Page 424 - Bloomberg

Russian arms sales to India stall due to fears over sanctions from US

Indian payments for weapons amounting to more than $2 billion have been stuck for about a year, and Russia has stopped supplying credit for a pipeline of about $10 billion worth of spare parts

Twitter asks companies to pay for check marks, spend monthly to advertise

Businesses that already spend $1,000 a month on ads will be allowed to continue and will be given a gold check mark, the company added

Big tech earnings to offer reality check to investors over AI hype

Earnings misses on already revised-down estimates could threaten stock prices even as any guidance updates are scrutinized by the market

Procter & Gamble raises sales outlook, says demand is stabilising

The outlook and quarterly results outpaced expectations in key metrics, highlighting that the US economic slowdown appears to be relatively contained

Ford's F-150 leaves tough choices for buyers seeking EV tax credits

Dozens of other electric cars and trucks didn't make the cut, either because they aren't manufactured in the US or don't use American parts and pieces

How many Indians are there really? India isn't ready for the answer

Centre has a somewhat difficult relationship with data. Various surveys and calculations, from the national income accounts to household consumption patterns and jobs data, have been cancelled

India's economic activity signals resilience even as exports dim outlook

India's economic activity stayed resilient in March though the weakening pace of exports and an increase in unemployment dimmed the outlook for the country that's surpassing China as the most populous

With $100 bn in 2022, India biggest recipient of money from overseas

Highly-skilled Indian migrants from the US, UK and Australia were sending more money home, helped by job support programs during Covid-19 restrictions

RBI expected to pivot to rate cuts by year-end after a long pause

Borrowing costs in India have probably peaked, with the central bank expected to start cutting rates by the end of the year

With nearly 100% stock returns in 16 months ITC is in no hurry to win

The unhurried pace of ITC, not controlled by any business family, has been reassuring

End to Twitter's legacy blue checkmarks; Pope losses tick, LeBron retains

The move has already spurred confusion. Celebrities, government officials and other notable users that choose not to pay $8 per month for Twitter Blue, the premium version, have lost the checkmark

Apollo pitches investors on deal to ease industrywide fundraising slump

The firm pitched it as a way to ease clients' liquidity pressures, according to people familiar with the matter

J&J wins pause of baby powder trials, must face new suits, says judge

US Bankruptcy Judge Michael Kaplan said Thursday the company won't have to go to trial over any talc lawsuits for at least 60 days, but new lawsuits can be filed

BlackRock racial audit shows struggles to retain leaders from various races

Retention was identified as one of BlackRock's challenges, even as the world's largest money manager met some goals on diversifying its overall workforce since 2020

Electricity demand hits record as heat boosts cooling device usage

The India Meteorological Department has forecast a hotter summer in parts of the nation, with temperatures already crossing 44C (111F) at some places

US debt default will threaten global financial system, says BlackRock

Addressing the broader economy, Hildebrand said he saw no scenario in which interest-rate cuts would happen this year

Deepfake detection is one corner of AI technology that isn't booming

Experts agree there's undue attention on AI generation and not enough on detection, said Claire Leibowicz, head of the AI and Media Integrity Program at nonprofit organization The Partnership on AI

Zee starts settlement talks with creditors to close Sony merger: Reports

The repayments are crucial for the merger, which will create a media firm with the biggest viewership and pricing power in the country of more than 1.4 billion people

Asia's chip makers powered by coal and gas imperil climate goals

None of the 13 semiconductor, display and final assembly companies have climate commitments in line with the Intergovernmental Panel on Climate Change recommendations

Credit Suisse AT1 holders' billions of debt challenged in Swiss court

The Swiss administrative court has received four filings linked to the additional-tier 1 debt writedown, a spokesperson said on Thursday declining to give any detail