Bloomberg
Bloomberg
Page 409 - Bloomberg
Indian Rare-Earths eyes 400% expansion for clean energy transition
State-owned IREL (India) Ltd. aims to mine 50 million tonnes a year of rare-earths bearing ore by end-2032, up from 10 million tonnes now
 "Indian Rare-Earths eyes 400% expansion for clean energy transition")
Billionaire Shapoor Mistry's SP group weighs $2 billion asset sales: Report
The company is working with an adviser to seek buyer for its holdings in Afcons Infrastructure Ltd., a Mumbai-based infrastructure construction company, the people said
 "Billionaire Shapoor Mistry's SP group weighs $2 billion asset sales: Report")
J&J unit says cancer victims who won't settle seek to block $8.9 bn deal
LTL has the backing of 60,000 victims, or about two thirds of all claimants, lawyer Gregory M. Gordon said in federal court on Tuesday
 "J&J unit says cancer victims who won't settle seek to block $8.9 bn deal")
OpenAI will pay people to highlight vulnerabilities in bot ChatGPT
The AI company wrote in a blog post on Tuesday that it has rolled out bug bounty program through which people can report weaknesses, bugs or or security problems they find while using its AI products
 "OpenAI will pay people to highlight vulnerabilities in bot ChatGPT")
'World economy has improved': Janet Yellen plays down banking woes
The Treasury head is scheduled to take questions from the media following her remarks, which come at the beginning of the World Bank and International Monetary Fund's spring meetings
 "'World economy has improved': Janet Yellen plays down banking woes")
Tim Cook to visit India next week for the country's first Apple store
The two stores have been a long time in the making as India's strict rules forbid global brands from opening own-brand outlets unless they source a significant portion of the goods from within country
 "Tim Cook to visit India next week for the country's first Apple store")
Bank of America clients withdraw $2.3 bn from US stocks of all sizes
That was the second consecutive week of outflows, BofA strategists led by Jill Carey Hall wrote in a note Tuesday
 "Bank of America clients withdraw $2.3 bn from US stocks of all sizes")
Russia's flagship oil is moving ever closer to $60 per barrel cap
The price of Russia's flagship Urals crude at the point of export is getting closer to the $60 limit, data from Argus Media Ltd. show
 "Russia's flagship oil is moving ever closer to $60 per barrel cap")
IMF warns it's too soon to sound all-clear on global financial turmoil
While forceful actions by policymakers to a series of bank collapses have reduced investor anxiety, the financial markets remain fragile and stressed, the IMF said
 "IMF warns it's too soon to sound all-clear on global financial turmoil")
YouTube gives its own TV customers $100 break on NFL's Sunday ticket
After a promotional period expires on June 6, the 2023 season of the Sunday Ticket will cost $349 to $449, the company said Tuesday, again with YouTube TV subscribers getting the lower price
 "YouTube gives its own TV customers $100 break on NFL's Sunday ticket")
Airbus first-quarter deliveries drop as supply woes extend into new year
Deliveries totaled 61 aircraft in March, the world's biggest planemaker said Tuesday
Airbus first-quarter deliveries drop as supply woes extend into new year
Deliveries totaled 61 aircraft in March, the world's biggest planemaker said Tuesday
Airbus first-quarter deliveries drop as supply woes extend into new year
Deliveries totaled 61 aircraft in March, the world's biggest planemaker said Tuesday
 "Airbus first-quarter deliveries drop as supply woes extend into new year")
Oil and Natural Gas Co to bet on deepwater oil as India seeks to cut import
India, with a fast-growing appetite for crude, is eager to reduce its fuel import bill and bolster energy security, and has encouraged companies like state-controlled ONGC to do more
 "Oil and Natural Gas Co to bet on deepwater oil as India seeks to cut import")
S Korea fines Google $32 mn for squeezing local rival in mobile app market
Google tried to block Korean platform rival One Store Co.'s growth, Korea's Fair Trade Commission said in an e-mailed statement Tuesday
 "S Korea fines Google $32 mn for squeezing local rival in mobile app market")
Hindenburg effect: Retail investors are snapping up Adani group's stocks
Adani Group has sold stakes and conducted road shows to calm investors since Hindenburg made allegations of accounting fraud and share price manipulation against the group
 "Hindenburg effect: Retail investors are snapping up Adani group's stocks")
Elizabeth Holmes loses bid to remain free during appeal for conviction
Legal experts said Holmes's bid to remain free during an appeals process that might take two years was a long shot
 "Elizabeth Holmes loses bid to remain free during appeal for conviction")
Cost of Iraqi oil to India drops as competition from Russia bites
The price of crude from Iraq averaged $76.19 a barrel, compared with $78.92 in January, according to data published by India's ministry of commerce and industry
 "Cost of Iraqi oil to India drops as competition from Russia bites")
China's weak inflation fuels calls for ease in policy to aid recovery
While the economy has been recovering post-Covid, the figures indicate domestic demand remains weak, giving authorities space to roll out more supportive policies
 "China's weak inflation fuels calls for ease in policy to aid recovery")
India's need for fossil fuel encouraging heatwaves that will cripple it
India's emissions are already on the brink of overtaking those from the European Union. By 2030, they'll account for more pollution than Europe and Japan put together
 "India's need for fossil fuel encouraging heatwaves that will cripple it")
