Page 394 - Bloomberg

Harvard defends diversity in education after defeat in Supreme Court

Gay, who's currently Dean, Faculty of Arts and Sciences and will be the school's first Black president, said in a separate message that today is a hard day

Artificial intelligence: Why India risks falling behind in the tech race

India's startup landscape is caught in a time warp, with embarrassed investors marking down their stakes in Byju's, an online education company collapsing under the weight of its own reckless growth

Will the Titanic sub disaster tank the submersible tourism industry?

They use propellers to drive the vessel under water, rather than having to fall like a rock and using ballast tanks for stabilization, as with the Titan

PM Modi pitches India to investors in meeting with Goldman Sachs board

The 12-member Goldman board is visiting India for its first meeting in the South Asia nation in more than a decade

Russia's Wagner mutiny weakened Vladimir Putin, but not his ruling system

Russia under Putin's leadership is easy to see as a personalist dictatorship. The president has almost unlimited powers under Russia's much-rewritten, much-abused constitution

Pak should break addiction to IMF bailouts, use crisis as an opportunity

The IMF's bailout package - the 23rd for Pakistan since its independence in 1947 - was suspended in November 2022 because the government had not acted on the IMF's conditions for the loan

2% inflation far: Jerome Powell signals two straight interest rates hikes

Lagarde also talks tough, says not seeing enough sign of drop in inflation

Kempner reviews $250 million loan to edtech firm Byju's amid crises

The firm is reviewing its lending decision after the company lost its auditor and three board members in the same week

Turmoil at Byju's highlights hurdles for India's startup ecosystem

Already stuck in a 15-month funding slump, India's young companies are in danger of becoming collateral damage to the country's highest-profile startup crisis in years

Adani Enterprises, Green see $900 mn of block trades, sparks speculation

The flagship of Indian billionaire Gautam Adani saw 18 million shares traded in a single block Wednesday, or about 1.6% of its outstanding stock, according to data compiled by Bloomberg

Xi Jinping vows to protect foreign investors ramps up charm offensive

'Development is the top priority of the Communist Party of China in governing and rejuvenating the country,' Xi told New Zealand Prime Minister Chris Hipkins

UBS preparing to cut over half of Credit Suisse's workforce after takeover

Bankers, traders and support staff in Credit Suisse's investment bank in London, New York, and in some parts of Asia are expected to bear the brunt of the cuts

Titan submersible disaster probes face tricky test of criminal liability

The US Coast Guard announced that it will pursue its highest level of investigation after a search and rescue mission turned up debris of the submersible on the ocean floor near the Titanic wreck

China's new obsession: Luring billionaires to catch US titans in AI race

Billionaire entrepreneurs, mid-level engineers and veterans of foreign firms alike now harbor a remarkably consistent ambition: to outdo China's geopolitical rival in a technology

Can India continue with purchasing spree of Russian oil as discounts narrow

The shift to date has suited the Kremlin, looking for new markets as Western buyers and established oil traders pull back. It's worked for India too, eager to snap up cheaper fuel

Vedanta Resources deepens tech push with $4 billion India display factory

Anil Agarwal's metals and mining conglomerate is expanding in electronics components to take advantage of India's push to become a technology manufacturing hub

Bernstein downgrades Alphabet, warns it's moving 'too fast' in AI

Shares fell 1.5 per cent after the cut to market perform from outperform. The stock is on track for its sixth negative session of the past seven, though it remains up over 30 per cent this year

'You effectively stopped a civil war,' Vladimir Putin hails armed forces

Russia drops criminal case against Wagner leader, but his future still uncertain

Bitcoin nears 1-year high as Fidelity reportedly eyes exchange-traded fund

This is Fidelity's second attempt for a Bitcoin ETF

Putin blasts Wagner traitors in speech as Prigozhin defends revolt

Putin spoke hours after Prigozhin denied that his march on the capital was a coup attempt and said he'd keep his mercenary company going despite official efforts to shut it down