Bloomberg
Bloomberg
Page 395 - Bloomberg
HSBC Holdings' shareholders dismiss call for strategy, dividend switch
About a fifth of voting investors backed the call for HSBC to report regularly on the possibility of carving out its Asian unit, while 19.2% supported lifting its dividend to its pre-pandemic level
 "HSBC Holdings' shareholders dismiss call for strategy, dividend switch")
Defence firm Thales faces French bribery probe over India Mirage deal
A preliminary investigation has been opened into allegations by Sanjay Bhandari, who said in a court case that he served as a middleman to help Thales win the contract
 "Defence firm Thales faces French bribery probe over India Mirage deal")
DBS Group Holdings hit by more capital minimums after unacceptable outage
A disruption in DBS' digital systems Friday saw retail customers face difficulties performing banking and payment services through its apps and websites
 "DBS Group Holdings hit by more capital minimums after unacceptable outage")
Saudi Arabia cuts oil prices in Asia markets as energy market weakens
Aramco sells about 60% of its crude shipments to Asia, most of them under long-term contracts, pricing for which is reviewed each month
 "Saudi Arabia cuts oil prices in Asia markets as energy market weakens")
Coal to dominate India power mix until 2030 despite record renewables push
Modi's administration has previously opposed international efforts to set firm deadlines to phase out the use of coal and envisages a key role for the fuel for decades to come
 "Coal to dominate India power mix until 2030 despite record renewables push")
Why Britain should tackle urgent challenges instead of reenacting its past
Child poverty is rising and life expectancy is slowing down while corruption scandals engulf the ruling Conservative Party
 "Why Britain should tackle urgent challenges instead of reenacting its past")
King Charles' coronation: Rising popularity can't mask monarchy's problems
Less than one-third of people aged 18 to 24 favor keeping the monarchy, about half as many in that age group as did 10 years ago
 "King Charles' coronation: Rising popularity can't mask monarchy's problems")
Google reveals new foldable Pixel phone, to release details on May 10
The move signals that Google is getting more serious about competing with Samsung and Apple Inc in smartphones
 "Google reveals new foldable Pixel phone, to release details on May 10")
Google behind in AI race, open-source communities a threat: Senior engineer
"Real threat to Google is coming from open-source communities, where engineers are speedily advancing models that rival the quality of those at big tech companies, and can be made more cheaply"
 "Google behind in AI race, open-source communities a threat: Senior engineer")
Tim Cook sees India at 'tipping point' for Apple as China pivot quickens
"The dynamism in the market. The vibrancy is unbelievable," said Cook on Indian market for Apple
 "Tim Cook sees India at 'tipping point' for Apple as China pivot quickens")
Apple's iPhone bounces back from slump, helping sales top estimates
The results suggest that Apple is beginning to recover from a slump that's plagued both the computer and smartphone industries
 "Apple's iPhone bounces back from slump, helping sales top estimates")
Khosla warns against slowing US AI research, cites China threat
Khosla believes that the country that dominates in AI will vastly increase its global influence
 "Khosla warns against slowing US AI research, cites China threat")
Adidas facing investor unrest after yeezy crisis along with poor sales
Adidas's shares plunged 64% through Nov. 3 of last year amid repeated profit warnings and personnel problems
 "Adidas facing investor unrest after yeezy crisis along with poor sales")
China takes the yuan global in a bid to repel a weaponised dollar
Antagonism has flared between the two economic titans over issues ranging from trade and Taiwan to TikTok and technological know-how
 "China takes the yuan global in a bid to repel a weaponised dollar")
Microsoft's Bing AI chatbot will let you post images, ask questions
Microsoft upended the search market in February when it unveiled a complete overhaul of Bing, incorporating OpenAI's ChatGPT, and offering the possibility of renewed competition in a market
 "Microsoft's Bing AI chatbot will let you post images, ask questions")
UK antitrust watchdog launches review into the development of AI
Expansion in the capabilities of AI, seen in products like OpenAI's ChatGPT, has driven tech companies to accelerate investment into the sector
 "UK antitrust watchdog launches review into the development of AI")
J&J, cancer victims ordered to start settlement talks in bankruptcy
A federal judge ordered a new round of settlement talks between Johnson & Johnson and lawyers who spurned the company's offer to pay $8.9 billion to end tens of thousands of cancer claims
 "J&J, cancer victims ordered to start settlement talks in bankruptcy")
China takes yuan global in bid to repel weaponised dollar's impact on money
Antagonism has flared between the two economic titans over issues ranging from trade and Taiwan to TikTok and technological know-how
 "China takes yuan global in bid to repel weaponised dollar's impact on money")
EV ride-hailing startup BluSmart Mobility raises $42 mn from BP, others
Investors include BP Ventures, the investment arm of energy giant BP Plc that holds 20% equity
 "EV ride-hailing startup BluSmart Mobility raises $42 mn from BP, others")
Pratt & Whitney's engine woes cost Go Air 47 years worth of flying time
Go Airlines was re-branded Go First ahead of a planned 36 billion rupee ($440 million) initial share sale last year
 "Pratt & Whitney's engine woes cost Go Air 47 years worth of flying time")
