Page 390 - Bloomberg

India's diamond exports sluggish on weak US, China demand amid slowdown

India reported an almost 10% decline in cut and polished diamond exports to $22 billion in the financial year ended March

Nadella disputes Musk's claim, says Microsoft not controlling OpenAI

The Microsoft CEO said OpenAI's board was steering the ship, contradicting Musk, who pulled out of the startup years ago and has advocated slowing AI development over potential ethical concerns

India's LNG buyers set for deal-making rush in win for Modi's gas push

That should help reduce their exposure to the volatile spot market - where prices surged to a record last year and made the fuel too costly for many buyers

Stubborn funding squeeze risks derailing India's economic recovery

After a surge in recent weeks, the weighted average call rate which Reserve Bank of India closely monitors, has shot above its policy rate ceiling of 6.75%

Smaller firms can still compete in AI depending on product mkt fit: Nadella

Nadella pointed to search as an example of how AI has sparked fresh competition in a space dominated by Google's engine

China sees record-high youth unemployment rate at 20.4%, likely to worsen

The jobless rate for 16-to-24 year olds hit 20.4% last month, nearly four times the national rate, data from the National Bureau of Statistics showed Tuesday

Here's how much wealth you need to join the richest 1% across globe

Switzerland and Australia have the next highest entry points to the 1%, requiring net worth of $6.6 million and $5.5 million, respectively, according to data released Wednesday

Elizabeth Holmes loses final bid to stay out of prison in fraud conviction

Theranos Inc. founder will soon have to report to prison to begin her 11 1/4-year sentence after she was convicted by a jury last year of defrauding investors

Billion new ACs will save lives from soaring temps but will cook the planet

But expanding AC coverage too quickly also threatens to worsen the crisis it's responding to. Most units use a refrigerant that's far more damaging than carbon dioxide

Elon Musk criticises working from home as 'morally dubious practice'

Musk has been a strong advocate for return-to-office policies and issued an ultimatum to Tesla employees last summer, requiring employees to spend a minimum of 40 hours in the office per week

ServiceNow joins AI wave in partnership with Microsoft, OpenAI: Report

Most of the big technology companies have announced new AI features this year, many of which in partnerships with OpenAI

Global economy risks stalling as China, Germany juggernauts slow: Report

The latest data suggest that key parts of the upbeat case for a global pickup aren't working out as hoped

Alleged Russian hacker charged in $200 million ransomware spree: Report

Ransomware groups typically hack into computer networks and deploy malicious software that encrypts computers and makes them unusable

Death rate gap between Black, White Americans hits a 20-year high

Black people in the US saw more than 1.6 million excess deaths when compared to the country's White population over the last two decades

Warren Buffett's Berkshire reworks banking bets amid turmoil, exits TSMC

The conglomerate was a net seller of equities in the quarter, pocketing $10.4 billion from stock sales after deducting purchases

Twitter Inc, Saudi Arabia sued for allegedly helping to silence critics

The suit claims the Saudis have targeted numerous dissidents since the murder of Jamal Khashoggi

Big money rushes into carbon capture and storage. Can it deliver this time?

But after decades of failing to reach the scale needed to make a real difference, the people responsible for approving generous subsidies and directing billions in investment want proof

Credit Suisse deal set to face historic parliamentary probe in its collapse

The oversight committees of both houses voted in favor of installing a parliamentary inquiry commission, or PUK, on the sale of Credit Suisse announced in March

UK doesn't work for other global regulators, says Antitrust head Cardell

Sarah Cardell, the Competition and Markets Authority's chief executive officer, was asked by UK lawmakers how often the agency had been in discussions with the US Federal Trade Commission

Alphabet Inc adds $115 billion in value after defying AI doubters

With excitement around AI building, Alphabet had largely missed out on the stellar gains seen by many of its tech peers