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Page 392 - Bloomberg

India wants to export green hydrogen abroad in bet on demand surge

Although India currently only boasts green-hydrogen research facilities - rather than production capability - PM Modi has set a goal to produce 5 million tons a year by the end of the decade

India wants to export green hydrogen abroad in bet on demand surge
Updated On : 05 Jul 2023 | 11:46 PM IST

India increases credit lending to Africa, in race to counter China

Forty two African nations received about $12 billion or 38% of all credit extended by India in the last decade

India increases credit lending to Africa, in race to counter China
Updated On : 05 Jul 2023 | 11:37 PM IST

Yellen's China visit seeks to usher in more discussions amid tensions

It will be the first major test of a policy she outlined in April that's geared toward defending and securing US national security without trying to hold China back economically

Yellen's China visit seeks to usher in more discussions amid tensions
Updated On : 05 Jul 2023 | 11:26 PM IST

Monday was the hottest day ever as global temperatures rise, shows data

The average worldwide temperature was 17C (63F), just above the previous record of 16.9C reached in August 2016, according to data from the National Centers for Environmental Prediction

Monday was the hottest day ever as global temperatures rise, shows data
Updated On : 05 Jul 2023 | 10:14 AM IST

ONGC Videsh reconsiders its plan to buy stake in Kenya oil project

The Indian oil company needs more clarity after TotalEnergies SE and Africa Oil Corp. quit the Kenya consortium several weeks ago, an ONGC executive, who asked not to be named

ONGC Videsh reconsiders its plan to buy stake in Kenya oil project
Updated On : 05 Jul 2023 | 10:03 AM IST

Hong Kong's reopening brings scant gains for financial hub despite push

Hong Kong, led by former policeman and now Chief Executive John Lee, has been pushing hard to revive the city's reputation with high-level events

Hong Kong's reopening brings scant gains for financial hub despite push
Updated On : 05 Jul 2023 | 9:46 AM IST

Twitter rival Threads hasn't appeared in EU app stores ahead of launch

App stores in some European Union countries, including Germany and Belgium, weren't displaying Threads as of late Tuesday

Twitter rival Threads hasn't appeared in EU app stores ahead of launch
Updated On : 05 Jul 2023 | 9:35 AM IST

Central banks set to diverge on rates as stubborn inflation stalks Fed, ECB

With another hike in interest rates anticipated by the Federal Reserve and the European Central Bank for July, and some peers on a similar track

Central banks set to diverge on rates as stubborn inflation stalks Fed, ECB
Updated On : 05 Jul 2023 | 9:05 AM IST

Xi Jinping urges open supply chains after curbing exports of key metals

The world's No. 2 economy wants to work with nations to reject the moves of setting up barriers, decoupling and severing supply chains," Xi said in a virtual speech

Xi Jinping urges open supply chains after curbing exports of key metals
Updated On : 05 Jul 2023 | 8:53 AM IST

US to curb China's access to Cloud services like Amazon, says report

Washington is considering requiring cloud providers to seek government permission before serving Chinese firms

US to curb China's access to Cloud services like Amazon, says report
Updated On : 04 Jul 2023 | 10:58 PM IST

Meta loses EU court fight over German antitrust crackdown on data

The EU's Court of Justice ruled that Germany's Federal Cartel Office didn't overstep its powers in 2019 when it ordered Facebook to overhaul how it tracks its users' internet browsing

Meta loses EU court fight over German antitrust crackdown on data
Updated On : 04 Jul 2023 | 10:09 PM IST

Apple infringed essential mobile technology patents, UK court rules

Apple had previously argued that the relevant technology was not used in the UK, according to the judgment

Apple infringed essential mobile technology patents, UK court rules
Updated On : 04 Jul 2023 | 7:41 PM IST

Power sector lender REC set to raise $1 bn via loans to fund infra projects

The state-owned company's fundraising via external commercial borrowing is split in two tranches, with the first expected to close this month amounting to $505 million

Power sector lender REC set to raise $1 bn via loans to fund infra projects
Updated On : 04 Jul 2023 | 6:16 PM IST

Google to hire ex- Apple exec as India policy head to tackle challenges

Sreenivasa Reddy, currently a senior engineering executive at Microsoft Corp., is likely to join Google toward the end of this year, people familiar with the matter said

Google to hire ex- Apple exec as India policy head to tackle challenges
Updated On : 04 Jul 2023 | 2:51 PM IST

Mankind Pharma's success boosts hopes of more consumer IPOs in India

The company, which raised Rs 4,330 crore ($528 million) in India's second-largest new share sale this year, has seen its shares jump 57% in almost two months, drawing a rush of buy calls from analysts

Mankind Pharma's success boosts hopes of more consumer IPOs in India
Updated On : 04 Jul 2023 | 8:35 AM IST

SpiceJet most delayed Indian airline as travel season takes a toll

With the busy summer travel season arriving, only 61% of SpiceJet's flights departed on time from the country's four biggest airports - Mumbai, Delhi, Bengaluru and Hyderabad - in May

SpiceJet most delayed Indian airline as travel season takes a toll
Updated On : 04 Jul 2023 | 8:40 AM IST

Global supplies of sugar, rice at risk from Thai drought that can last yrs

Rainfall across the nation may be as much as 10% below average this monsoon season, and the onset of the El Niño weather pattern could lower precipitation even further over the next two years

Global supplies of sugar, rice at risk from Thai drought that can last yrs
Updated On : 04 Jul 2023 | 8:18 AM IST

India shows US how not to do affirmative action after court's judgement

Many Indian Americans, who feel that they - like others of Asian descent - have an unfairly hard time getting into elite universities, seem to be doubly irate at any echo of the system

India shows US how not to do affirmative action after court's judgement
Updated On : 04 Jul 2023 | 8:09 AM IST

Musk, Zuckerberg lead a $852 billion surge among world's richest people

Each member of the Bloomberg Billionaires Index made an average of $14 million per day over the past six months, according to data compiled by Bloomberg

Musk, Zuckerberg lead a $852 billion surge among world's richest people
Updated On : 04 Jul 2023 | 7:44 AM IST

Before cage match, Zuckerberg's Twitter rival Threads to enter the ring

With the launch, Meta is seeking to take advantage Twitter's problems since the social media service was taken over last year by Elon Musk

Before cage match, Zuckerberg's Twitter rival Threads to enter the ring
Updated On : 04 Jul 2023 | 7:41 AM IST