around the world: Altman

Credit Suisse loses three more investment bankers to Banco Santander

The three are among at least 11 investment bankers reported by Bloomberg News this week to have left the storied Swiss lender for other banks with the completion of its merger with UBS Group AG loomin

Donald Trump tried to hide documents, share secrets, alleges indictment

Trump said as president he could have declassified the document he was showing to others

Documents in Trump's indictment were among US's most closely guarded

The indictment, which outlines 37 counts including willful retention of defense information, shows through photos, witness testimony and other evidence

Elon Musk says Twitter transparency builds trust. It's all talk no action

Before Musk took over, Twitter had actively helped researchers obtain data that let them study how information flowed around the network, how social media shapes people's views

LinkedIn bets on skills over degrees as future labour market's currency

While over 80% of employers believe they should hire based on skills rather than degrees, more than half say they are still hiring college grads because it feels less risky

India planning fewer annual GDP estimates to avoid confusing markets

The proposal is being discussed between the ministries of statistics and finance as well as top officials from Prime Minister Narendra Modi's government

Ex-Pakistan PM Imran faces isolation as defectors form new political party

Jahangir Khan Tareen, one of Khan's closest aides, will lead the Istehkam-e-Pakistan Party, he announced at a news conference

RBI needs monsoon to deliver before weighing rate cuts in next MPC meet

The weather announcement on Thursday provided some relief to the rate-setters and millions of farmers across India, but the concerns are not quite over

Here's how climate change is fueling wildfires in the US and Canada

The fires sending smoke across North America are part of a global trend toward more frequent and more destructive blazes, says Thomas Smith of the London School of Economics

Expansion plan for one of world's biggest coal mines challenged in India

Protests against plans for the Gevra site in the eastern province of Chhattisgarh threaten to complicate Coal India Ltd's ability to win approvals to expand annual capacity to 70 million tons