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Page 458 - Bloomberg

Lufthansa resumes operations after IT issues grounded hundreds of flights

Deutsche Lufthansa AG is returning to normal flight operations after widespread software problems linked to damaged Deutsche Telekom AG broadband cables grounded hundreds of planes

Lufthansa resumes operations after IT issues grounded hundreds of flights
Updated On : 15 Feb 2023 | 9:37 PM IST

Tesla's Elon Musk may soon recapture world's richest person title

The disclosure comes as Musk, 51, has narrowed the gap to Arnault to less than $10 billion amid signs of growing demand for Tesla's electric vehicles.

Tesla's Elon Musk may soon recapture world's richest person title
Updated On : 15 Feb 2023 | 8:53 PM IST

Adani Group hires banks to hold meetings with fixed-income investor

Adani Group companies said in a stock exchange filing that it faces no material refinancing risk and there is no near-term liquidity requirement

Adani Group hires banks to hold meetings with fixed-income investor
Updated On : 15 Feb 2023 | 7:14 PM IST

Amazon's self-driving car shuttles people on public roads for first time

The company said the robotaxi trip marks the first time that a vehicle designed without human controls has carried passengers on a public road

Amazon's self-driving car shuttles people on public roads for first time
Updated On : 14 Feb 2023 | 11:09 PM IST

Adani stocks rout rattles confidence in local insurer assets, says Bain

A stock rout has wiped $127 billion off the market value of Adani's empire after a scathing report by short seller Hindenburg Research on Jan 24

Adani stocks rout rattles confidence in local insurer assets, says Bain
Updated On : 14 Feb 2023 | 11:06 PM IST

Starbucks illegally threatened, sacked employees: US labour board rules

The dispute involves workplace activism in 2019, before the launch of the current Starbucks Workers United campaign which has reached hundreds of the company's US cafes

Starbucks illegally threatened, sacked employees: US labour board rules
Updated On : 14 Feb 2023 | 10:59 PM IST

US inflation rises 0.5% in January, more interest rate hike likely

CPI is up 6.4% from the year-ago period; food and energy boosted the index

US inflation rises 0.5% in January, more interest rate hike likely
Updated On : 14 Feb 2023 | 10:49 PM IST

Michigan campus shooting: Nearly three killed, suspect found dead

The suspect was a 43-year-old man who "is not affiliated in any way with MSU

Michigan campus shooting: Nearly three killed, suspect found dead
Updated On : 14 Feb 2023 | 10:43 PM IST

Covid's omicron variant, thought to be milder, can increase diabetes risk

Omicron has been seen as a milder version of Covid compared with earlier strains, leading to lower rates of hospitalization and death than delta and the strain that first emerged from China

Covid's omicron variant, thought to be milder, can increase diabetes risk
Updated On : 14 Feb 2023 | 10:15 PM IST

US Inflation stays elevated, adding pressure for more Fed hikes

The median estimates in a Bloomberg survey of economists called for a 0.5% monthly advance in the CPI and a 0.4% gain in the core measure

US Inflation stays elevated, adding pressure for more Fed hikes
Updated On : 14 Feb 2023 | 7:51 PM IST

Boeing cuts India's aviation mkt outlook to 2,210 new jets over next 20 yrs

India's air traffic has "transitioned from recovery to growth," having returned to 98% of pre-pandemic levels, Boeing said, adding that domestic traffic should double by the end of this decade

Boeing cuts India's aviation mkt outlook to 2,210 new jets over next 20 yrs
Updated On : 14 Feb 2023 | 12:45 PM IST

Qatari investors set to make an offer for Manchester United in coming days

The Qatari consortium is preparing to submit an initial bid for the English Premier League football club by the end of the week, the people said

Qatari investors set to make an offer for Manchester United in coming days
Updated On : 14 Feb 2023 | 11:49 AM IST

Adani crisis unlikely to spill over to other Indian conglomerates

Adani is an outlier, not representative of India Inc. as a whole," economists Abhishek Gupta, Scott Johnson and Tom Orlik said in their report Tuesday

Adani crisis unlikely to spill over to other Indian conglomerates
Updated On : 14 Feb 2023 | 10:23 AM IST

India's soaring Russian oil imports making rupee payment mechanism futile

New Delhi's imports from Russia in eight months to November were almost 16 times its shipments to the nation, trade ministry data show

India's soaring Russian oil imports making rupee payment mechanism futile
Updated On : 14 Feb 2023 | 9:42 AM IST

Dabur weighs acquisitions to expand across India, SE Asia amid competition

The expansion comes as Dabur faces intensifying competition from deep-pocketed rivals - including global consumer titan Unilever Plc - which are swooping in on upstart Indian brands

Dabur weighs acquisitions to expand across India, SE Asia amid competition
Updated On : 14 Feb 2023 | 7:48 AM IST

Renault, Nissan to invest $600 million to expand lineup, add jobs in India

The two will produce six new vehicles in the South Asian nations- including two electric cars - for domestic and international customers

Renault, Nissan to invest $600 million to expand lineup, add jobs in India
Updated On : 13 Feb 2023 | 12:43 PM IST

OPEC chief tells climate negotiators to 'look at the big picture'

OPEC's top official said climate policies need to be more "balanced and fair."

OPEC chief tells climate negotiators to 'look at the big picture'
Updated On : 12 Feb 2023 | 11:00 PM IST

Unidentified object over Canada shot down as aerial drama escalates

The drama began earlier this month when a balloon traversed North America, gripping global attention and sparking a diplomatic standoff between the US and China

Unidentified object over Canada shot down as aerial drama escalates
Updated On : 12 Feb 2023 | 8:57 AM IST

Rishi Sunak privately drafting plans to rebuild Britain's ties with EU

Prime Minister Rishi Sunak has privately asked senior ministers and officials to draw up plans for rebuilding the UK's relations with the European Union after years of acrimony since Brexit

Rishi Sunak privately drafting plans to rebuild Britain's ties with EU
Updated On : 11 Feb 2023 | 7:11 PM IST

China insists balloon for civilian use, accuses US of exaggerating dispute

The Biden administration offered details including that high-resolution imagery provided by U-2 spy planes flying past the balloon revealed an array of surveillance equipment

China insists balloon for civilian use, accuses US of exaggerating dispute
Updated On : 11 Feb 2023 | 11:50 AM IST