Page 422 - Bloomberg

Twitter, YouTube, Insta among sites to face scrutiny under new EU rules

Twitter, Alphabet's YouTube and Google Shopping, and Meta Platform's Facebook and Instagram, as well as TikTok and Snapchat, will be required to meet the additional requirements

Inventor of blue jeans Levi Strauss & Co channels a new water-saving idea

As part of a wider water-saving effort, the San Francisco-based company, which invented blue jeans in 1873, has become an early pioneer of a method known drily as "contextual water targets"

Low-cost airline kingpin Tony Fernandes prepares for life after Air Asia

One of the best-known names in global aviation is preparing to step back from the front lines

Vodafone's top backer e& discusses board changes and ups stake

he Abu Dhabi-based company, which is majority owned by the United Arab Emirates's sovereign wealth fund, now owns 14.6% of Vodafone, up from 14%

India renews push for easier visa regulations for Its companies in UK

Indian companies are the second biggest foreign investors in UK, data shows, adding weight to New Delhi's push for hiring flexibility for its businesses

US President Joe Biden launches 2024 reelection bid in a promotional video

Already the oldest person ever elected US president, Biden would be 86 at the end of a second term and faces intense scrutiny about his fitness to serve another four years in the White House

BRICS draws membership bids from 19 countries before annual summit

The emerging-markets bloc of Brazil, Russia, India, China and South Africa will meet in Cape Town on June 2-3 to discuss its enlargement, Anil Sooklal, South Africa's ambassador to the group, said

Xis effort to counter US narrative falters after China envoy angers Europe

In a statement Monday night, the Chinese embassy in Paris said that Lu gave "an expression of personal points of view" that shouldn't be "over-interpreted"

Emerging markets have an edge over mature markets, says BlackRock

The world's biggest money manager favors stocks and bonds from the developing world over those from mature economies in the short term

Google, Meta, other Big Tech cos face UK crackdown as govt unveils new law

A new Digital Markets Unit in the nation's antitrust regulator will have powers imposing additional obligations on some of Silicon Valley's biggest companies

Can India realise its demographic dividend & outperform an ageing China?

In a world-historical shift, India is surpassing China to become the world's most populous country. But the question often heard in recent days - whether India can realize its demographic dividend?

Billionaire Hindujas' truce in doubt as lawyers say rift remains

The Hindujas last year had agreed to slam the brakes on copious litigation across Europe, putting on hold a feud that was tearing apart the once tightly knit British-Indian group

Eye on China: Australia plans biggest defence shake-up since World War II

Australia's military is not "fit for purpose" as it currently stands, the Defence Strategic Review released on Monday found

Gaining momentum: World military spend hits all-time high of $2.24 trillion

Defense expenditure increased by 3.7 per cent in real terms to reach a record high of $2.24 trillion in 2022, said the Stockholm International Peace Research Institute

India and China need to prepare for ageing populations, says UN

The UN estimates that by 2040, people 65 or over in China will outnumber those under age 25. By 2050 they could comprise 30% of the total population

Credit Suisse saw $69 billion of outflows before UBS takeover

The Swiss bank lost more than 200 billion francs of customer deposits over a six-month period, culminating in several frantic days in March before the government-orchestrated sale

Luxury brand LVMH's market value surpasses $500 bn, a first in Europe

Shares of Paris-based LVMH Moet Hennessy Louis Vuitton SE, as the company is formally known, climbed 0.3% to €903.70 at 10:43 a.m. Monday, valuing the company at €454 billion ($500 billion)

A 35,000% stock market return since 2012 in European Union? Here's how

Europe's haul isn't far behind the US, where 71 companies have achieved the same feat in the past 10 years, belying the notion the corporate landscape here is sclerotic

Burberry chief challenges Sunak over 'spectacular own goal' UK tourist tax

Sunak replied that he would listen to Murphy's concerns, while declining to comment on possible tax changes out of deference to Chancellor of the Exchequer Jeremy Hunt

Citi India plans to launch sustainability-linked deposits in coming days

Money raised from these deposits will be invested by Citi to help multinational customers meet their environmental, social and governance obligations in India