Page 407 - Bloomberg

NTPC to build more coal plants this year to meet soaring power demand

The projects underscore how even as India sets ambitious long-term decarbonization targets, in the near term it will continue to rely on the dirtiest fossil fuel to meet rapidly growing power demand

US embarrassed after 21-year-old arrested in classified documents leak

As Pentagon jobs go, Teixeira's was pretty junior and his job description says workers like him "keep our communications systems up and running and play an integral role in our continuing success"

China left out of Sri Lanka debt restructure talks amid angst over delays

Both Sri Lanka and its creditors have said they would like China to participate but people familiar with the talks said they are also eager not to let Beijing hold up negotiations any further

Google's monopoly delayed innovations like AI-based ChatGPT, DOJ says

Google has asked Mehta to throw out two antitrust cases brought by the Justice Department and state attorneys general before a scheduled trial in September

Murdoch, Fox face $1.6 bn trial over 2020 election as Trump surges

Jury selection in the Delaware state court starts Thursday, and a verdict could be costly

Amazon.com Inc joins generative AI race, targets cloud customers

Amazon announced no plans to release a chatbot like the ones Microsoft and Google have debuted to mixed reviews

JP Morgan says Frank's Javice moved millions to a shell company: Report

JPMorgan claimed in its December suit that Javice and another Frank executive faked data greatly inflating Frank's customer count to mislead the bank into buying her company for $175 million in 2021

Condemned for 'Putinflation' abroad, Russia sees prices cool: Report

On an annual basis, Russian inflation reached 3.5 per cent in March from almost 11 per cent in the previous month

LVMH breaks into world's top 10 as market value nears $500 billion

A first-quarter sales beat sparked a 5% increase in the share price Thursday, giving the luxury powerhouse a 29% rally for the year

Xi Jinping pivot fails to stop exodus by leading investors in China tech

SoftBank Group is preparing to hasten its exit from Alibaba Group Holding Ltd. - the e-commerce leader that made Masayoshi Son's name

Softbank moves to slash Alibaba stake fueling a $13 billion slump

The contracts give SoftBank the option to buy the shares back, but the group has settled previous deals by handing over the stock

JPMorgan has made deep cuts to metals' business after nickel crisis

While the review is ongoing, JPMorgan has already scaled back its base metals business substantially, according to people familiar with the matter

US unemployment claims increase to 239,000, led by jump in California

Initial unemployment claims rose by 11,000 to 239,000 in the week ended April 8, Labor Department data showed Thursday

International Monetary Fund can help developing nations by helping planet

Tackling the issue requires a long-term vision for sovereign financing to achieve greater stability and resilience in developing economies

Amazon CEO Jassy pledges to keep investing in big bets amid cost cuts

The missive coincides with a period of rolling layoffs at the Seattle-based company, as executives seek to cut costs and wind down marginal or unprofitable projects

Battery vs hydrogen trucks: Race to clean up emissions is just starting

While hydrogen trucks offer long driving range and quick refueling, only a few very expensive models are on the market. Battery-electric rigs are relatively cheaper and more widely available

HSBC's London office shortlist includes former Goldman Sachs headquarters

The shortlist has not yet been finalized and HSBC may also choose to stay at its existing HQ and carry out a refurbishment while remaining in occupation, sources said

HSBC planning to add 30 private bankers in fresh India wealth push

HSBC's plans reflect an increasing competition to manage the growing wealth in India among both global and local firms, which has enticed the London-based bank

NTPC mulls fresh offers for stake in green unit after top bidder pulls out

The fiscal year ended in March was expected to be a significant milestone for NTPC Green, the face of transition for the country's biggest coal consumer

Apple triples India iPhone output to $7 bn in FY23 in China shift

Apple will likely try to manufacture the next iPhones in India at the same time as in China, sometime in the fall of 2023