Page 468 - Bloomberg

Byju's founder raising funds to buy back as much as 15% of firm: Report

Raveendran is in the midst of overhauling the company's strategy and cutting marketing spend with a goal to be profitable by March

No reason China should retaliate over Covid travel restrictions: US

China has said it would hit back at nations that impose new rules on its travelers, dismissing the measures as "political goals

Slide in Apple's shares pushes iPhone maker's market value below $2 trn

Apple fell 3.7% on Tuesday, closing at its lowest since June 2021 as concerns about iPhone supply in the important holiday quarter mount

Fear of global natural gas crisis eased by warm start to winter

Gas futures are plummeting on reduced fuel consumption and the weaker outlook. European gas fell Tuesday, a day after briefly touching the lowest level since the war in Ukraine started

Samsung veteran sounds alarm on S Korea losing a global chip war

"We're in a chip war," said Yang Hyang-ja, who helped shape the 84-year-old conglomerate's present dominance in global memory chipmaking

Tesla fined $2.2 mn in S Korea for alleged violations of advertising law

Tesla falsely promoted and exaggerated the driving range and charging speed of its electric cars as well as the estimated savings on fuel costs by using its vehicles

SpaceX valued at $137 billion in latest funding round, says TV report

Space Exploration Technologies Corp. is raising $750 million in new fundraising, which values the company at $137 billion, CNBC reported

China's economy ends year in major slump as Covid infections surge

Official data over the weekend showed the decline in manufacturing worsened last month, while activity in the services sector plunged the most since February 2020

South Korea asks US to take up more active role in managing nuclear weapons

South Korean President Yoon said the strategy of "nuclear umbrella" or "extended deterrence" is no longer reassuring for the public now that North Korea has developed nuclear weapons

Xi breaks silence on divisions in China, warns of Covid-19 challenges

In a New Year's address on Saturday, Xi said the country is in a new phase of Covid control and has adapted after following a science-based and targeted approach

Former Pope Benedict XVI, whose resignation shook the Catholics, dies at 95

Benedict XVI passed away on Saturday at 9:34 AM in his residence, the official Vatican News agency said on Twitter

China's economic activity at slowest since 2020 as Covid-19 spreads

China's abrupt reversal of its Covid Zero policy pushed economic activity - its service sector in particular - to the slowest pace since February 2020, as the virus swept through major cities

Trump's returns show how he used write-offs to pay little or no tax

The returns, which include his personal and business filings from 2015 to 2020, are the first complete look into Trump's tax records for the years he was running for office and in the White House

China factory activity worsens in Dec after sudden reversal of Covid Zero

The official manufacturing purchasing managers index fell to 47 this month from November's 48, the National Bureau of Statistics said Saturday

Ronaldo signs deal with Saudi club, becomes highest-paid footballer ever

The UK's Sun newspaper said the 37-year-old Portugal striker would earn more than $200 million a year

Covid-mutation risk drives rush to test travellers from China across world

Covid-19 testing requirements for passengers traveling from China highlight mounting concerns about the potential for undetected new strains of the virus spawned by the country's burgeoning outbreak

David Beckham tripled revenues to $40.9 million in 2021 before Qatar deal

After the reporting period closed, the retired footballer faced public criticism for agreeing to promote Qatar despite concerns around the treatment of migrant workers

RBI working on alternate arrangements for banks hit by EU oversight rule

The RBI is continuously engaged with ESMA and other regulators to arrive at a mutually acceptable arrangement, which recognizes the territorial independence of the host regulator, said central bank

Adani's purchase of NDTV founders' stake may test acquisition rules

While the deft legal move shows the ingenuity of the tycoon and his dealmakers in clinching acquisitions - Adani's entry into NDTV 4 months ago was also via an indirect route

China's economic activity rebounds in cities where Covid-19 peaked

While mobility still remains well below pre-pandemic levels, the quick rebound in activity in cities like Beijing - where the outbreak was most severe - suggests the economy could recover faster