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Bloomberg

Bloomberg

Page 430 - Bloomberg

How new tanker giants are sprouting from nowhere to keep Russian oil moving

Almost 1,200 miles away in Dubai, a small office in a run down industrial estate, offers no clues that it, too, is a small cog in Russia's vast new petroleum supply chain

How new tanker giants are sprouting from nowhere to keep Russian oil moving
Updated On : 19 Mar 2023 | 11:10 PM IST

Credit Suisse's 1st boston plan in doubt as Swiss lender nears forced sale

Klein and others had already been talking to interested parties as they sought to line up investors for the business

Credit Suisse's 1st boston plan in doubt as Swiss lender nears forced sale
Updated On : 19 Mar 2023 | 4:56 PM IST

Credit Suisse crisis nears finale as UBS discussions on takeover heat up

At the prodding of regulators, UBS has put aside its initial opposition to a deal and is exploring possible structures that could be executed quickly to halt a deep crisis of confidence

Credit Suisse crisis nears finale as UBS discussions on takeover heat up
Updated On : 19 Mar 2023 | 10:40 AM IST

Donald Trump says he expects to be arrested on Tuesday, calls for protest

Trump has denied any wrongdoing and called Bragg's investigation "a political witch hunt"

Donald Trump says he expects to be arrested on Tuesday, calls for protest
Updated On : 18 Mar 2023 | 8:14 PM IST

Deutsche Bank is said to study opening for Credit Suisse's assets

The German bank's deliberations so far are internal and it hasn't made any concrete proposals to the Swiss lender yet, said sources

Deutsche Bank is said to study opening for Credit Suisse's assets
Updated On : 18 Mar 2023 | 7:49 PM IST

BlackRock denied working on possible rival bid for Credit Suisse

BlackRock has denied that it's working on a possible rival bid for Credit Suisse Group AG

BlackRock denied working on possible rival bid for Credit Suisse
Updated On : 18 Mar 2023 | 6:45 PM IST

CFA Institute revises exam; cuts study time, stresses practical skills

Starting next year, chartered financial analyst candidates will take Level I and Level II tests with new content covering skills used in the working world

CFA Institute revises exam; cuts study time, stresses practical skills
Updated On : 18 Mar 2023 | 1:16 PM IST

If OECD has its way, logging into Zoom at a beach could land you a tax bill

Currently firms and workers are facing a jumble of complicated rules on when a worker needs to pay tax if they are staying in different countries for prolonged periods

If OECD has its way, logging into Zoom at a beach could land you a tax bill
Updated On : 18 Mar 2023 | 12:38 PM IST

Was the Fed too late on SVB even though it saw problem after problem?

As the upgraded crew took over, it fired off a series of formal warnings to the bank's leaders, pressing them to fix serious weaknesses in operations and technology

Was the Fed too late on SVB even though it saw problem after problem?
Updated On : 18 Mar 2023 | 7:15 AM IST

Elizabeth Holmes files fresh plea to put off prison as she appeals

Holmes already has initiated an appeal of last year's jury verdict finding her guilty of multiple criminal counts of defrauding investors. That process could take as long as two years

Elizabeth Holmes files fresh plea to put off prison as she appeals
Updated On : 18 Mar 2023 | 7:12 AM IST

Bank turmoil poses a $600 billion question for battered investors

Bank investors have largely been selling first and leaving that question for later. Around $600 billion dollars of market value has evaporated from the 70 biggest US and European banks since March 6

Bank turmoil poses a $600 billion question for battered investors
Updated On : 18 Mar 2023 | 7:11 AM IST

Universities race to recapture international students to shore up revenue

In Australia, where education is the fourth-biggest export, more than 28,000 Chinese returned to universities last month, with another 35,000 visa holders from the country still eligible

Universities race to recapture international students to shore up revenue
Updated On : 18 Mar 2023 | 7:02 AM IST

China should share raccoon dog's genetic data in Covid Probe, says WHO

The data could have and should have been shared three years ago, WHO Director-General Tedros Adhanom Ghebreyesus said Friday at a press conference

China should share raccoon dog's genetic data in Covid Probe, says WHO
Updated On : 17 Mar 2023 | 11:59 PM IST

Apple, Microsoft dominance on stock indexes grows in benchmark overhaul

Tech will remain by far the largest of the 11 industries in the S&P 500. It accounts for 29% of the S&P 500, its highest in more than a year, and up from a January low of 25.3%

Apple, Microsoft dominance on stock indexes grows in benchmark overhaul
Updated On : 17 Mar 2023 | 11:16 PM IST

Middle-class India has a new obsession: Expensive pre-wedding videos

Middle-class India has a new obsession: pre-wedding videos. They're extravagantly designed and choreographed, with music, dance routines and, often, movie-style sets

Middle-class India has a new obsession: Expensive pre-wedding videos
Updated On : 17 Mar 2023 | 10:12 PM IST

PM Modi's adviser says India economy can withstand heat wave impact

Even if heat waves strike again and crops get affected, overall growth should not suffer, according to Poonam Gupta, head of the National Council of Applied Economic Research

PM Modi's adviser says India economy can withstand heat wave impact
Updated On : 17 Mar 2023 | 6:32 PM IST

Credit Suisse gets lifeline of $54 bn. Now it's time to win back clients

The bank has consistently said it has sufficient liquidity, a position the backstop only strengthens

Credit Suisse gets lifeline of $54 bn. Now it's time to win back clients
Updated On : 17 Mar 2023 | 3:55 PM IST

South Korea's battery giants Samsung, LG in hot demand from US to Europe

Eight US states - including Kentucky, Georgia, North Carolina, Tennessee and Indiana - delivered presentations on the benefits they can offer Korean firms as a base for new manufacturing plants

South Korea's battery giants Samsung, LG in hot demand from US to Europe
Updated On : 17 Mar 2023 | 10:24 AM IST

IMF wants friendly nations to give funds to cash-strapped Pak before deal

This has led to a delay in concluding talks with the IMF for the program, Pakistan Finance Minister Ishaq Dar told the upper house of parliament on Thursday

IMF wants friendly nations to give funds to cash-strapped Pak before deal
Updated On : 17 Mar 2023 | 9:25 AM IST

Silicon Valley Bank looking for a buyer after dragged-out FDIC sale failed

It's left a mess that government officials, banking agencies and potential bidders are still trying to work out as they also navigate a deal for Signature Bank and try to bolster First Republic Bank

Silicon Valley Bank looking for a buyer after dragged-out FDIC sale failed
Updated On : 17 Mar 2023 | 9:01 AM IST