Page 395 - Bloomberg

Billionaire Gautam Adani reiterates confidence in governance standards

The Adani Group chairman, commenting in the annual report of flagship firm Adani Enterprises Ltd. released on Tuesday, pointed to a submission last month by India's Supreme Court

India's June heat wave deaths likely just a foretaste of what is to come

The World Bank has flagged India is likely to be one of the first places in the world where heat waves breach the human survivability threshold

China bans negative finance writers from social media as stock market sinks

Wu Xiaobo and two other writers who weren't fully named 'attacked and undermined' Chinese policy and spread 'negative and harmful information,' according to a statement by Sina Corp.'s Weibo

Race to develop weight-loss pills has some drugmakers falling behind

Novo and Lilly's experimental obesity pills helped people lose about 15% of body weight, similar to weight-loss shots on the market already, according to findings presented

Ford to cut hundreds of US salaried workers to boost profit, lower costs

The automaker is cutting engineers in all three areas of its business, EVs, traditional internal combustion-engine models and commercial vehicles, said T.R. Reid, a company spokesman

Alibaba CEO Eddie Wu: Little-known coder to continue Jack Ma's legacy

The appointment of Eddie Wu Yongming to replace the affable Daniel Zhang surprised insiders, even though the 48-year-old computer scientist has been with Ma from Alibaba's humblest beginnings

New Zealand PM's plane so prone to breakdowns he took backup on China visit

New Zealand's aging air force fleet has a track record of stranding politicians due to mechanical problems

Japan to take over global leader in chipmaking compounds for $6 billion

The move could help Tokyo expand control over compounds essential for making advanced semiconductors

Billionaire James Crown dies in racetrack accident in Colorado at age 70

He was also the longest-serving board member of JPMorgan Chase & Co., having been a director for the bank or its predecessor firms going back to 1991

'RBI need not rush to ease rates unless certain of stable-low inflation'

Bhide's comments echo that of Governor Shaktikanta Das that a pivot can be considered when price-gains settle near the mid-point of its 2%-6% range on a durable basis

European natural gas prices rise as Russian mutiny adds to supply fear

The uncertainty of what could happen in the coming weeks within Russia itself, rather than within Ukraine, is pushing gas higher

China's economic recovery worsens with weak consumer spending data

Domestic travel spending during the recent holiday for the dragon-boat festival was lower than pre-pandemic levels, according to official data released this weekend

Rupee vs rupiah: In high-yield battle, Indian assets may beat Indonesia's

The highest bond yields among major Asian nations and a less volatile currency thanks to the central bank's intervention are burnishing the appeal of rupee assets

US unable to solve mystery of Covid-19 origin, shows declassified report

"When President Biden signed the Covid-19 Origin Act, he directed the intelligence community to use every tool at its disposal to investigate the origin of Covid-19," White House NSC spokesperson

Nvidia CEO Huang says chipmaker 'extremely likely' to invest in Europe

Nvidia's value has jumped as its graphics processors have become the most popular for data centers needed to power generative artificial intelligence

Eli Lilly's Mounjaro gives positive results in obese diabetic people

Diabetes occurs when the body loses the ability to control blood sugar, and it's one of the world's most common serious diseases

Goldman starts cutting number of MDs across the globe amid deals slump

The moves are part of a deep cost-savings drive at the bank, which has seen at least three rounds of job cuts in less than a year

Russia accuses Wagner Group chief Prigozhin of mounting an armed uprising

President Vladimir Putin was getting round-the-clock updates from security officials on their efforts to counter "the attempt at an armed mutiny" by Yevgeny Prigozhin

Unwanted space: World's empty office buildings have become a debt time bomb

The number of transactions is plunging-and when deals do happen, the price declines are stark

Consumer slowdown needed; risk of US recession down: Janet Yellen

"Inflation has really come down a lot - and there's more in the pipeline," Yellen predicted, partly due to an expected adjustment in the housing market