Page 390 - Bloomberg

Excess of made-in-China plastic likely to dent oil's growth machine

The construction of more than 20 petrochemical projects - to produce raw materials that go into making everything from plastic packaging to clothing and detergents

US-China ties on 'surer footing' after critical trip, says Janet Yellen

Yellen's comments were delivered at a press conference capping a four-day visit to Beijing that she'd described as a mission to revive engagement between the two largest economies

China looms large as Asian leaders seek to enhance ties with NATO

Japan PM will use opportunity to stress the need for relations between Japan and the North Atlantic Treaty Organization to be stronger, Chief Cabinet Secretary Hirokazu Matsuno said

Jack Ma-backed Ant to buy back shares at 70% lower valuation than at IPO

The limited partners also committed to retaining the two dividends in 2022 with Hangzhou Junhan and Hangzhou Junao to enhance the operation's capital strength

Elon Musk claims lawyers overbilled in fight to make him buy Twitter

Wachtell Lipton Rosen & Katz, among most profitable firms in US, exploited a brief, vulnerable period just as Musk was closing $44 bn deal, according to complaint filed in San Francisco state court

Samsung reports worst decline in quarterly revenue in over a decade

The stock slid 2.4% in Seoul, the most in three months, after Samsung reported a larger-than-anticipated 22% decline in sales to 60 trillion won ($46 billion)

UBS Wealth boss Iqbal Khan pushes 'net new money' mantra in Asia tour

In at least his third visit to Asia in four months, Khan this week hosted evening receptions for hundreds of Credit Suisse and UBS wealth staff at the Hong Kong Convention and Exhibition Centre

Byju's crisis prompts top India VC firm Blume Ventures to shift strategy

Perceived corporate governance lapses are sending shockwaves through the South Asian nation's fledgling startup economy

A 445% price jump makes tomatoes more pricey than gasoline in India

Heavy rains in some growing areas and hotter-than normal temperatures last month hit output of the crop, causing a fivefold increase in prices this year

How Chinese scientists are trying to shield melting glaciers from the Sun

As they trekked upwards, oxygen canisters tucked into their fleece jackets, porters walked alongside carrying thick rolls of white fabric

Eisai Alzheimer's drug gets full US approval, widening access to therapy

The broader clearance from the Food and Drug Administration marks a milestone for treatment of the dementia that afflicts some 6 million Americans

AI seen fueling Microsoft to $3 trillion value in Morgan Stanley model

The analysts, led by Keith Weiss, named Microsoft their top pick among large cap software companies, and said that it is the best placed in the sector to benefit from the growth of AI

Can Nadella sell Cricket in US as Indian diaspora reaches critical mass?

And it's not just Indians. There are cricket-loving diasporas, too, from Pakistan, Bangladesh, the UK, Australia and Caribbean nations

India's campaign to internationalise rupee gets off to a slow start

The Reserve Bank of India has allowed more than a dozen banks to settle trades in rupees with 18 countries since last year and is encouraging big oil exporters to accept the Indian currency

Goldman Sachs sees markets consolidating in third quarter of 2023

Goldman retains its market weight stance and sees Nifty50 at 20,700 by June, implying 6.7 per cent gain since Thursday's close at a record high of 19,497 points

June this year warmest in past three decades globally, says report

Ocean temperatures also rose to their highest levels since at least 1991, making June the third consecutive month a new record has been created

UK PM Rishi Sunak taps Scholz to help delay EU's looming EV tariff

The UK has raised the issue directly with Berlin, one of the people said

'Socialist values' vow: Tesla, China rivals to end brutal EV price war

As early as March, some models made at Tesla's Shanghai plant were 14 per cent cheaper than in 2022

State Bank of India rejigs senior leadership roles to boost dominance

State Bank of India, the country's largest lender, is re-jigging its senior leadership positions with at least four key executives getting new roles, according to people familiar with the matter

Tata Group weighs buying Temasek Holdings' stake in Pay TV platform

Tata Group is contemplating whether to delay the planned Tata Play listing because of market conditions, the people said