Page 462 - Bloomberg

Intel stock down over 9% on grimmest quarterly outlook since 2010

First-quarter sales will be $10.5 billion to $11.5 billion, the chipmaker said

Budget 2023: Govt likely to avoid populist measures; tax tweaks possible

FM Sitharaman is unlikely to tinker much with tax rates, yet will also steer clear of populist measures, according to economists surveyed

How CO2 removal can take us back to ideal state of pre-industrial era

There are good reasons for governments to utilize novel CDR methods at the same time as expanding established land-based carbon capture and storage

Ohio-based Goodyear to cut 500 jobs amid weak demand, rising inflation

The company said it's grappling with inflation in areas such as wages and benefits, countering the benefit from a decline in raw material costs

How Burning trees in Brazil's Amazon melts snow in the Himalayas

Scientists are only beginning to investigate the connections between far-flung components of the planet's climate system

Here's why bond veteran sees India's benchmark yield trending downwards

Investors will get a sense of how much more debt India is planning to raise in it's upcoming Feb 1 budget

Hive Ransomware seized after a global sting by US-German law enforcement

Hive ransomware was seized after a joint US-German law enforcement crackdown that thwarted $130 million in demands for payment from more than 1,500 victims around the world

US economy shows signs of slowdown after growing 2.9% last quarter

Personal consumption, the biggest part of the economy, climbed at a below-forecast 2.1% pace

Card spending slows, hurting revenue growth amid inflation, says Mastercard

Net revenue for the fourth quarter jumped 12% to $5.82 billion, in line with the $5.8 billion average of analyst estimates compiled by Bloomberg

NYSE mayhem traced to an employee who left a backup system running

An NYSE employee failed to properly shut down Cermak's disaster-recovery system - leading to a disaster

Russian oil exports to India likely to hit new highs as interest grows

The refinery executives said Indian processors will maintain their long-term supplies from producers such as Saudi Arabia, with any increase in Russian purchases done on a spot and opportunistic basis

SAP plans to sell its stake in Qualtrics, cut 3,000 jobs to boost profit

SAP Chief Executive Officer Christian Klein said in a call with reporters that the job cuts were a strategic move and "not related to our business momentum

$1 trillion green investment matches fossil fuels for first time: Report

Global investments in the clean energy transition hit $1.1 trillion in 2022, roughly equal to the amount invested in fossil fuel production

Hindenburg allegations against Adani puts investor trust in India in doubt

If Hindenburg is right, then a network of shadowy operators has placed itself right in the middle of those conflicting impulses

Gautam Adani's US dollar bonds fall after report by Hindenburg Research

In an approximately 100-page report, Hindenburg Research alleges a web of Adani-family controlled offshore shell entities in tax havens, in the Caribbean, Mauritius and the United Arab Emirates

IBM announces layoffs amid tech slowdown, to cut global workforce by 3,900

In its forecast, IBM said free cash flow in fiscal 2023 is expected to be $10.5 billion while revenue will increase in the mid-single digits

JLR Swings to profit after output of new range rover model doubles

Earlier this month, JLR said it might miss a target of becoming net-debt free by next year as the supply-chain crisis crimped output

Mukesh Ambani to buy stake in US entrepreneur Josh Kushner's Thrive Capital

A group of global billionaires worth at least $123 billion are buying a stake in Thrive Capital, the venture-capital firm founded by Josh Kushner

Adani stocks drop after Hindenburg accuses firm of manipulation and fraud

Adani rocketed up the Bloomberg Billionaire's Index last year past the likes of Bill Gates and Warren Buffett

Prepare now, India's population won't be a demographic dividend forever

India's average age is still around 28, compared to 38 in China or 47 in Germany. But, as we have seen with China, those numbers can change more rapidly than expected