Page 416 - Bloomberg

Tech sector H-1B workers' spouses can continue to work in US, says judge

The ability of H-1B holders' spouses to also get jobs in the US has been a major attraction for highly skilled foreign workers, the tech companies have argued

Adani group pulls back on grand ambitions after the Hindenburg bombshell

It's also dialling back on ambitions to dive further into aluminium, steel and road projects, said people

Biden's World Bank pick, Banga poised to win job as sole expected nominee

The former Mastercard Inc. chief executive was tapped by President Joe Biden last month after current president David Malpass announced plans to step down almost a year early

Sugar getting even pricier now poses new threat to global food inflation

Prices of refined sugar surged to the highest in more than a decade this week, while the raw variety is near to the costliest in over six years

WWDC 2023: Apple may debut mixed-reality headset at developers conference

This year's conference will be held as an "all-day experience" at headquarters in Cupertino, California

Pause AI systems, they are a risk to society: Elon Musk, experts

Prominent figures in the tech community, including Elon Musk and Apple co-founder Steve Wozniak, were listed among the signatories

Healthy kids, adolescents may no longer need Covid shots, says WHO

Older people and higher-risk groups - including those with underlying conditions - should get Covid boosters between six and 12 months after their last injections

Government asks state-run banks to conduct more robust stress tests

The matter was reviewed at a March 25 meeting of the bank leaders with Finance Minister Nirmala Sitharaman, who met to discuss progress of a reform agenda for the lenders

Recommendations to voting: Blue tick shake-up at Elon Musk's Twitter

The move may impact independent journalists and other peripheral voices most heavily, running counter to Musk's professed goal of trying to ensure free speech on Twitter

Alibaba splits into six units, plans new IPOs in historic overhaul

The move frees up the Chinese company's main divisions from e-commerce and media to the cloud to operate with far more autonomy, laying the foundation for future spinoffs and market debuts

AI search startup 'Perplexity' raises $26 mn to offer rival to Google

Perplexity is part of a growing wave of startups seeking to use AI to loosen Google's hold on online search. Among its investors are a striking number of Google's own AI researchers

First Solar, Reliance, Avaada Group among winners of $2.4 bn green aid

The 39.6 gigawatts of manufacturing capacity is expected to require investment of 930.4 billion rupees, according to a government statement

European Union takes key step toward ending era of combustion-engine cars

The last-minute deal is a concession to high-end sports car brands like Germany's Porsche, but is expected to have little effect on the plans of most major manufacturers.

Adidas, Beyonce end partnership amid slow sales, says WSJ report

Beyonce on Friday introduced a separate collection in a partnership with French fashion house Balmain

First Solar, Avaada among winners of India's $2.4 billion green stimulus

Avaada Group, backed by Thailand's oil and gas major PTT Pcl, was also awarded a grant, according to its chairman, Vineet Mittal

RBI likely to hike rates by 25 basis points next week, says economist

RBI has raised the policy rate by 250 bps since May 2022 to 6.5%, making it the most aggressive policy tightening cycle in a decade

India's $1 trillion sovereign bond market sees rising clout of insurers

Their growing footprint mean that the state will be less reliant on banks over time, while reducing anxiety among traders over how Modi's infrastructure-building spree will be funded

Walt Disney begins job cuts with goal of eliminating 7,000 positions

The cuts are expected to fall on all parts of the company, including theme parks and the ESPN sports networks

Why disqualifying Congress leader Rahul Gandhi doesn't help PM Modi

In other words, no council of BJP elders appears to have met in New Delhi last week and decided Gandhi had become so great of a threat that he needed to be driven out of Parliament

Crypto exchange Binance, its CEO sued by CFTC over US regulatory violations

Binance Holdings is the world's largest cryptocurrency exchange